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  #3  
Old 11-03-2007, 08:57 PM
Chris Cowles
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Default Re: How to setup vehicle lease account

"Pieter" <alias[at]newsgroup.nospam> wrote in message
news:675E0A15-53B4-43BA-B55A-D66444C92E6F[at]microsoft.com...
- quote -

> Thanks.

As there is a sustained obligation and, possibly, the terminal payment
is different than the others, consider making it a scheduled bill with
finite term. If the terminal payment is different, you can either
create that separately or edit a single payment in the schedule.

In my experience it's easier to make the series duration short by 1,
then schedule a separate one-time payment as the terminal payment.
That's because, should you want to edit the scheduled series for some
reason, it complains that individual payments are already edited. Any
edits must apply globally to all, or you have to apply them to every
single instance. If you apply it globally, it over-writes your
terminal payment.
--
Chris Cowles
Gainesville, FL


  #2  
Old 11-03-2007, 05:16 AM
Pieter
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Default Re: How to setup vehicle lease account

Thanks.

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:hb71i3d4hv9shhfhp5kpekekfv68nfdci2[at]4ax.com...
- quote -

> In microsoft.public.money, Pieter wrote:
> > For my other car I have a regular loan and a loan account and an
> > associated
> > asset count.
> > > Since there is no direct interest rate, and the payments do not really go

> > towards buying an asset, I am uncertain how to setup a vehicle lease
> > acount.
> > > How do I configure a lease account for my new car?

> The easy way, and probably as accurate as any, would be to enter the
> payments as expenses.


  #1  
Old 10-25-2007, 01:44 PM
Cal Learner-- MVP
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Posts: n/a
Default Re: How to setup vehicle lease account

In microsoft.public.money, Pieter wrote:

- quote -

> For my other car I have a regular loan and a loan account and an associated
> asset count.
> Since there is no direct interest rate, and the payments do not really go
> towards buying an asset, I am uncertain how to setup a vehicle lease acount.
> How do I configure a lease account for my new car?


The easy way, and probably as accurate as any, would be to enter the
payments as expenses.
 
Old 10-25-2007, 12:24 PM
Dick Watson
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Default Re: How to setup vehicle lease account

It's just a straight Bill or maybe a Liability account.

"Pieter" <alias[at]newsgroup.nospam> wrote in message
news:FFA4DE21-3FD4-4761-A7C8-91A3A0E62E81[at]microsoft.com...
- quote -

> How do I configure a lease account for my new car?


  #-1  
Old 10-25-2007, 05:47 AM
Pieter
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Posts: n/a
Default How to setup vehicle lease account

For my other car I have a regular loan and a loan account and an associated
asset count.

Since there is no direct interest rate, and the payments do not really go
towards buying an asset, I am uncertain how to setup a vehicle lease acount.

How do I configure a lease account for my new car?

Regards
P.

 

Tags
account, lease, setup, vehicle
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