To make my Money paycheck better reflect the printed paycheck stub, I put
the match amount from my employer on the after tax tab as both income
(negative expense, income category) and as a transfer to the cash account.
That tracks the contributions as income, the transfers as deposits, and
keeps the paycheck tab balances right.
--
Chris Cowles
Gainesville, FL

"ameridan" <ameridan[at]discussions.microsoft.com> wrote in message
news:4980340E-0A74-4096-A825-1A067315F367[at]microsoft.com...
- quote -

I too transfer the money to the 401k cash account. Laster when you have info
on the investment data, you can update the investments within the 401k. This
works very nicely for me as well:

Wages tab:
Wages & Salary: Federal Taxable
Wages & Salary: Deferred Pay - 401k
Wages & Salary: Deferred Pay - 401k Over 50
Wages & Salary: Employer Matching
Wages & Salary: Profit Sharing

Deductions Before Taxes tab:
<blank category> Total 401k contributions with the total amount of all the
above amounts going into the 401k account.

This then accounts for all of the cash going into your 401k account from
both your contributions as well as your employers'.


"Mark Horn" wrote:

- quote -

If your question is directed to me, I don't buy the investment within the
paycheck. I do what you describe.

I do schedule a purchase in bills, and Money requires that I enter the qty
and price. I revise the details at the time of purchase. The scheduled bill
is simply a reminder to record it.

Where that works best is my wife's 401k, where I can record the purchase
with the erroneous saved information. When the purchase transaction is
downloaded a few days later, it matches on the date and corrects my entry
when I confirm the match.
--
Chris Cowles
Gainesville, FL


"Mark Horn" <mark[at]hornclan.com> wrote in message
news:slrnejq9dp.qin.mark[at]home.hornclan.com...
- quote -

Is there some reason that you buy the investment directly from the
paycheck? What I typically do in my paychecks is just transfer
the money into the cash portion of the 401k investment account.
That makes the paycheck easy, and I don't have to be clairvoyant.

Of course, I do have to go back into the 401k account when I know get
my 401k statement and manually enter the buy investment transactions
so that I get the correct share count and share price in there.
But this is pretty easy to do after the fact.

Is there some advantage to purchasing directly from the paycheck
that I'm missing?

On 2006-10-22, Chris Cowles <spam_magnet[at]remove-me-bellsouth.net> wrote:
- quote -

Ah, I see. I guess I figured it could get the price when I updated prices
online, but now that I think about it, that doesn't really make sense.

Thanks for clarifying, Chris.

Microsoft guessed wrong on users' clairvoyant abilities. You have to record
the shares purchased in the bill, and update the price and number of shares
every time.

If the timing of the paycheck deposit and share purchase are not exact, I
suggest creating the share purchase as a separate transaction in the
scheduled bills list. It's easier to edit while posting, that way.

You have to edit the price, anyway, no? And how could Money know the price
you paid at investment? Prices vary during the day. You may have paid a
price different than the closing price.

My employer deducts my 403b deposits on the date of my paycheck, but
there's a delay before the broker reports receipt and purchase. I have the
payroll deduction in my paycheck but the investment is a separate
transaction, as I describe above. It works for me.
--
Chris Cowles
Gainesville, FL


"Megan" <Megan[at]discussions.microsoft.com> wrote in message
news:95F2BAB6-5111-4F17-9E44-36D9D73DE8BF[at]microsoft.com...
- quote -

I'm having trouble figuring out how to include my 401k contributions in my
paycheck. Here's what I'm trying to do:

- In "Bills & Deposits," setting up a paycheck.
- Going to "Pre-Tax Deductions."
- Choosing "Buy Investment/CD" from the drop-down box.
- Setting up a separate line for each investment included in my 401k
portfolio.

Here's where I'm confused. Money asks me to specify the number of shares,
the price per share, and the total amount invested. But every week I invest
the same amount. Don't the price and the number of shares vary every
paycheck? I guess that Money can update the share price, but does that mean
I'll have to update the number of shares every time I enter my paycheck?

Thanks for any help. I can't be the only person who's trying to do this, but
I didn't see an easy answer in the help.