"Taylor" <123[at]456.com> wrote in message
news:lnmCg.62126$Cn6.48734[at]tornado.texas.rr.com...
- quote -

Come to think of it, you could probably do that for the asset properties in
the first question.

"Tanveer" <Tanveer[at]discussions.microsoft.com> wrote in message
news:4B056DE9-C8C3-4983-9A19-4516463649EF[at]microsoft.com...
- quote -

Do not delete the accounts as they will affect the corresponding
transactions. Right click the account from the Account List page and select
"Account Closed". This will remove the account from the list.

- quote -

You can manipulate Reports for this. For instance, create one receivable
account and add a category name for each entry. Then go to reports and
create a custom report for that category and account. It will show all the
transactions for the category and any amount due.

I am using Microsoft money 2006 deluxe version to manage my personal finance.
I have few questions. First one is regarding managing real estate record by
tracking its market value. Currently I have to create new asset account upon
each purchase of property. Then I enter necessary transaction to show
increase/decrease in the value of the asset. The account balance becomes zero
when I sell property by transferring selling amount to appropriate account.
But it leaves too many accounts with zero balances. Can I delete such zero
balance accounts without any negative effect? More desired, is it possible to
create only head account say, property and sub accounts in it for each
specific property which may make job easier to maintain– something like
subsidiary accounts for a main account?

Similar questions for Accounts Receivable/Payable. Currently I am using only
one account each (of type asset & liability) to track receivable and
payables. However, it is quite difficult process because as I have to examine
many transactions to ascertain which entries are still outstanding. Because
such entries usually occur quite frequently and remain outstand for short
periods only, it is not worthwhile to create separate account for each entry.
Is there any easier and effective way to mange them or does any other version
of Money 2006 support such feature?