Actually, now that I look again, it's kind of weird that it's including all
of the line items in the Profit/Loss report right now. The invoice, as of
right now, does not have any payments associated with it. I removed those
back out. So my custom report only shows the 2 payments I received for it in
their correct cateogories. The Payment for Invoice is NOT showing up there
right now because there is no payment associated. But those transactions are
still showing up in the built-in profit/loss report. ???

"Steve" wrote:

- quote -

Actually, it's a custom report I created by adding all of my business
categories and accounts. It gives me basically what the Profit/Loss report
gives me, but more detailed and more accurate.

I did that because I simply wasn't getting what I should have been getting
from the Profit/Loss report and I couldn't figure out why back when I first
started all this. I've created a bunch of custom categories similar to the
ones mentioned previously.

Sales Income : eBay
Sales Income : Web Site
Services Income : Web Development
Services Income : FileMaker Development

and many more. All of these categories are included on my custom report,
however, this report doesn't use the categories in the invoice like the built
in reports do.

Right now if I go back into Profit/Loss report and it shows Services Income
: Web Development. If I double click on those to view those payments it's
actually including all of the line items, as you said it would, but then it's
also including those 2 actual payments that I manually entered. So this
report actually acts as though I received all that money twice.

It's probably something like that that had me screwed up in the first place.
These custom categories/reports I've made work great for me and my CPA until
I started doing more service work and using Money invoicing to track the
time/money.

I guess I just need to back up and try and use it how it's suppose to be
used.

"Steve" wrote:

- quote -

=?Utf-8?B?RFJVQW5nZWxs?= <DRUAngell[at]discussions.microsoft.com> wrote on
20 Sep 2007 in group microsoft.public.money:

- quote -

What report are you running? I'll try to duplicate it.

Aside: Money expects you to record all business income through the
invoice system. I'm sure there are workarounds, but you'll have to talk
to your accountant about that. I even keep a running invoice for myself
when I buy personal stuff on my business credit card, then pay it back
to the company every few months.

--
Steve B.
New Life Home Improvement

That's how I was thinking it should work considering you setup services in
the Business portion of Money and assign categories to each service. Then
you add those services as line items onto the invoice. Which is how I've
been doing it.

However, on my reports it's getting included as Payment for Invoice. Look
at the following screen shot: http://www.angelleye.com/temp/MoneyReport.jpg

The 2 payments that are correctly categorized are the manual entires I
included directly in that account register. I then went ahead and used the
Receive payment for invoice option inside the invoice and added that for the
same date of 8/31/07. As you can see it added it under Payment for Invoice
and includes the $600 there. If it worked how we except it to work I should
have 2 duplicate entires for $600 that are both for Services Income : Web
Development, and then I'd delete the one I added myself.

Any ideas why that's happening? I double checked my services in Money and
they're all setup with that category that I want.

"Steve" wrote:

- quote -

=?Utf-8?B?RFJVQW5nZWxs?= <DRUAngell[at]discussions.microsoft.com> wrote on
20 Sep 2007 in group microsoft.public.money:

- quote -

You're most of the way there already.

You don't categorize the payments, you categorize the line items on the
invoice. The invoice line items are what will show up on your reports.

--
Steve B.
New Life Home Improvement

I'm confused about to handle invoices in Money Business. For instance, I
have an invoice right now that I've put together for a web development job
I've done. I've received 2 separate payments on this invoice and it's now
paid in full.

I have a category in Money that these payments should go in, which is
Services Income : Web Development.

The problem I'm having is that back in the invoice is I use the Receive
payment for invoice option it inserts into the account registry as Payment
for Invoice. If I try and change that to actual category that I want I get a
message that it will delete that payment information from the invoice, and it
does exactly that. So then it's marked paid any more.

I don't want a category that's simply called "Payment for Invoice" in my
system. I'm pretty organized with all of that. It could be a web
development invoice, it could be a product sale invoice, etc. I have
different categories for these.

Any information on how to make this work would be greatly appreciated. Is
the idea really that you're just suppose to catalog everything under Payment
for Invoice?