It's not clear what part of this activity you want to record in your
checkbook ledger. The receipt/deposit of the loan proceeds? Paying it back?
The fact that it is now a liability? A place to keep track of its balance
due as you pay it back?

If all you want to record is receipt of the proceeds, just enter a deposit,
Payee is name of the bank, put a memo in explaining what you are doing. Some
people leave the category unassigned; others use something like Other Income
: Loan Proceeds Received. This depends a lot on answers to the above
questions--but there is no easy way besides just depositing it as some kind
of income. Don't use a category set to report on tax forms.

Also, to give you the best answers: Is this loan fixed terms/payment or is
it like a line of credit or similar? You say Money Plus for 2008--we are
talking Money Plus Deluxe?

"Rod" <rod[at]no.spam> wrote in message
news:OHGI9nkUIHA.476[at]TK2MSFTNGP03.phx.gbl...
- quote -

This is a very simple question. I've got Microsoft Money Plus for 2008. I
have gotten a new loan and it was deposited into my checking account. The
loan is from the same bank as my checking account. How do I record that in
MS Money? Do I just put in my bank's name, or what? I know this question
is very simplistic, but what I'm concerned about is not confusing myself, at
least, with what I see in MS Money when I review the ledger there.

Rod