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  #6  
Old 10-17-2008, 12:21 PM
Dick Watson
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Default Re: Deposit two checks, one is paycheck?

For those who are using downloaded transactions in lieu of balancing to
statements, this is probably significant.

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:dd5gf497v5b73fuqpsfnrrhftv33bhq2i7[at]4ax.com...
- quote -

> In microsoft.public.money, Dick Watson wrote:
> > Is there a functional advantage to this way over the other?

> Same result, but I guess with the matching, there is a check that
> the matched pieces sum up to the downloaded amount,



  #5  
Old 10-17-2008, 04:36 AM
Cal Learner-- MVP
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Default Re: Deposit two checks, one is paycheck?

In microsoft.public.money, Dick Watson wrote:

- quote -

> Is there a functional advantage to this way over the other?

Same result, but I guess with the matching, there is a check that
the matched pieces sum up to the downloaded amount,

- quote -

> "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
> news:mieff4dt6ululhk16ftd10ucka0mrq5l1t[at]4ax.com...
> > You have probably already voided (or deleted) the downloaded
> > combined transaction by now and just gone with the two
> > manually-entered transactions. This technique described here should
> > work for the future.

  #4  
Old 10-17-2008, 04:20 AM
Dick Watson
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Posts: n/a
Default Re: Deposit two checks, one is paycheck?

Is there a functional advantage to this way over the other?

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:mieff4dt6ululhk16ftd10ucka0mrq5l1t[at]4ax.com...

- quote -

> You have probably already voided (or deleted) the downloaded
> combined transaction by now and just gone with the two
> manually-entered transactions. This technique described here should
> work for the future.


  #3  
Old 10-16-2008, 10:08 PM
Cal Learner-- MVP
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Posts: n/a
Default Re: Deposit two checks, one is paycheck?

In microsoft.public.money, Michael wrote:

- quote -

> My wife deposits two checks and one is her paycheck. The bank sends Money one
> transaction. I cannot seem to SPLIT the amount between PAYCHECK and OTHER
> INCOME. Microsoft Money Plus Version 17.0



Here is how you can match a downloaded deposit to more than one
transaction that you have entered into your register, even if one is
a Paycheck:

First, you have to be using an Advanced Register and you have to
make sure that you get the downloaded combined transaction shows up
as one of the TransactionsToRead. It will show up in the register
as BOLD. This will not work if you are using Money Essentials, if
the account is using the Essentials register, if you have selected
to have downloads automatically accepted, or if you have already
gone through and accepted the deposit.

Have the two separate deposits entered manually in the register.
Now highlight the bank deposit, which is really the sum of the
others, and click ChangE. Select the lower radio button which
allows you to manually match the download to the items in the
register. Select *both* of the manual deposits. There will be a
summary that appears once you have selected a second item, showing
how many manual transactions you are matching, what the sum of the
matched items equals, how much of the download amount is still
unaccounted for, and what the final sum should be.

When you click done, both the manual entries are now bolded, and
when you accept one, the other is automatically accepted. You may
see a warning - which is just a notice telling you that accepting
any one of the matches will actually do an accept on all the
matches at the same time. The one download is correctly associated
with both entries in the register, and it will act as if the bank
had really downloaded each one separately. This works best if the
bank is using OFX - you need to re-do the multiple match if you
download using QIF and include the same transaction in the next
download.

The same ability to match multiple register entries also works for
multiple withdrawals, or even a combination of withdrawals and
deposits. This is something that Money can do directly.

You have probably already voided (or deleted) the downloaded
combined transaction by now and just gone with the two
manually-entered transactions. This technique described here should
work for the future.
  #2  
Old 10-16-2008, 12:37 AM
Michael
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Posts: n/a
Default Re: Deposit two checks, one is paycheck?

