How to catogarize credit?

#5 08-01-2007, 12:52 AM

Bob and Ed,
Thank you very much!
Jeff

"Ed Markovich" wrote:

- quote -

> Jeff wrote:
> > Suppose I bought something using my credit and some time later I returned it.
> > The first expense will be catogarized as an expense. How should I catogarize
> > the credit? Thanks!
> As an expense of the same type. Money will complain about a negative
> expense but it's fine

#4 07-31-2007, 11:59 PM

Jeff wrote:
- quote -

> Suppose I bought something using my credit and some time later I returned it.
> The first expense will be catogarized as an expense. How should I catogarize
> the credit? Thanks!

As an expense of the same type. Money will complain about a negative
expense but it's fine

#3 07-29-2007, 02:53 PM

Perfect - many thanks!

#2 07-29-2007, 02:29 PM

See http://umpmfaq.info/faq.html#Q36 for a solution.

--
Regards
Bob Peel,
Microsoft MVP - Money

For UK tips & fixes see
http://support.microsoft.com/default...d=fh;EN-GB;mny.

I do not respond to any emails that I have not specifically asked for.

"Patrick" <vixyswillie[at]hotmail.com> wrote in message
news:1185717482.165719.291870[at]g4g2000hsf.googlegroups.com...
- quote -

> Jeff - thanks for asking this question. I was wondering the same
> thing.

> Bob - a related question for you, if I may. Would I use the same
> procedure for work-related expenses? Meaning, post to the Work
> Expenses account when I purchase them - and to the same account when I
> receive the reimbursement check?
> Thanks!

#1 07-29-2007, 01:58 PM

Jeff - thanks for asking this question. I was wondering the same
thing.

Bob - a related question for you, if I may. Would I use the same
procedure for work-related expenses? Meaning, post to the Work
Expenses account when I purchase them - and to the same account when I
receive the reimbursement check?

Thanks!

07-29-2007, 05:34 AM

Use the same category and ignore the warnings about using a expense category
for a credit.

--
Regards
Bob Peel,
Microsoft MVP - Money

For UK tips & fixes see
http://support.microsoft.com/default...d=fh;EN-GB;mny.

I do not respond to any emails that I have not specifically asked for.

"Jeff" <Jeff[at]discussions.microsoft.com> wrote in message
news:877A9E36-92F3-43B6-8917-1F968F1F13BF[at]microsoft.com...
- quote -

> Suppose I bought something using my credit and some time later I returned
> it.
> The first expense will be catogarized as an expense. How should I
> catogarize
> the credit? Thanks!

#-1 07-29-2007, 03:46 AM

Suppose I bought something using my credit and some time later I returned it.
The first expense will be catogarized as an expense. How should I catogarize
the credit? Thanks!

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