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#1
02-12-2006, 09:58 PM
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 Re: Account for Savings I have an account that is similar to this. I have a separate Excel spreadsheet to track the different amounts. I haven't been able to find anything in Money04 to support this either. "Jason Williamson" <jason_ace750[at]yahoo.com> wrote in message news:uebPCsBMGHA.2628[at]TK2MSFTNGP15.phx.gbl... - quote - > If I have a Savings Account with $5,000 in it how do I account for the > money? > For example: > $1,000 is for vacation > $110 is for vehicle registration > $240 is for vehicle maintenance - oil changes > $150 is for clothing > $1,000 is for furniture replacement > $1,000 is for Christmas > $1,500 is for Emergencies > Create an account for each and transfer the amount saved per month for > into each account and then transfer it back when I'm ready to spend it? > Create a category for each and work that into the budget somehow? > Any ideas? |
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02-12-2006, 08:41 PM
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| Re: Account for Savings "Jason Williamson" <jason_ace750[at]yahoo.com> wrote in message news:uebPCsBMGHA.2628[at]TK2MSFTNGP15.phx.gbl... - quote - > If I have a Savings Account with $5,000 in it how do I account for the
Categories apply only to income and expenses. Transfers to savings do not> money? affect categories. Creating an account for each would be nightmare with respect to balancing against the bank. Money just doesn't support what you want to do. -- Chris Cowles Gainesville, FL |
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#-1
02-12-2006, 08:26 PM
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| Account for Savings If I have a Savings Account with $5,000 in it how do I account for the money? For example: $1,000 is for vacation $110 is for vehicle registration $240 is for vehicle maintenance - oil changes $150 is for clothing $1,000 is for furniture replacement $1,000 is for Christmas $1,500 is for Emergencies Create an account for each and transfer the amount saved per month for into each account and then transfer it back when I'm ready to spend it? Create a category for each and work that into the budget somehow? Any ideas? |
| Tags |
| account, savings |
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