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  #5  
Old 12-18-2006, 11:47 AM
Steve's News
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Posts: n/a
Default Re: MS Money 2006: Can I use an electronic reconciling, if I put in fake expenses?

Instead of fake transactions, why not enter the true amount in the "Bills
Summary" as a planned expense, then use the "account tools> cash flow review"
tool to watch your balance? This tool is helpful in that it shows the actual
transactions in your account, as well as the planned transactions from the
bills summary.






"Rod" <rod[at]no.spam> wrote in message
news:uqnuDTkIHHA.4760[at]TK2MSFTNGP03.phx.gbl...
- quote -

> Thank you for your concern. As I said, it isn't your fault. Perhaps I
> should adopt the idea of deleting the transaction instead of voiding it.
> I tend to void it so that I can look back over the previous weeks to see
> how much I've set aside for various monthly bills, etc.
> Rod
> "Art McClinton" <art.mcclinton[at]cox.net> wrote in message
> news:gSahh.50972$Xj5.5175[at]newsfe18.lga...
> > You have a valid point. I might try this afternoon to check out how
> > Money handles voided entries. I must admit I was thinking that you were
> > deleting the original entry instead of using the void the entry where the
> > entry remained. Sounds like Money is trying to verify that the entry
> > (like a voided check) does not show up from the bank. An if the
> > automatic name changing on entries happens to have this same name then it
> > will attempt to merge all those voided entries.
> > > I sorry for your problem.
> > > Art

>


  #4  
Old 12-18-2006, 12:35 AM
Rod
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Posts: n/a
Default Re: MS Money 2006: Can I use an electronic reconciling, if I put in fake expenses?

Thank you for your concern. As I said, it isn't your fault. Perhaps I
should adopt the idea of deleting the transaction instead of voiding it. I
tend to void it so that I can look back over the previous weeks to see how
much I've set aside for various monthly bills, etc.

Rod


"Art McClinton" <art.mcclinton[at]cox.net> wrote in message
news:gSahh.50972$Xj5.5175[at]newsfe18.lga...
- quote -

> You have a valid point. I might try this afternoon to check out how Money
> handles voided entries. I must admit I was thinking that you were
> deleting the original entry instead of using the void the entry where the
> entry remained. Sounds like Money is trying to verify that the entry
> (like a voided check) does not show up from the bank. An if the automatic
> name changing on entries happens to have this same name then it will
> attempt to merge all those voided entries.
> I sorry for your problem.
> Art



  #3  
Old 12-17-2006, 11:37 AM
Art McClinton
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Posts: n/a
Default Re: MS Money 2006: Can I use an electronic reconciling, if I put in fake expenses?

You have a valid point. I might try this afternoon to check out how Money
handles voided entries. I must admit I was thinking that you were deleting
the original entry instead of using the void the entry where the entry
remained. Sounds like Money is trying to verify that the entry (like a
voided check) does not show up from the bank. An if the automatic name
changing on entries happens to have this same name then it will attempt to
merge all those voided entries.

I sorry for your problem.

Art

"Rod" <rod[at]no.spam> wrote in message
news:eIYBVQWIHHA.1468[at]TK2MSFTNGP04.phx.gbl...
- quote -

> I did exactly, as I understood it, what Art suggested. Although I know it
> is no fault of Art's, and I do not blame him, but this is the worse thing
> that has happened with me and using MS Money in the many years I've used
> it!!! All I can say is:



  #2  
Old 12-16-2006, 09:46 PM
Rod
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Posts: n/a
Default Re: MS Money 2006: Can I use an electronic reconciling, if I put in fake expenses?

I did exactly, as I understood it, what Art suggested. Although I know it
is no fault of Art's, and I do not blame him, but this is the worse thing
that has happened with me and using MS Money in the many years I've used
it!!! All I can say is:


NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER,
NEVER, NEVER, NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER,
NERER,NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NEVER, NERER,NEVER, NEVER,
NEVER, NEVER, NEVER, NEVER, NEVER, NERER

Do that!!!!!!!!!! I downloaded the data from my bank (Wells Fargo) and I
did what I thought MS Money wanted me to do, and that is import it. Now
that damned thing is going through and reconciling ALL OF MY ENTRIES?! As I
wrote earlier when I started this thread, I enter things in a way to
indicate that I've set the money aside to be used later. I do NOT intend to
use it now, just make certain that we do NOT over extend ourselves. But the
important thing is that all of those entries, and there are hundreds of them
in my account in MS Money, are not "real". Using the example I gave
earlier, I will enter $500 into MS Money, called it "Mortgage" and leave it
there until 2 weeks later when I get paid again. Then I will void out that
$500 "Mortgage" item and write one, real check for $1000 to our mortgage
company. Why in heck is this stupid MS Money program reconciling all of
those hundreds of entries over the entire life of my account (which goes
back 20 years)??????? What were those programmers thinking?

I hope that I can recover using the backup I make each month. But this is a
warning to everyone else; learn from the terrible problems I am now having
to face. Do NOT, under any circumstances, use MS Money to import a
statement from Wells Fargo, if you routinely don't do so already and you use
a budgetting scheme like I do. You will only mess yourself up and have a
heck of a lot of work to fix it up later.

