well...now I'm thinking that the apply credit thing there isn't what I've
been thinking it is. I was thinking it was a credit towards the invoice for
the customer, like if I said I owed him money, I'll just credit your next
invoice. But, it looks like that's a "line of credit" kind of thing...am I
right? So I could apply an invoice to credit, then send them a statement..??

So I think I figured that out...unless I'm wrong there too. But information
on how to do that Income Tax thing would be cool. Thanks!

"DRUAngell" wrote:

- quote -

I've finally found in the help where it talks about how to do this, and I've
run into another problem.

You use the transaction forms to select Issue a Customer Credit Refund.
This option is only available in "advanced account register" modes. My
checking account gives me this ability right now, for instance, and I
remember setting that to advanced at some point, but I don't remember where.

My Asset account that got created for my business does not give me the same
options and doesn't look the same as my checking account screen. I'm
guessing that's because it's not in advanced mode, but I can't figure out how
to turn it there. I don't see it in account settings...not even for my
checking account.

"DRUAngell" wrote:

- quote -

First, on the business side of things, I've been creating some invoices and
have been able to mark some paid (woohoo!) When I click to apply payment to
an invoice there's an option in there to apply current credit to that payment
with just a check box. The dollar amount is $0.00 and I can't change it.
Where do I change this!? I had a perfect example where I had actually given
some credit to the client and I needed to use this feature but I can't find
where to actually create credits that can be applied here.

Second, I'd like to track how much Income Tax I owe on my current
sub-contracting income. I've created a liability account in Money and named
it Income Tax. Is there a way I can have this account automatically update
itself based on the invoices that I get paid for? For instance, I tell it
what tax bracket (or percentage to tax my income) and add it here for each
paid invoice. Is that possible, or do I have to add that into this account
manually?

I guess that's it for now. Any information on those things would be greatly
appreciated. Thanks!