Thank you both

"Art McClinton" wrote:

- quote -

> Dick is correct. I have the same thing when I would deposit the monthly
> check received on a load (also a split). The only other methods I have seen
> are:
> 1) at the bank make several deposits
> 2) manually enter the deposits into a temporary (Cash Account) and then
> transfer the total amount to the checking account.
> "Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
> message news:7B78F9F0-23C1-4B03-A3D1-CD0B105609EA[at]microsoft.com...
> > This is a problem that stems directly from depending on downloaded
> > transaction data.
> > > It stems from two things:
> > > 1) Money cannot "split" a split and the Paycheck is already a split.
> > > and 2) Money's model is fundamentally that a transaction has one Payee and

> > a
> > whole bunch of items on one deposit at the bank is still a whole bunch of
> > Payees. Hence, Money treats it best as a whole bunch of transactions.
> > > My recommendation is to put the Paycheck in by hand and put the other

> > deposit in by hand and, when the downloaded transaction gets there, void
> > it.
> > Others who spend a lot of effort trying to make downloaded transaction
> > data
> > jam into Money may have alternate recommendations. I just skip the
> > downloaded
> > transaction data at the get go and avoid all of these issues.
> > > "Michael" wrote:
> > > > My wife deposits two checks and one is her paycheck. The bank sends Money
> > > one
> > > transaction. I cannot seem to SPLIT the amount between PAYCHECK and OTHER
> > > INCOME. Microsoft Money Plus Version 17.0

  #1  
Old 10-13-2008, 09:25 PM
Art McClinton
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Posts: n/a
Default Re: Deposit two checks, one is paycheck?

Dick is correct. I have the same thing when I would deposit the monthly
check received on a load (also a split). The only other methods I have seen
are:
1) at the bank make several deposits
2) manually enter the deposits into a temporary (Cash Account) and then
transfer the total amount to the checking account.

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:7B78F9F0-23C1-4B03-A3D1-CD0B105609EA[at]microsoft.com...
- quote -

> This is a problem that stems directly from depending on downloaded
> transaction data.
> It stems from two things:
> 1) Money cannot "split" a split and the Paycheck is already a split.
> and 2) Money's model is fundamentally that a transaction has one Payee and
> a
> whole bunch of items on one deposit at the bank is still a whole bunch of
> Payees. Hence, Money treats it best as a whole bunch of transactions.
> My recommendation is to put the Paycheck in by hand and put the other
> deposit in by hand and, when the downloaded transaction gets there, void
> it.
> Others who spend a lot of effort trying to make downloaded transaction
> data
> jam into Money may have alternate recommendations. I just skip the
> downloaded
> transaction data at the get go and avoid all of these issues.
> "Michael" wrote:
> > My wife deposits two checks and one is her paycheck. The bank sends Money
> > one
> > transaction. I cannot seem to SPLIT the amount between PAYCHECK and OTHER
> > INCOME. Microsoft Money Plus Version 17.0



 
Old 10-13-2008, 05:19 PM
Dick Watson
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Posts: n/a
Default RE: Deposit two checks, one is paycheck?

This is a problem that stems directly from depending on downloaded
transaction data.

It stems from two things:

1) Money cannot "split" a split and the Paycheck is already a split.

and 2) Money's model is fundamentally that a transaction has one Payee and a
whole bunch of items on one deposit at the bank is still a whole bunch of
Payees. Hence, Money treats it best as a whole bunch of transactions.

My recommendation is to put the Paycheck in by hand and put the other
deposit in by hand and, when the downloaded transaction gets there, void it.
Others who spend a lot of effort trying to make downloaded transaction data
jam into Money may have alternate recommendations. I just skip the downloaded
transaction data at the get go and avoid all of these issues.

"Michael" wrote:

- quote -

> My wife deposits two checks and one is her paycheck. The bank sends Money one
> transaction. I cannot seem to SPLIT the amount between PAYCHECK and OTHER
> INCOME. Microsoft Money Plus Version 17.0

  #-1  
Old 10-13-2008, 01:57 PM
Michael
Guest
 
Posts: n/a
Default Deposit two checks, one is paycheck?

My wife deposits two checks and one is her paycheck. The bank sends Money one
transaction. I cannot seem to SPLIT the amount between PAYCHECK and OTHER
INCOME. Microsoft Money Plus Version 17.0
 

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checks, deposit, paycheck
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