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| =?Utf-8?B?QlBPQ08=?= <BPOCO[at]discussions.microsoft.com> wrote on 27 Feb 2008 in group microsoft.public.money: - quote - > Is it possible to create ..... what I call ..... "Sub-accounts".
Short answer: No> This is best explained by an example. I have a certain percentage > of my check direct deposited into my savings account. The amount I > deposit each paycheck is meant to cover different expense categories > I incur over the year (e.g. car insurance bill, home insurance bill, > home repair, etc). I budget a certain amount each year for each of > these items. > Today, I just see a single lump sum in my savings account. I'd like > to be able to easily determine in Money, what % of my savings is > currently available to ... say .... my home repairs. > I could create separate accounts for each expense category - and know > that the sum of those accounts equals my savings account - but, this > prevents me from automatically resolving my savings balance with > downloads from my bank. > Is there a way Money can treat multiple accounts as the SAME account > and include them together when resolving the balance against a > downloaded statement from the bank? Longer answer: Set up a workaround with a split deposit transaction and appropriate Class or Classification entries. Create custom reports based on the Class or Classification entries. Best answer: Look at the budgeting features. They're not perfect, but once you learn to use them, they'll meet this need. -- Steve B. New Life Home Improvement |
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| Is it possible to create ..... what I call ..... "Sub-accounts". This is best explained by an example. I have a certain percentage of my check direct deposited into my savings account. The amount I deposit each paycheck is meant to cover different expense categories I incur over the year (e.g. car insurance bill, home insurance bill, home repair, etc). I budget a certain amount each year for each of these items. Today, I just see a single lump sum in my savings account. I'd like to be able to easily determine in Money, what % of my savings is currently available to ... say .... my home repairs. I could create separate accounts for each expense category - and know that the sum of those accounts equals my savings account - but, this prevents me from automatically resolving my savings balance with downloads from my bank. Is there a way Money can treat multiple accounts as the SAME account and include them together when resolving the balance against a downloaded statement from the bank? BPOCO |
| Tags |
| accounts, creating |
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