Rod

"Rod" <Rod[at]NO.SPAM> wrote in message
news:emWZfcxHHHA.4688[at]TK2MSFTNGP04.phx.gbl...
- quote -

> Thank you, Art.
> Rod
> "Art McClinton" <art.mcclinton[at]cox.net> wrote in message
> news:z6Yeh.5858$Rj.4952[at]newsfe19.lga...
> > It should not stop you from continuing with your practice. The extra
> > $500 will just sit their without a download, just like the check you
> > wrote that did not get cashed for 2 months.
> > > It will not impact the balancing as it will be money not yet recorded at

> > the bank.
> > > "Rod" <rod[at]no.spam> wrote in message

> > news:uFpFGXBHHHA.3780[at]TK2MSFTNGP02.phx.gbl...
> > > In order to help us budget, I will record "expenses" in MS Money, which
> > > really are not expenses. For example, if our mortgage payment is $1000,
> > > and I get paid every other week, I will record $500 in Money for my
> > > first pay check, for the mortgage payment, and then do that again for
> > > the second pay check in the month. Then I'll write a check to the
> > > mortgage company for $1000 and void the two $500 payments that I entered
> > > previously in MS Money. I have checked with other people who use MS
> > > Money, including people who work at my bank, and they do the same thing.
> > > It is a way of making certain that you don't spend the money you'll need
> > > for expenses that are coming down the road. (I am sure there are better
> > > ways of doing this, but this is what we've come up with.)
> > > > > Anyway, I have always assumed that doing it this way would prevent me
> > > from being able to use a downloaded file from my bank, which they can
> > > provide, which I could import into MS Money and have it doing the
> > > balancing, etc. Am I correct about this, or is it possible for me to
> > > import a statement from my bank and have MS Money doing the balancing,
> > > even though I have these fake expenses, for budgetting?
> > > > > Rod
> > > > > >


  #1  
Old 12-13-2006, 11:31 PM
Rod
Guest
 
Posts: n/a
Default Re: MS Money 2006: Can I use an electronic reconciling, if I put in fake expenses?

Thank you, Art.

Rod


"Art McClinton" <art.mcclinton[at]cox.net> wrote in message
news:z6Yeh.5858$Rj.4952[at]newsfe19.lga...
- quote -

> It should not stop you from continuing with your practice. The extra $500
> will just sit their without a download, just like the check you wrote that
> did not get cashed for 2 months.
> It will not impact the balancing as it will be money not yet recorded at
> the bank.
> "Rod" <rod[at]no.spam> wrote in message
> news:uFpFGXBHHHA.3780[at]TK2MSFTNGP02.phx.gbl...
> > In order to help us budget, I will record "expenses" in MS Money, which
> > really are not expenses. For example, if our mortgage payment is $1000,
> > and I get paid every other week, I will record $500 in Money for my first
> > pay check, for the mortgage payment, and then do that again for the
> > second pay check in the month. Then I'll write a check to the mortgage
> > company for $1000 and void the two $500 payments that I entered
> > previously in MS Money. I have checked with other people who use MS
> > Money, including people who work at my bank, and they do the same thing.
> > It is a way of making certain that you don't spend the money you'll need
> > for expenses that are coming down the road. (I am sure there are better
> > ways of doing this, but this is what we've come up with.)
> > > Anyway, I have always assumed that doing it this way would prevent me

> > from being able to use a downloaded file from my bank, which they can
> > provide, which I could import into MS Money and have it doing the
> > balancing, etc. Am I correct about this, or is it possible for me to
> > import a statement from my bank and have MS Money doing the balancing,
> > even though I have these fake expenses, for budgetting?
> > > Rod

> >


 
Old 12-10-2006, 05:12 PM
Art McClinton
Guest
 
Posts: n/a
Default Re: MS Money 2006: Can I use an electronic reconciling, if I put in fake expenses?

It should not stop you from continuing with your practice. The extra $500
will just sit their without a download, just like the check you wrote that
did not get cashed for 2 months.

It will not impact the balancing as it will be money not yet recorded at the
bank.

"Rod" <rod[at]no.spam> wrote in message
news:uFpFGXBHHHA.3780[at]TK2MSFTNGP02.phx.gbl...
- quote -

> In order to help us budget, I will record "expenses" in MS Money, which
> really are not expenses. For example, if our mortgage payment is $1000,
> and I get paid every other week, I will record $500 in Money for my first
> pay check, for the mortgage payment, and then do that again for the second
> pay check in the month. Then I'll write a check to the mortgage company
> for $1000 and void the two $500 payments that I entered previously in MS
> Money. I have checked with other people who use MS Money, including people
> who work at my bank, and they do the same thing. It is a way of making
> certain that you don't spend the money you'll need for expenses that are
> coming down the road. (I am sure there are better ways of doing this, but
> this is what we've come up with.)
> Anyway, I have always assumed that doing it this way would prevent me from
> being able to use a downloaded file from my bank, which they can provide,
> which I could import into MS Money and have it doing the balancing, etc.
> Am I correct about this, or is it possible for me to import a statement
> from my bank and have MS Money doing the balancing, even though I have
> these fake expenses, for budgetting?
> Rod



  #-1  
Old 12-10-2006, 03:43 AM
Rod
Guest
 
Posts: n/a
Default MS Money 2006: Can I use an electronic reconciling, if I put in fake expenses?

In order to help us budget, I will record "expenses" in MS Money, which
really are not expenses. For example, if our mortgage payment is $1000, and
I get paid every other week, I will record $500 in Money for my first pay
check, for the mortgage payment, and then do that again for the second pay
check in the month. Then I'll write a check to the mortgage company for
$1000 and void the two $500 payments that I entered previously in MS Money.
I have checked with other people who use MS Money, including people who work
at my bank, and they do the same thing. It is a way of making certain that
you don't spend the money you'll need for expenses that are coming down the
road. (I am sure there are better ways of doing this, but this is what
we've come up with.)

Anyway, I have always assumed that doing it this way would prevent me from
being able to use a downloaded file from my bank, which they can provide,
which I could import into MS Money and have it doing the balancing, etc. Am
I correct about this, or is it possible for me to import a statement from my
bank and have MS Money doing the balancing, even though I have these fake
expenses, for budgetting?

Rod


 

Tags
2006, electronic, expenses, fake, money, put, reconciling
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