TRB

I should have added that after I entered the paycheck info and posted it. I
then EXITED money and then opened money again. Then the loan never reverted
to paycheck. Unless I forgot to exit money after posting paycheck. Sinve
I'm paid every other week now is happens only a few times a year. I just
now pay close attention wheneveer I submit ANY loan payment immediately
after posting paycheck.


"TRB" <TRB[at]discussions.microsoft.com> wrote in message
news:F642DAF2-7AC1-44FA-9CD1-ECAA34A98161[at]microsoft.com...
- quote -

Should have added that I'm still having the same issue. Sorry for the
confusion.

TRB

"TRB" wrote:

- quote -

Thanks Lou, I did notice that it said "paycheck" and deleted the original
"bill summary" entry, (reminder??), and recreated it. Now my category
correctly states "Loan Payment: Home Mortgage".

I also forgot to include that I'm using Microsoft Money Plus Deluxe Version
17.0.120.1415.

TRB


"Lou" wrote:

- quote -

I was having a similar issue a while back and I think I figured it out and
avoid the situation that caused it. This may not be your situation, but
mine was more prevelant when I was paid on the 15th and last day of the
month.

What was occuring I would update my last day of month paycheck (a scheduled
deposit), then post it to my checking account. IMMEDIATELY would then submit
my Mortgage payment (due the next day, as most are). When I went to Mortgage
account it tuned out that ALL P&I went to principle only. After
experiencing this for a while I finally noticed that the Mortgage payment in
the Category box indicated PAYCHECK instead of LOAN PAYMENT:MORTGAGE if I
had just posted my paycheck earlier.
"TRB" <TRB[at]discussions.microsoft.com> wrote in message
news:E1AA93A6-944D-4680-AFBC-CC2C73B3AB88[at]microsoft.com...
- quote -

Ok, long time user of M.M., (to imply my compentency level.)

Entered all necessary data into my "home mortgage" loan page, included all
necessary information, (see example below).

Created a "bill" in the "bills summary" section. Seems to work ok, with the
exception that it calculates the principal in excess of $500.

i.e.,. Principal + interest = $608
Additional (escrow) = $240
Total payment = $848

The amortization schedule calculates correctly.

Go into Bills Summary and created the bill properly.

When I try to add transaction, (make payment), total is correct on "amount"
of $848. But get "sum of splits does not match....." if I click on "split"
to see / edit the amounts, I get:

Principal = $750, Interest = $385( correct), Transfer to Escrrow =
$240(correct).

THIS IS WHERE MY PRINCIPAL should BE $223! WHY is it adding roughly $500
to the principal at this level?

I DO understand that it is suppose to autocalc, and it does for the
amortization schedule, but autocalc for "Bills Summary" is whacked, or I'm
overlooking something?

ANY suggestions?

TRB