I've scheduled transactions including categories that were not in the
budget. If you remove the entire category, the transaction (or part
thereof) is ignored.

In my example, my wife's employer includes imputed income as an explicit
line on the paycheck stub. It's taken out at the end, to balance the check.
It helps to have it there so the W-2 is correct at the end of the year. I
exclude the category entirely from the advanced budget, and it works fine.
Of course, every time I update the paycheck model it squawks about
categories not in the budget. Answer the question in the manner you prefer.
It works either way.

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:uUucGvP$GHA.1224[at]TK2MSFTNGP04.phx.gbl...
- quote -

In interest of completeness, I thought of another strategy.

In the Advanced Budget, you don't have to budget any category that doesn't
have transactions scheduled. If you didn't schedule a Paycheck with taxes
and the other stuff, you could budget these categories or not as you see
fit.

It would complicate entering Paychecks with detailed breakout of paystub
information.

It would complicate budgeting for "Net Pay" since a paycheck recorded
completely broken out typically wouldn't have a "Net Pay" category entry.

It would complicate or nullify other tools like Tax Estimator and
Withholding Estimator and Lifetime Planner.

Basically if you want to do any of the neato stuff you need to collect all
of the stub info and, sooner or later, this drives you to scheduling
Paychecks and this drives you to budget all of the categories.

Note also that budgeting for transfers to retirement accounts is typically
not "budget" as these are not expense; Money setup right would call these a
transfer out of budget accounts.

"gmoney" <gmoney[at]discussions.microsoft.com> wrote in message
news:73CE31D7-DD3D-4673-B437-780B9BF90312[at]microsoft.com...
- quote -

"gmoney" <gmoney[at]discussions.microsoft.com> wrote in message
news:73CE31D7-DD3D-4673-B437-780B9BF90312[at]microsoft.com...
- quote -

I don't see a question here.

Money's Advanced Budget Planner won't work "Net" of all of that stuff if you
are entering Paychecks accounting for all of it. It's just not designed that
way. It won't hurt you to budget for taxes the other stuff you don't want to
budget for. It's just a number you aren't used to looking at. They are real
expenses, no? Can't say about the new S&S Budget thing. Chris Cowles might
be able to answer that as he's messed with it more than I have. But there's
a lot more to this answer like understanding the include in budget planner
flag for accounts and Transfer In/Out of Budget Account and so forth. Again,
you pose no question to answer directly.

Excel may be a better tool if you really have to have your budget your way.

You say the wage amount downloaded and recorded--as evidenced by the total
amount of the Paycheck transaction in the account you put it in--is a net
amount of course. Well, sure. What's your bank know about your paystub info
besides the bottom line? Nada. So what you want to do is edit the downloaded
transaction to a Paycheck with all of the stuff the download just can't know
about. A better alternative is to match the download with a scheduled
Paycheck transactions that already has an approximation of all of that stuff
in it. Then you just have to adjust as required for this period's paystub.

You say something about the 401k double counting contributions. Well, if the
Paycheck you entered already has a Transfer:401k Cash Account on the
before-taxes tab, where's the double entry come from? You downloaded from
the 401k as well? Match that contrib to the one that got there from the
transfer.

"gmoney" <gmoney[at]discussions.microsoft.com> wrote in message
news:73CE31D7-DD3D-4673-B437-780B9BF90312[at]microsoft.com...
- quote -

I am also having problems with this. I categorize transactions from my
downloaded checking account. The amount that records in my checking account
is a net amount of course. However, I would like to include deductions
especially retirement plan contributions in my budget. Because the wage
amount recorded is a net amount, any entry into the 401K would double count.
Also, I would like to set my budget net of taxes but gross of healthcare and
retirement. I have no idea how to do that and that may be tricky though the
math is sound. At a minimum, I would like to set my budget net of all
deductions and withholdings.

"Dick Watson" wrote:

- quote -

re. "it treats it like a paycheck I am giving somebody else"

Why do you say that? What is your evidence? What are you seeing? What are
you expecting to see instead?

"crocsdontsweat" <crocsdontsweat[at]discussions.microsoft.com> wrote in message
news:551CC652-910D-4130-BA3C-E03D746B6086[at]microsoft.com...
- quote -

I have M2007 Deluxe with Advanced Register. I figured if I am going to track
my 401k and Taxes, I need to be in advnaced register. Any help will be
appreciated!

"Dick Watson" wrote:

- quote -

Version? (Deluxe, Essentials, * Business?) Essential Bills/Essential
Register?

re. "it treats it like a paycheck I am giving somebody else"

Why do you say that? What is your evidence?

"crocsdontsweat" <crocsdontsweat[at]discussions.microsoft.com> wrote in message
news:53B2782A-EBF4-49C3-8C2E-38C0E1A80CFE[at]microsoft.com...
- quote -

What is the best way to enter a paycheck in Moey 2007? I go to Bills add
paycheck
enter all my 401k/tax info and it treats it like a paycheck I am giving
somebody else. It does not treat it like a recurring deposit. Do I need to
set it up as a Gross Pay. Arrggh... I know I am missing something but can't
figure it out. Help!