I don't guess I hit the "notify me" button, so I just saw your post.

Thanks for the tips. I did in fact go back and modify the loan settings to
use the full mortgage features in Money. As you said, should be a minor
inconvenience, at most.

Thanks again.
Todd


"Dick Watson" wrote:

- quote -

I don't know this--never tried the credit card style Loan account--but
wouldn't be surprised. My assumption would be that this changes how LP
reacts since it changes the account type from a Loan to a more generic
derivative of credit card and LP doesn't deal with Credit Cards.

I'm not sure you gain a lot by having LP know about the Loan Account.

You could copy your file to a new named one and go in and make the
change--you'll have to create the new Loan Account and then figure out how
to migrate transactions and then delete the old account--and see if you get
anything of benefit from LP. If you do, and think it's worth the side
effects you originally set out to avoid, keep on with this new file.
Otherwise go back to the original file.

Unless your loan is a non-standard type (weird repayment schedule or
whatever) I'm not sure what you were trying to avoid by not using a Loan
Account is worth worrying about. I'm assuming your escrow amount is fixed
for twelve months at a time and you have the data necessary to get the
account setup correctly to being with. If so, I think you can safely ignore
11 out of 12 statements and at worst have to re-adjust the balance by less
than a dollar every year or so when you readjust the payment for any changes
in escrow amount. At least that's what works for me.

"T. Jenkins" <TJenkins[at]discussions.microsoft.com> wrote in message
news:B8F4B011-FF1F-4CD2-AB95-1EBA1A565EF4[at]microsoft.com...
- quote -

I just bought a new home, and created a new mortgage account (and asset) in
MS Money Plus Deluxe. When I created the account, I used the "Just track the
total value" setting, since I was going to manage the P&I, insurance, etc.
amounts via a recurring entry, updated monthly based on actuals. Didn't see
a need to have Money calculating this every month (and pestering me about
whether I wanted to change future transactions!).

Now, however, when trying to update my Lifetime Planner, the planner doesn't
recognize the loan. I assume because there are no calculated payments or
future loan value calculations.

Do I need to go back and add a loan using the "Track Transactions and Other
Details" setting in order for Money to see this file in the Planner? Not
thrilled with this, but will do it if necessary.

Thanks,
Todd