07-26-2006, 12:59 AM
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 Re: Consolidating loans / accounts in Money 2004 Your way is probably the best under bad circumstances. Money makes it VERY DIFFICULT (not impossible, just VERY DIFFICULT) to track the money flow into a loan creation. "rjn02" <rjn02[at]discussions.microsoft.com> wrote in message news:AA212517-24AC-4944-856E-F2D3B6898E10[at]microsoft.com... - quote - > I'm running Money 2004. I have two student loans I've just consolidated > with > the financial institution, and I need to do the same in Money (open a new > loan account and transfer the balances of the two (now consolidated) loans > into it). I can can create a new loan of course with the combined balance, > but that does not address the balances on the loans it consolidates. Money > help does not seem to address this.? The only thing I can come up with is > to > create the "new" loan, then use the balance adjustment function in the > consolidated accounts to zero them out. Rather then guess though, I'd > prefer > to use the "correct" method if there is one. Thanks. R. Nolan |
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#-1
07-25-2006, 08:38 PM
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| Consolidating loans / accounts in Money 2004 I'm running Money 2004. I have two student loans I've just consolidated with the financial institution, and I need to do the same in Money (open a new loan account and transfer the balances of the two (now consolidated) loans into it). I can can create a new loan of course with the combined balance, but that does not address the balances on the loans it consolidates. Money help does not seem to address this.? The only thing I can come up with is to create the "new" loan, then use the balance adjustment function in the consolidated accounts to zero them out. Rather then guess though, I'd prefer to use the "correct" method if there is one. Thanks. R. Nolan |
| Tags |
| 2004, accounts, consolidating, loans, money |
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