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Old 11-30-2003, 12:37 AM
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Default Out of Balance transactions

Declare bankruptcy


- quote -

> -----Original Message-----
> When I create a mortgage loan in Money 2004, it creates
> an out of balance transaction: suddenly my networth drops
> by the amount of the loan!!!
> How do you fix that?
> Thanks
> .

  #2  
Old 11-29-2003, 10:16 PM
Dick Watson
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Default Re: Out of Balance transactions

Perhaps I'm not sure what you mean by "out of balance" transaction. If you
have an asset account and it's got the correct value and you have a loan
account and it has the correct value, then your net worth should correctly
reflect the difference. Try again to describe your issue.

"Alan Guggenheim" <anonymous[at]discussions.microsoft.com> wrote in message
news:01e801c3b6b5$915cf4f0$a101280a[at]phx.gbl...
- quote -

> I have an asset account, How do you create an other out
> of balance transaction (not that I like doing that!),
> though, to correct the previous error?
> > -----Original Message-----
> > Create an asset account to cover the asset that you

> purchased with the loan.



  #1  
Old 11-29-2003, 07:15 PM
Alan Guggenheim
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Default Re: Out of Balance transactions

I have an asset account, How do you create an other out
of balance transaction (not that I like doing that!),
though, to correct the previous error?
- quote -

> -----Original Message-----
> Create an asset account to cover the asset that you

purchased with the loan.
> "Alan Guggenheim" <asg[at]cis-tech.com> wrote in message
> news:03ed01c3b54f$790f5e40$a301280a[at]phx.gbl...
> > When I create a mortgage loan in Money 2004, it creates
> > an out of balance transaction: suddenly my networth

drops
> > by the amount of the loan!!!
> > How do you fix that?

> .

 
Old 11-28-2003, 03:57 AM
Dick Watson
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Posts: n/a
Default Re: Out of Balance transactions

Create an asset account to cover the asset that you purchased with the loan.

"Alan Guggenheim" <asg[at]cis-tech.com> wrote in message
news:03ed01c3b54f$790f5e40$a301280a[at]phx.gbl...
- quote -

> When I create a mortgage loan in Money 2004, it creates
> an out of balance transaction: suddenly my networth drops
> by the amount of the loan!!!
> How do you fix that?



  #-1  
Old 11-28-2003, 12:32 AM
Alan Guggenheim
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Posts: n/a
Default Out of Balance transactions

When I create a mortgage loan in Money 2004, it creates
an out of balance transaction: suddenly my networth drops
by the amount of the loan!!!
How do you fix that?

Thanks
 

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balance, transactions
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