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  #5  
Old 09-01-2006, 05:57 PM
Jose
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Default Re: Re-creating loan payments after "nuking-the-bills"

I see... I was asking, because I am maintaining both alive, in two
different PCs, but I won't do that more than a couple of days... So I
am still in time to go back to M06 if needed, and I'm still evaluating
it.

So far, I see no improvements other than performance, but that is good
enough! So I will likely stay with M07.

Thanks!
Jose


Dick Watson wrote:
- quote -

> BTW, I don't like how M07 does a number of things; but M06 would be no
> solution to that and I'm already past any simple point-of-no-return with my
> M07 data file.
> "Jose" <jose.simonplaza[at]gmail.com> wrote in message
> news:1157003747.224524.105390[at]m73g2000cwd.googlegroups.com...
> > When you say you wish you had M06 running, you mean to compare? Or
> > because you don't like how M07 does some things?


  #4  
Old 09-01-2006, 01:54 PM
Dick Watson
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Posts: n/a
Default Re: Re-creating loan payments after "nuking-the-bills"

BTW, I don't like how M07 does a number of things; but M06 would be no
solution to that and I'm already past any simple point-of-no-return with my
M07 data file.

"Jose" <jose.simonplaza[at]gmail.com> wrote in message
news:1157003747.224524.105390[at]m73g2000cwd.googlegroups.com...
- quote -

> When you say you wish you had M06 running, you mean to compare? Or
> because you don't like how M07 does some things?



  #3  
Old 09-01-2006, 03:20 AM
Dick Watson
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Default Re: Re-creating loan payments after "nuking-the-bills"

To compare. M07 enabled nuke-the-bills. If I hadn't nuked the bills, I would
likely have had to pass on M07 as I did on M06 for the same reasons of
performance and stability.

"Jose" <jose.simonplaza[at]gmail.com> wrote in message
news:1157003747.224524.105390[at]m73g2000cwd.googlegroups.com...
- quote -

> When you say you wish you had M06 running, you mean to compare? Or
> because you don't like how M07 does some things?



  #2  
Old 08-31-2006, 05:55 AM
Jose
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Posts: n/a
Default Re: Re-creating loan payments after "nuking-the-bills"

Thanks, Dick! I just disconnected the budget from LP. I don't know if
the results are more accurate now, but at least, they look like they
did in M2006!

When you say you wish you had M06 running, you mean to compare? Or
because you don't like how M07 does some things?

Thanks!
Jose


Dick Watson wrote:
- quote -

> You re-created the loan payments in the only sensible way.
> I think this is just another example of why AB's inclusion of the Loan
> Payments (principal portion) under the "Debt" category is just boneheaded.
> The side effect you see, using budget in LP for expenses double counts the
> loan payments, is another. Note that it will also propagate "Transfers out
> of budget accounts" which may double count Savings & Investment, depending
> on how you have all of that setup.
> I'd just disconnect the Budget from LP and use either it's calculated
> income-taxes ... number or a customized version thereof. The Budget stuff is
> just too likely to be all horked up to begin with and then these double
> counting errors also get into play. Like all things with the Money analytic
> tools, you have to be prepared to understand what it's doing, or it's just
> garbage in, garbage out.
> I wish I still had a M04/M06 version running--I think something has changed
> in how they are doing this, but I can't demonstrate it.
> "Jose" <jose.simonplaza[at]gmail.com> wrote in message
> news:1156917250.533535.30820[at]i3g2000cwc.googlegroups.com...
> > For those of you that have gone through the process... What is the best
> > way to re-create loan payments after "nuking-the-bills"?


  #1  
Old 08-31-2006, 12:20 AM
Chris Cowles
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Posts: n/a
Default Re: Re-creating loan payments after "nuking-the-bills"

It definitely did, but I haven't quantified it yet. Tax categories used to
be 'silently' ignored in expenses inherited by LP from the Advanced Budget.
That's no longer the case, I don't think. That's just one example.
--
Chris Cowles
Gainesville, FL



"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:OOovPFDzGHA.4596[at]TK2MSFTNGP02.phx.gbl...
- quote -

> I wish I still had a M04/M06 version running--I think something has
> changed in how they are doing this, but I can't demonstrate it.



 
Old 08-30-2006, 12:39 PM
Dick Watson
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Posts: n/a
Default Re: Re-creating loan payments after "nuking-the-bills"

You re-created the loan payments in the only sensible way.

I think this is just another example of why AB's inclusion of the Loan
Payments (principal portion) under the "Debt" category is just boneheaded.
The side effect you see, using budget in LP for expenses double counts the
loan payments, is another. Note that it will also propagate "Transfers out
of budget accounts" which may double count Savings & Investment, depending
on how you have all of that setup.

I'd just disconnect the Budget from LP and use either it's calculated
income-taxes ... number or a customized version thereof. The Budget stuff is
just too likely to be all horked up to begin with and then these double
counting errors also get into play. Like all things with the Money analytic
tools, you have to be prepared to understand what it's doing, or it's just
garbage in, garbage out.

I wish I still had a M04/M06 version running--I think something has changed
in how they are doing this, but I can't demonstrate it.

"Jose" <jose.simonplaza[at]gmail.com> wrote in message
news:1156917250.533535.30820[at]i3g2000cwc.googlegroups.com...
- quote -

> For those of you that have gone through the process... What is the best
> way to re-create loan payments after "nuking-the-bills"?



  #-1  
Old 08-30-2006, 05:54 AM
Jose
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Posts: n/a
Default Re-creating loan payments after "nuking-the-bills"

Hi,

I've read many threads about this "nuke-the-bills" process, and since I
suffered poor performance issues since several versions ago, I decided
to give it a try.

I used M2007 trial version, and performance has increased
considerably!! Start up time is much shorter, and normal operations
run also faster.

But I have an issue... The lifetime planner section is duplicating the
loan payments. I could not find the way to re-create the loan payment
bills, so I created them as new bills. When I did, and I set the
category as "loan payment : xxx act", it recognized it very nicely!
Number of remaining payments, split of principal + interests showing as
"calculated values"... it looked too good to be true!

Well, it seems that those bills are now part of my "living expenses" in
the lifetime planner, although they are also included in the loans&debt
section. I am letting the lifetime planner to get the living expenses
from my budget, and I would like to leave it like that. I wonder if it
is so because of the way I re-created the loan payments...

For those of you that have gone through the process... What is the best
way to re-create loan payments after "nuking-the-bills"?

THANKS!
Jose

 

Tags
loan, nukingthebills, payments, recreating
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