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Old 08-30-2003, 03:30 PM
Michael Gordon, MVP
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Default Re: Can't link a Home Equity Line of Credit to Home Asset Acct

Had the same problem in 03, Rick - I created a new account and moved the
transactions from the existing one to the new one.

--
Michael Gordon - MVP


"Richard Bollar, MVP" <bollar[at]bollar.org> wrote in message
news:umJbQOwbDHA.2372[at]TK2MSFTNGP09.phx.gbl...
- quote -

> Interesting and I see what you're seeing. In Money 2004, I was able to
add
> an account with the type "Home Equity Line of Credit" and it worked.
> However, I couldn't figure out how to make an existing account take on the
> attributes of a HELOC.
> Anyone else have any ideas?
> --
> "Javier Ruiz" <6744880.fly[at]smapfly.com> wrote in message
> news:085e01c36ec5$a0791b90$a301280a[at]phx.gbl...
> > Thank you Richard,
> > > That made sense, I did the change, but for whatever

> > reason, when I go to associate another loan account, the
> > pull-down remains blank. If I enter the name of the Home
> > Equity Line (now a liability acct), it recognizes there's
> > another account with that name but doesn't allow me to add
> > it as an associated account.



 
Old 08-30-2003, 02:32 PM
Richard Bollar, MVP
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Posts: n/a
Default Re: Can't link a Home Equity Line of Credit to Home Asset Acct

Interesting and I see what you're seeing. In Money 2004, I was able to add
an account with the type "Home Equity Line of Credit" and it worked.
However, I couldn't figure out how to make an existing account take on the
attributes of a HELOC.

Anyone else have any ideas?

--


"Javier Ruiz" <6744880.fly[at]smapfly.com> wrote in message
news:085e01c36ec5$a0791b90$a301280a[at]phx.gbl...
- quote -

> Thank you Richard,
> That made sense, I did the change, but for whatever
> reason, when I go to associate another loan account, the
> pull-down remains blank. If I enter the name of the Home
> Equity Line (now a liability acct), it recognizes there's
> another account with that name but doesn't allow me to add
> it as an associated account.



  #-1  
Old 08-30-2003, 07:09 AM
Javier Ruiz
Guest
 
Posts: n/a
Default Re: Can't link a Home Equity Line of Credit to Home Asset Acct

Thank you Richard,

That made sense, I did the change, but for whatever
reason, when I go to associate another loan account, the
pull-down remains blank. If I enter the name of the Home
Equity Line (now a liability acct), it recognizes there's
another account with that name but doesn't allow me to add
it as an associated account.

Regards, Javier

- quote -

> -----Original Message-----
> The problem is that Credit Cards can't be linked to the

home asset. I'd
> suggest changing the account type to liability -- I

believe that will allow
> you to link it to the home.
> --
> "Javier Ruiz" <6744880.fly[at]smapfly.com> wrote in message
> news:2a9801c36d28$8fbb1db0$3501280a[at]phx.gbl...
> > In Money 2001, I had no problem linking my 1st-mortgage
> > (fixed) to the Home Asset Account.
> > > Money allows linking other loans so equity is calculated

> > properly, however, the drop-down menu for selecting
> > another account doesn't list my Home Equity Line of

Credit.
> > > I have the HELOC setup as Credit Card following prompt

> > directions.
> > > Why is Money excluding this account?
> > > Thanks, Javier

> .

 

Tags
acct, asset, credit, equity, home, line, link
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