How to record Fed & St Paycheck Deductions

#2 11-28-2006, 02:05 AM

You can do that retroactively on existing paychecks. Right-click, Edit,
change category to 'Paycheck'. You know the rest. Just be careful not to
change the net amount or you'll mess up your checking account.

It being late in the year, I'd question the value of retroactively editing
a year's worth of paychecks. Your tax return has to match your W-2, no
matter how much effort you put into getting Money historically accurate.
Better to get your budget and cash flow set up for the coming year.

Your decisions may differ from what I would do.
--
Chris Cowles
Gainesville, FL

"Scott McNabb" <ScottMcNabb[at]discussions.microsoft.com> wrote in message
news:E036CD6D-9A84-4520-8C87-6DA539394051[at]microsoft.com...
- quote -

> I had to wait until my next paycheck was deposited before I could try it
> out.
> It worked.
> Thank you very much
> Scott McNabb

#1 11-28-2006, 01:29 AM

I had to wait until my next paycheck was deposited before I could try it out.
It worked.

Thank you very much
Scott McNabb

"Chris Cowles" wrote:

- quote -

> Search help for 'paycheck'. Click the link to 'Edit a net paycheck to
> reflect deductions'.
> "Scott McNabb" <Scott McNabb[at]discussions.microsoft.com> wrote in message
> news:3A181350-5052-4FEA-8B69-063E2C86E2B5[at]microsoft.com...
> > I would like to keep track of my Federal and State Paycheck deductions and
> > be
> > able to draw up reports on them through money. However I have my paycheck
> > direct deposited so only the net is ever deposited in my checking
> > account. I
> > use direct update to input my net paycheck into Money. Since my Federal
> > and
> > State Paycheck deductions are never entered into Money I cannot
> > categorize
> > them.
> > > How do I input my Federal and State paycheck deductions into Money 2006?

11-26-2006, 01:58 AM

Search help for 'paycheck'. Click the link to 'Edit a net paycheck to
reflect deductions'.

"Scott McNabb" <Scott McNabb[at]discussions.microsoft.com> wrote in message
news:3A181350-5052-4FEA-8B69-063E2C86E2B5[at]microsoft.com...
- quote -

> I would like to keep track of my Federal and State Paycheck deductions and
> be
> able to draw up reports on them through money. However I have my paycheck
> direct deposited so only the net is ever deposited in my checking
> account. I
> use direct update to input my net paycheck into Money. Since my Federal
> and
> State Paycheck deductions are never entered into Money I cannot
> categorize
> them.
> How do I input my Federal and State paycheck deductions into Money 2006?

#-1 11-26-2006, 01:47 AM

I would like to keep track of my Federal and State Paycheck deductions and be
able to draw up reports on them through money. However I have my paycheck
direct deposited so only the net is ever deposited in my checking account. I
use direct update to input my net paycheck into Money. Since my Federal and
State Paycheck deductions are never entered into Money I cannot categorize
them.

How do I input my Federal and State paycheck deductions into Money 2006?

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