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Old 08-02-2007, 07:12 PM
Mark Fields
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Default Re: Splitting a Paycheck Between Two Accounts


"Mike" <Mike[at]discussions.microsoft.com> wrote in message
news:A0D257B0-97A2-4702-86F2-F6074D1BEF79[at]microsoft.com...
- quote -

> Is there a way to split a paycheck in Money 2007 between two Bank
> Accounts?


I believe this can be done with most or all versions of Money. Assuming for
example you have two accounts one named Checking 1 and the other Checking 2:

Enter the transaction while in Checking 1 accounts, then when in the
category field make a split transaction (e.g. use the Control-S keystroke).
In the window for entering the splits, under the category use the "Transfer
To: Checking 2" and enter this as a negative amount. Use either the minus
sign or else enclose the amount in parenthesis. Then continue to add any
other categories if needed.

What you are asking is commonly done to show the transfers for a paycheck
that would be split to perhaps a Checking account, a savings account and a
401K account.

Mark


  #1  
Old 08-02-2007, 07:10 PM
Mike
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Default Re: Splitting a Paycheck Between Two Accounts

Hey, thanks. I knew there was a simple answer. Just couldn't find it.

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, Mike wrote:
> > Is there a way to split a paycheck in Money 2007 between two Bank Accounts?

> It depends on what you mean. If you are asking if you can enter part
> of the money into one account and part into another, yes. You can
> include a Transfer to the other account in itemizing the pieces of
> the Paycheck.
> If you mean can you have Money calculate that 50% of the proceeds
> automatically goes into the other account, no.

 
Old 08-02-2007, 06:57 PM
Cal Learner-- MVP
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Default Re: Splitting a Paycheck Between Two Accounts

In microsoft.public.money, Mike wrote:

- quote -

> Is there a way to split a paycheck in Money 2007 between two Bank Accounts?

It depends on what you mean. If you are asking if you can enter part
of the money into one account and part into another, yes. You can
include a Transfer to the other account in itemizing the pieces of
the Paycheck.

If you mean can you have Money calculate that 50% of the proceeds
automatically goes into the other account, no.
  #-1  
Old 08-02-2007, 06:38 PM
Mike
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Default Splitting a Paycheck Between Two Accounts

Is there a way to split a paycheck in Money 2007 between two Bank Accounts?
 

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accounts, paycheck, splitting
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