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| Yes. Lot's of us can tell you many ways to accomplish all of these things. Let's take them one at a time. For refunds like taking a rake you decide you don't want after all back to WalMart, many of us treat this by putting in a "credit" transaction against the same expense category used to make the purchase in the first place. Depending on the settings, Money will complain that you are saving an Income entry in an Expense transaction. You can tell it you know and really do want to do this. See http://umpmfaq.info/faqdb.php?q=179. Employer Reimbursements may be a little more complicated depending on your tax treatment and there are many ways to go, including the above. See http://umpmfaq.info/faqdb.php?q=36. Income Tax refunds are yet another variant that can be treated many ways. And one thing is for sure: the refund is Income just like the withholding in the first place was an Expense. See http://umpmfaq.info/faqdb.php?q=102. By the way, how did you search? This comes up often. I'd recommend doing an advanced search of newsgroup "microsoft.public.money" at http://groups.google.com. If you searched in Microsoft's newsgroup interface, it's lame because it doesn't have nearly the depth of history to search as http://groups.google.com does. It also doesn't seem to search what it does have as well when I try it. Can't say why. In particular, the Tax Refund question comes up quite nicely when I search: http://groups.google.com/groups/sear...money&safe=off. "Heather" <Heather[at]discussions.microsoft.com> wrote in message news:B0E77E00-7283-49B7-90D1-EE34B93D31E7[at]microsoft.com... - quote - > Did a search in this arena, did not find answer. > WinXP, still using Money2005. > How do I enter a refund (like a tax refund) or employer reimbursement > without categorizing it as income? As I paid tax on it in the first > place, > it hardly seems fair that Money would count it as income a second time. > And > it isn't an expense of any kind, it's a deposit. > Can anyone tell me how to accomplish it? |
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| Did a search in this arena, did not find answer. WinXP, still using Money2005. How do I enter a refund (like a tax refund) or employer reimbursement without categorizing it as income? As I paid tax on it in the first place, it hardly seems fair that Money would count it as income a second time. And it isn't an expense of any kind, it's a deposit. Can anyone tell me how to accomplish it? Thanks Heather |
| Tags |
| enter, refund |
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