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| If I understand what you are talking about... I don't think keeping them seperated for tax purposes will be that easy. Reason is, to keep money accurate, when transfering money, you need to make money know it is an actual transfer. Problem comes that to make a transfer work and appear to be a "transfer", money needs to have the two accounts (ie: transfering and recieving account) registered in the money program itself. There comes the problem, I don't know of any way that you can make money distinguish b/t each file seperatly when calculating taxes. Money just kinda groups them all together and looks at the income and expenses of "all accounts" and does its thing. I am however using Money Deluxe 2004... I don't think there is too much diff b/t Deluxe and Small Biz but maybe more tax help in the Small Biz version. I suggest you download the Money 2004 Deluxe Trial from the link I have below.... than you can try before you stick the money into it. Anyways...Best of Luck, Paul Money Trial D/L Link: http://www.microsoft.com/money/info/trial/ |
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| I cannot find this information anywhere so I hope someone here can share their experience. I have two completely separate companies, each handled in separate Quickbooks files. Personal finances are handled in Quicken. Of course these three do not talk to each other so that any transaction between any two of these entities has to be entered twice, once in each file. Before I switch to Money, can someone tell me whether Money can handle each of these three entities separately (i.e., generate separate tax information for each) yet still talk to each other (e.g. have a debit in one account show up as a credit in another)? Many thanks. |
| Tags |
| 2004, company, handle, money |
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