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#4
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| In microsoft.public.money, RCD wrote: - quote - > Does my income from a note have to appear under "EXPENSES: DEBTS" or is there
Try doing a Move of that category to a new one called> a way to get that to appear as "INCOME"? The note appears correctly as an > "Asset" in other reports. Loan Interest Earned, which you set up as INCOME. If you don't like the results, File-> Restore to a backup to undo. When setting up the loan I see that the categories listed are only EXPENSE. However you can type the category in. |
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#3
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| "RCD" <RCD[at]discussions.microsoft.com> wrote in message news:9A2762C5-A2D7-4E18-B5D1-F70B6223E07B[at]microsoft.com... - quote - > Does my income from a note have to appear under "EXPENSES: DEBTS" or
I have no clue. I've never played with loan account for money lent.> is there > a way to get that to appear as "INCOME"? The note appears correctly > as an > "Asset" in other reports. Make a backup, try it out, and report back. |
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#2
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| Does my income from a note have to appear under "EXPENSES: DEBTS" or is there a way to get that to appear as "INCOME"? The note appears correctly as an "Asset" in other reports. "Chris Cowles" wrote: - quote - > "RCD" <RCD[at]discussions.microsoft.com> wrote in message > news:6AA4730E-D122-4FFD-BFA1-AE40C8732049[at]microsoft.com... > > > Is that not possible? > Correct. It is not. > With respect to budget and cash flow, you just have to accept it as > one of those things about Money that doesn't comply with your way of > thinking. The information you'd like is available through the > amortization report and net worth over time. > Because the debt payment is included in the budget and you cannot > change that, take care not to include mortgage interest, or other > expenses like property taxes, paid in that manner, in the budget. > Also, if you recorded escrow payments as transfers to an escrow > account, review the 'transfers out of budget' category to confirm that > you're not double-counting them. If you do track the escrow account, > include it in the budget. That prevents transfers in to it from > appearing in 'transfers out' of checking. > -- > Chris Cowles > Gainesville, FL |
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#1
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| "RCD" <RCD[at]discussions.microsoft.com> wrote in message news:6AA4730E-D122-4FFD-BFA1-AE40C8732049[at]microsoft.com... - quote - > Is that not possible?
Correct. It is not.With respect to budget and cash flow, you just have to accept it as one of those things about Money that doesn't comply with your way of thinking. The information you'd like is available through the amortization report and net worth over time. Because the debt payment is included in the budget and you cannot change that, take care not to include mortgage interest, or other expenses like property taxes, paid in that manner, in the budget. Also, if you recorded escrow payments as transfers to an escrow account, review the 'transfers out of budget' category to confirm that you're not double-counting them. If you do track the escrow account, include it in the budget. That prevents transfers in to it from appearing in 'transfers out' of checking. -- Chris Cowles Gainesville, FL |
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| More about my problem. The "Actual expenses" do show up in a category named "DEBT". I actually have two mortgages to track. One mortgage is related to an investment and I would like to track that separately from my home mortgage. I also have income from a note. That is also a part of the "DEBT" figure rather than appearing as "Income". I think "DEBT" should report the reduction in principal and report the interest portion of my mortgage payment separately. Is that not possible? "RCD" wrote: - quote - > I have a "Bill" setup for mortgage payments. The interest payments show > correctly in my budget when I view "Transactions" for that budget item but > the screen report and the printed report both show no "Actual" expense. > I do have my mortgage setup as an account. > I have other "Bill" expenses that work correctly with my budget. > How can I get the "Transaction" figures to show in the "Budget? |
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#-1
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| I have a "Bill" setup for mortgage payments. The interest payments show correctly in my budget when I view "Transactions" for that budget item but the screen report and the printed report both show no "Actual" expense. I do have my mortgage setup as an account. I have other "Bill" expenses that work correctly with my budget. How can I get the "Transaction" figures to show in the "Budget? |
| Tags |
| budget, int, mortgage, payment |
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