|
#1
| |||
| |||
| One reason my debt value is bizarre is because, apparently, it is including some things like amounts in categories that are not in the budget and amounts that are income in expense accounts (returns, typically). See the other thread for more Advanced Budget eye-opening behavior. "Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in message news:uPQ7gi2tGHA.4160[at]TK2MSFTNGP06.phx.gbl... - quote - > Have you checked the Debt Category group? > I just checked the How I'm Doing on my Budget report, in both M04 and M07, > set to rows by category. > The transactions listed in Debt include the complete total of both of my > loan payments, plus my transfers to the one Credit Card that's managed by > DRP, plus a whole bunch of other stuff that has nothing to do with > Debt--and a different collection of this other stuff in M04 from M07. > So, I guess my point is that it may well be there (good news) but the > report may be broken for any number of other reasons (bad news). As with > all analytic data from Money, it's best to do your own due diligence and > attempt to validate what it's telling you. > ---- > From: [an emailer] > Sent: Wednesday, August 02, 2006 9:18 PM > To: faq[at]whereveritis.info > Subject: Money FAQ:loan interest expense > I don't like, but understand why money doesn't treat loan principal > payments as expenses for the monthly budget. However, interest and escrow > payments are legitimate expenses, but still don't show up in the budget > report even if they are sepearted out in the loan payment details. Is > there a way to make money see interest and escrow payments as monthly > expenses and still be able to track the loan balance by having a loan > account? |
| | |||
| |||
| IIRC, the new S&S budget treats debt differently. I don't recall the details and don't have time at the moment to review it. -- Chris Cowles Gainesville, FL "Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in message news:uPQ7gi2tGHA.4160[at]TK2MSFTNGP06.phx.gbl... - quote - > Have you checked the Debt Category group? |
|
#-1
| |||
| |||
| Have you checked the Debt Category group? I just checked the How I'm Doing on my Budget report, in both M04 and M07, set to rows by category. The transactions listed in Debt include the complete total of both of my loan payments, plus my transfers to the one Credit Card that's managed by DRP, plus a whole bunch of other stuff that has nothing to do with Debt--and a different collection of this other stuff in M04 from M07. So, I guess my point is that it may well be there (good news) but the report may be broken for any number of other reasons (bad news). As with all analytic data from Money, it's best to do your own due diligence and attempt to validate what it's telling you. ---- From: [an emailer] Sent: Wednesday, August 02, 2006 9:18 PM To: faq[at]whereveritis.info Subject: Money FAQ:loan interest expense I don't like, but understand why money doesn't treat loan principal payments as expenses for the monthly budget. However, interest and escrow payments are legitimate expenses, but still don't show up in the budget report even if they are sepearted out in the loan payment details. Is there a way to make money see interest and escrow payments as monthly expenses and still be able to track the loan balance by having a loan account? |
| Tags |
| expense, faqloan, interest, money |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Home Equity Loan - Interest computed on a 365/365 simple interest basis Kathleen Anderson [MVP - FrontPage]: I recently took out a Home Equity Loan with Bank of America and set it up in Money 2004. The first payment was taken by auto-debit a couple of days... | Microsoft Money | 11 | 10-21-2005 03:45 PM | |
| Interest Only loan stevev: How do you set up a home mortgage that is interest only for the first 5 years? When you go through the "normal" setup Money splits the payment... | Microsoft Money | 1 | 04-09-2005 08:21 PM | |
| Interest-Only Mortgage Loan Miazike: What is the best way to set up an interest-only ARM? Money wants to calculate a payment consisting of principal plus interest. | Microsoft Money | 6 | 12-11-2004 09:41 PM | |
| Money isn't allowing interest on student loan? Brett: I'm using Money 2003. I've setup a student loan account and can only make payments. How do I add interest that accrues monthly? Thanks, Brett | Microsoft Money | 2 | 01-02-2004 11:24 PM | |
| loan interest calculations Marla McCune: MS MONEY 3.0 let me calculate variable payments showing the interest and principal breakdown but the newer versions won't. What can I do, XP won't... | Microsoft Money | 1 | 10-03-2003 05:01 PM | |
| Thread Tools | |
| Display Modes | |
| |