See also http://umpmfaq.info/faqdb.php?q=93 for another version of basically
the same answer you got from Cal.

"Max Effort" <Max Effort[at]discussions.microsoft.com> wrote in message
news:B8830C1E-04A5-4D7C-9381-1C0373D0445A[at]microsoft.com...
- quote -

In microsoft.public.money, Max Effort <Max
Effort[at]discussions.microsoft.com> wrote:

- quote -

You can create a cash account named Cash or whatever you choose.
When you withdraw your ATM money, you can enter that as a SPECIAL
transfer to the Cash account. Enter transactions into the Cash
account when you like. At various times, enter an expense
transaction for Miscellaneous into the Cash account to account for
the stuff you did not care to itemize.

You can choose to record more detail or less detail. For the least
detail, you can enter the ATM withdrawal as an expense transaction
for Miscellaneous.

I am currently running Microsoft Money 2006 Deluxe addition. I am about to
set up a checking account through CEFCU and I am just curious as to how when
I spend money on a day to day basis it knows what im spending it through? I
am very very new to this whole scene of things. I am only 21 but I know that
if I start these things young enough I will be well prepared for life so here
I am.

What I guess im not getting is, when I have my Spending Tracker track how
much gas im buying through-out a month does that mean I have to use a credit
card registered on here or a check through my bank to pay for it with?

If I buy gas with 20$ in cash, obviously this program is not able to find
that out. So in order to truly use the spending tracker I have to buy all my
entertainment, gas, and food with a check or credit card/debit card?

Or of I am going out to a club I might hit the bank up and grab 100$ from
the atm. It doesnt ask me to punch in what im using that cash for. So if I go
to an atm to withdraw then go spend it on entertainment, how does it know
where that cash went?

I assume I can punch into the Money Program what the last 100$ withdrawn on
my account balance page was used for, then in turn it will automatically plug
that into the correct Spending Tracker.

I've been known to be wrong though...not often mind you =)

Just trying to grasp this a bit better, havent found anything explaining it
too well.

I do apologize if this question seems idiotic or anything, but we all have
to start from somewhere and im just trying to figure it all out so please any
advice or tips anyone has id greatly appreciate.