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Old 11-12-2007, 03:43 AM
Chris Cowles
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Default Re: Car loan = downpayment and monthly payments in essential bidget

"Bob" <Bob[at]discussions.microsoft.com> wrote in message
news:35F8912D-69CE-4EC2-B8BF-29D54725ECDD[at]microsoft.com...
- quote -

> but I can't make this categgory appear in Essential budget...
> what have I missed??


What you've missed is the frequent recommendations on this forum to
ditch Essentials in favor of Deluxe. I doubt Essentials will do what
you hope.
--
Chris Cowles
Gainesville, FL


  #-1  
Old 11-11-2007, 09:04 PM
Bob
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Default Car loan = downpayment and monthly payments in essential bidget

car purchase price $18,000
downpayment = $2,000
Car loan $16,000
Essential budget
Car asset account "Chevy" set up ok
car loan citibank setup ok

1) what is correct category for check issued for downpayment? At present I
have it as Transfer: Chevy, but on the Chevy account setttings I have to
indicate purchase price as $16,000 (not the $18,000 it cost). Is that correct
or should I indicate some other category for the downpayment?

2) Citibank loan setup ok, and each payment show up as category "Loan
Payment : Chevy car loan", but I can't make this categgory appear in
Essential budget so each payment is considered in my monthly budget.

what have I missed??
TIA
 

Tags
bidget, car, downpayment, essential, loan, monthly, payments
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