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| What do you mean you have a car loan entered in Bills & Deposits? A car loan in Money is typically a Loan Account, not something you setup as a scheduled bill. In general, a loan account in Money is paid via a "Loan Payment:[name of loan acct]" special category transaction in the Money account making the payment. The Loan Payment has two components: a calculated interest expense component assigned to the category you specified when you created the loan account in Money and a Principal Transfer of the calculated principal amount from the cash account to the liability account. The principal component reduces the balance in the paying cash account and also reduces the liability in the loan account. Your scheduled bill needs to be setup as a Loan Payment. You can go back and recategorize existing payments that may be some expense category like "Automobile:Loan Payment" to the correct Loan Payment:[name of loan account]. "Larry Ewing" <larryewing[at]hotmail.com> wrote in message news:1wL9b.1493$YO5.862285[at]news3.news.adelphia.net... - quote - > I have Money 2003. I have a car loan, which is entered in Bills & Deposits > for automatic entry into my checking account register once a month. How do I > get Money to also update my Car Loan account in the future? (I have already > made 10 car payments...none of them show up in the Car Loan account...how do > I get the past payments in there without duplicating them in my checking > account register?) I seem to be going around in circles. |
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| I have Money 2003. I have a car loan, which is entered in Bills & Deposits for automatic entry into my checking account register once a month. How do I get Money to also update my Car Loan account in the future? (I have already made 10 car payments...none of them show up in the Car Loan account...how do I get the past payments in there without duplicating them in my checking account register?) I seem to be going around in circles. Thanks for any help. |
| Tags |
| accounts, loan, updating |
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