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#8
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| First of all, please disregard the misinformation in my last message. Overenthusiasm... On May 8, 7:28 pm, "Dick Watson" <littlegreenge...[at]mind-enufalready- spring.com> wrote: - quote - > Maybe I'm missing something. It seems entirely obvious that you WANT to do
Which is what I did to my GREAT satisfaction.> exactly what many of us do but don't want to make just a minor few extra > transactions. > Many of us create an account JUST for these kinds of transactions. - quote - > Apparently you want to track these kind of cash transactions but don't want
I am doing exactly as suggested here regarding a cash account. No> to do what is it exactly? problem. T. |
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#7
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| Maybe I'm missing something. It seems entirely obvious that you WANT to do exactly what many of us do but don't want to make just a minor few extra transactions. Many of us create an account JUST for these kinds of transactions. Mine is called Pocket Change. I enter and categorize transactions--to, say, keep track of how much I spend on groceries. When we get cash--from an ATM or cashing a check or whatever--we Transfer this money into this Money account. Apparently you want to track these kind of cash transactions but don't want to do what is it exactly? Perhaps you are using Money Essentials? (MEss to some of us.) Perhaps you are used to Essential Register? Perhaps your usage model for Money is entirely centered on accounts setup and enabled for downloaded account data? If any of these are true, you need to know that real editions of Money with the real (i.e., "Advanced") register model permit any account to be created entirely without downloaded transaction data and manipulated to do exactly what it seems you are interested in doing. Indeed, before Money went off on this downloaded transaction data jag, that was THE ONLY usage model it supported. "tony" <tony[at]well.com> wrote in message news:a40f814e-27c9-472b-a89e-a66a0f942108[at]y22g2000prd.googlegroups.com... - quote - > [i]n the > case I posted, I'm not concerned with how much I'm absolutely worth, > but with how to keep track of out-of pocket expenses (like cash > transactions at the grocery store when I do not want to put a small > purchase on a charge card, but I nevertheless want to keep track of > how much I spend on groceries). |
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#6
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| On May 8, 6:39 pm, reef150 <reef...[at]discussions.microsoft.com> wrote: - quote - > Why not create a "Cash" account, and then enter transactions there - when you
At Andy's suggestion, I did just that and it works. Transactions in> get cash from the ATM or otherwise you can record it as a transfer to the > Cash account, or just record it in the checking (or savings) account as 'Cash > Withdrawal; the cash account can be categorized and do appear in reports. While discussing this question, it occurred to me that it would be useful is to have a marker for handling this problem. Sure enough, I poked around, to discover that the "void" function (right click on transaction, mark as void) does exactly what I want in the most straightforward manner. Thank you one and all for your attention and helpful indications. T. |
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#5
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| Why not create a "Cash" account, and then enter transactions there - when you get cash from the ATM or otherwise you can record it as a transfer to the Cash account, or just record it in the checking (or savings) account as 'Cash Withdrawal; This will let you track things in categories, or not - your choice then..... and keeps the detail out of your checking account if that's what you want. "tony" wrote: - quote - > On May 8, 11:35 am, Dick Watson <littlegreenge...[at]mind-enufalready- > spring.com> wrote: > > A Category (classification is a different thing entirely) that is neither > > income nor expense is not really a category. > And there's the rub.. > > There are some. They all are more or less forms of "transfer". > What I was looking for is not a transfer. > > I'm assuming that this spending you are asking about involves real money you > > had but don't have anymore. That makes it an expense. Spending it makes you > > poorer. > That is absolutely true in absolute accounting terms. However, in the > case I posted, I'm not concerned with how much I'm absolutely worth, > but with how to keep track of out-of pocket expenses (like cash > transactions at the grocery store when I do not want to put a small > purchase on a charge card, but I nevertheless want to keep track of > how much I spend on groceries). > T. |
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#4
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| On May 8, 11:35 am, Dick Watson <littlegreenge...[at]mind-enufalready- spring.com> wrote: - quote - > A Category (classification is a different thing entirely) that is neither
And there's the rub..> income nor expense is not really a category. - quote - > There are some. They all are more or less forms of "transfer".
What I was looking for is not a transfer.- quote - > I'm assuming that this spending you are asking about involves real money you
That is absolutely true in absolute accounting terms. However, in the> had but don't have anymore. That makes it an expense. Spending it makes you > poorer. case I posted, I'm not concerned with how much I'm absolutely worth, but with how to keep track of out-of pocket expenses (like cash transactions at the grocery store when I do not want to put a small purchase on a charge card, but I nevertheless want to keep track of how much I spend on groceries). T. |
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#3
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| A Category (classification is a different thing entirely) that is neither income nor expense is not really a category. There are some. Loan Payment, Paycheck, Transfer, and Credit Card Payment all are what are called by Money "Special Categories". They all are more or less forms of "transfer". A Transfer is a transaction for moving money from one account in Money to another. For instance, a payment to your credit card account coming from your checking account. I'm assuming that this spending you are asking about involves real money you had but don't have anymore. That makes it an expense. Spending it makes you poorer. If you are asking about the case of a cash withdrawal, there are several ways people handle these. See http://umpmfaq.info/faqdb.php?q=93 for some ideas. If you are asking about the case where you got money from a friend for something and promptly spent it--say "here's $10, go get me a Starbucks, will you?"--then Cal's suggestion of a split that has $10 coming in and $10 going out for a net of $0 is another way. Post more details of what you are trying to accomplish if this doesn't get you off on a useful track. "tony" wrote: - quote - > On May 8, 6:41 am, Andy <andylloy...[at]gmail.com> wrote: > I was hoping to discover a neutral classification (neither income nor > expense), but could find nothing like that in Help (and for good > reason...). > Certainly a work-around solution. Thank you, |
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#2
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| In microsoft.public.money, tony wrote: - quote - > Is it possible to enter out-of-pocket cash transactions in a checking
You could enter a Split transaction with a total of zero.> or credit card account without affecting the account balance while > showing them in category reports? |
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#1
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| On May 8, 6:41 am, Andy <andylloy...[at]gmail.com> wrote: - quote - > Anything that you enter in your Checking or Credit Card account
I was hoping to discover a neutral classification (neither income nor> register will affect your account balance. expense), but could find nothing like that in Help (and for good reason...). - quote - > If you only want these
Certainly a work-around solution. Thank you,> transactions for reporting purposes you could create a cash account T. |
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| On May 8, 10:21*am, tony <t...[at]well.com> wrote: - quote - > Is it possible to enter out-of-pocket cash transactions in a checking
Anything that you enter in your Checking or Credit Card account> or credit card account without affecting the account balance while > showing them in category reports? > T. register will affect your account balance. If you only want these transactions for reporting purposes you could create a cash account in money and add your cash transactions here and categorize them. This way not affecting your actual checking account or credit card account balances. But can see them in the reports portion. |
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#-1
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| Is it possible to enter out-of-pocket cash transactions in a checking or credit card account without affecting the account balance while showing them in category reports? T. |
| Tags |
| account, cash, checking, transactions |
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