Hi Bob

Thanks. I missed that reset option, but after using it, it is back how I
like it. I will let DRP continue now to do the whole job, but I still
continue to think that is a limitation in the choice of implementation.

b

"Bob Peel, MVP" wrote:

- quote -

It has always been thus. Don't know if it was ever written down, but in my
years of Money use, I have always understood that if you start using DRP you
have to let it do the whole job.

There is a DRP reset option. Tools > Settings > Planner settings > Reset
Debt Plan

--
Regards
Bob Peel,
Microsoft MVP - Money

For UK tips & fixes see
http://support.microsoft.com/default...d=fh;EN-GB;mny.


I do not respond to any emails that I have not specifically asked for.

"j141cjm" <j141cjm[at]discussions.microsoft.com> wrote in message
news81D08D7-8E6F-4561-BCB1-CFF30B492DA9[at]microsoft.com...
- quote -

Hi Chris

Thanks for your reply. It does behave the same as in previous versions I've
used. I still consider this a bug, I was hoping it would be fixed in this
version.

I can follow your suggestion going forward, and let the debt reduction
planner put the payments in the calendar, however, there is no way it seems
to "erase" that huge incorrect number.

Is there some way to completely re-initialize the debt reduction planner and
start from scratch again? I've tried removing the account from the
calculation that has the abnormally large payment, but the planner just
readjusts and puts that large payment for another account.

thanks
b

"Chris Cowles" wrote:

- quote -

Did it behave differently in previous versions? I think you may have to let
it manage the payments, even if you don't use it to pay bills
electronically. Just schedule them as direct debits or checks not
automatically posted, and record them in the register at your schedule.

I do that with two credit card accounts. One is a direct draft and the bank
drafts the minimum from my checking account. The other, paid the remainder
of the fixed amount allocated to the DRP after the minimum payment on the
first, is set up as an epay. It appears on my bills list for me to schedule
at the appropriate time. I could just as easily use both as prompts to
write checks, but I don't like paper.

The amount drafted by the bank is usually slightly less than that
calculated by the DRP. It's close but not exact. I schedule the ePay after
the bank draft, applying the difference to the ePay. Everything works well
that way.
--
Chris Cowles
Gainesville, FL



"j141cjm" <j141cjm[at]discussions.microsoft.com> wrote in message
news:44FEF72B-D669-4023-ABBE-753249E4BD03[at]microsoft.com...
- quote -

Money 2007 Premium...

I use the debt reduction planner, and specify a fixed amount to pay off
every month. Let's say, $500. However, I don't use the debt reduction
planner to add those bills as "scheduled" in the main scheduler. I manage
the payments myself manually, but like looking at the debt reduction planner
to see where I'm at. However, it doesn't update my payment per accounts
properly month to month. When I look at the debt reduction planner
month-to-month schedule, the current month says I should be paying over $4000
in bills, and then from next month on, it divides the $500 up properly
amongst the accounts. Then, next month it will be the same. The current
month will always display some huge amount, because (I'm only guessing) that
it believes I still have that money to pay from previous months --- (whereas
I have paid that money, but done it manually).

How can I get the debt reduction planner to reasses and reset where I am
every month, and disregard any payments it believes I should have paid in the
past?

Or maybe I'm wrong with my guess at what is happening --- can anyone explain
what is going on?

thanks