Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
  #1  
Old 02-13-2006, 03:39 AM
Justin Thyme
Guest
 
Posts: n/a
Default Re: Expenditure does not seem to go into correct catagory

Thanks,


"Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message
news:%235BvMEFMGHA.2416[at]TK2MSFTNGP15.phx.gbl...
- quote -

> "Justin Thyme" <jit[at]aol.com> wrote in message
> news:O2KnGIDMGHA.4052[at]TK2MSFTNGP15.phx.gbl...
> > Hello,
> > > I recently financed 3600.00 for dental work. The method of finace is a

> > credit card valued at the total amout financed, payable over a year (0%
> > for the first year) . I wanted to assign the total amout to "health care:
> > dental" so it will show up on my tax form. (schedule A ?) in 2006.
> > > First I setup a credit card account with 0 balance. Then I charged

> > 3600.00 to the account, using Healthcare:dentist as the catagory.
> > Afterwards I use the speacial catagory "Transfer : Checking" to pay the
> > monthly amount.
> > > I see that the 3600.00 listed in the catagory "Healthcare: dentist" but

> > if I run an estimated tax report I see the total amout listed in the
> > Previous Year 2005 health care section and not in "Current Tax Year 2006"
> > health care section.
> > > Q: Have I set this up correctly?
> > > Thanks for you help,

> > Bruce
> > > p.s The date for the total charged (3600.00) is Jan 4 2006

> Go to the Healthcare: Dentist category, right-click the transaction in the
> list, select applicable tax year.
> --
> Chris Cowles
> Gainesville, FL



 
Old 02-13-2006, 02:53 AM
Chris Cowles
Guest
 
Posts: n/a
Default Re: Expenditure does not seem to go into correct catagory

"Justin Thyme" <jit[at]aol.com> wrote in message
news:O2KnGIDMGHA.4052[at]TK2MSFTNGP15.phx.gbl...
- quote -

> Hello,
> I recently financed 3600.00 for dental work. The method of finace is a
> credit card valued at the total amout financed, payable over a year (0%
> for the first year) . I wanted to assign the total amout to "health care:
> dental" so it will show up on my tax form. (schedule A ?) in 2006.
> First I setup a credit card account with 0 balance. Then I charged 3600.00
> to the account, using Healthcare:dentist as the catagory. Afterwards I use
> the speacial catagory "Transfer : Checking" to pay the monthly amount.
> I see that the 3600.00 listed in the catagory "Healthcare: dentist" but if
> I run an estimated tax report I see the total amout listed in the Previous
> Year 2005 health care section and not in "Current Tax Year 2006" health
> care section.
> Q: Have I set this up correctly?
> Thanks for you help,
> Bruce
> p.s The date for the total charged (3600.00) is Jan 4 2006


Go to the Healthcare: Dentist category, right-click the transaction in the
list, select applicable tax year.
--
Chris Cowles
Gainesville, FL



  #-1  
Old 02-12-2006, 11:11 PM
Justin Thyme
Guest
 
Posts: n/a
Default Expenditure does not seem to go into correct catagory

Hello,

I recently financed 3600.00 for dental work. The method of finace is a
credit card valued at the total amout financed, payable over a year (0% for
the first year) . I wanted to assign the total amout to "health care:
dental" so it will show up on my tax form. (schedule A ?) in 2006.

First I setup a credit card account with 0 balance. Then I charged 3600.00
to the account, using Healthcare:dentist as the catagory. Afterwards I use
the speacial catagory "Transfer : Checking" to pay the monthly amount.

I see that the 3600.00 listed in the catagory "Healthcare: dentist" but if I
run an estimated tax report I see the total amout listed in the Previous
Year 2005 health care section and not in "Current Tax Year 2006" health care
section.

Q: Have I set this up correctly?

Thanks for you help,
Bruce

p.s The date for the total charged (3600.00) is Jan 4 2006


 

Tags
catagory, correct, expenditure
Similar Threads
Thread Forum Replies Last Post
Spending Catagory
skid0g@juno.com: I have trying to make this featue work for me so I can see where my money goes. (I previously was convinced that money disappeared over time in...
Microsoft Money 2 11-18-2005 07:26 PM
What catagory to use for a CC payment?
Steven C: I'm currently running Money 2005. The problem I'm having is with credit card payments. In my regular bank account anytime I make a CC payment I use...
Microsoft Money 2 11-09-2004 09:08 PM
What catagory to use for a CC payment?
Steven C: I'm currently running Money 2005. The problem I'm having is with credit card payments. In my regular bank account anytime I make a CC payment I use...
Microsoft Money 1 11-09-2004 04:29 PM
Money 2002 - Catagory Set up
Rod: I have a question for what to catagorize the following debits. I'm tired of putting them in the "misc." catagory but how would you set the...
Microsoft Money 3 01-25-2004 04:57 AM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 05:19 PM.