Open the splits in a recently entered Loan Payment transaction in the
account register making the payment. What do you see?

"victory082" <victory082(donotuse)[at]hotmail.com> wrote in message
news:2FD44F17-590A-413C-B87F-FF63EAF85B71[at]microsoft.com...
- quote -

Hi Dick,
I know about the split amounts but when I set up my homeloan it never gave
me the option to set it up like that. It did ask me for principal, interest &
escrow but it lumped them all together to get my monthly payment & then
deducts out PI from the loan amount each payment!!??
Thanks, Jack
--
victory082


"Dick Watson" wrote:

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Money can Split transactions into multiple parts. (E.g., a $1,000 Loan
Payment split into a $200 Principal Transfer to the Loan Account and an $800
Interest Expense:Mortgage Interest. Or maybe $55 at the grocery store Split
into $44.00 for Food:Groceries, $8.00 for Miscellaneous:Supplies, and $3.00
for Miscellaneous:Postage.)

You can find out more about Split transactions in the Help. You can also
find out more about Loan Accounts there. You might also want to open the
Sample data file where there are examples of all of this.

"victory082" <victory082(donotuse)[at]hotmail.com> wrote in message
news:4870E22C-3D3C-4EA0-A98C-B066F3FF2453[at]microsoft.com...
- quote -

Hi Dick,
appreciate the help, believe me!! Not sure what you mean by splits? My other
loans are small ones: credit cards.
Jack
--
victory082


"victory082" wrote:

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You might also see the thread associated with message ID
E23F807E-5014-41DA-8F60-9A23517E88F6[at]microsoft.com using an advanced search
at http://groups.google.com. That was a similar case that never really got
resolved.

Look at the splits of one Loan Payment in the register making the payment.
What categories are included? What amounts?

"victory082" <victory082(donotuse)[at]hotmail.com> wrote in message
news:A469E80D-8073-42CB-8DFD-0819E8393A85[at]microsoft.com...
- quote -

Hi,
$2004 premium. used the wizard & inputed all my own figures. Other loans I
set up work fine. Did everything the way the wizard wanted it & all the
figures checked out. Thanks for responding! :-)
--
victory082


"Dick Watson" wrote:

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You've gotta throw us a bone or two.

Version of Money?

Manually entered transaction data or downloaded? If downloaded, direct or
third party download?

Advanced Register or Essential?

Categories assigned in loan payment?

Other Loan Accounts work?

Loan setup using wizard?

Throw us those and well chew on 'em and see if we are still hungry....

"victory082" <victory082(donotuse)[at]hotmail.com> wrote in message
news:EA1B0902-3FEA-4406-8B2C-F048592AB16F[at]microsoft.com...
- quote -

Each time I set up my home loan in $ ( I've done it 3 different times! ) $
deducts BOTH the principle & interest amount when I make my monthly payment
when it should only be deducting the principle amount of my monthly payment,
from the loan amount.
Anyone know how to correct this? It really makes a mess of the actual amount
left owed on the loan!!
--
victory082