|
#2
| |||
| |||
| "Dave"wrote in message - quote - > I'm new to Money and can't figure out how to account for
I have a cash account, and also one for my wife. Whenever we make an ATM> cash purchases. I'm trying to keep track of cash > expenditures within a budget. withdrawal it is a transfer to the cash account. For my account I try to account for things like lunches or a purchase at a grocery store, etc. I also post for what's spent at the vending machines. It takes perhaps 1 or 2 minutes a day. If I can't account for some of the money then I make an entry for "Unknown" as payee and for a catagory post it to Miscellaneous. I don't account for my wife's transactions but just post all her money to "Miscellaneous" unless she has used cash and I am present. For example she bought some gift cards at a restaurant and paid cash. I posted that to Gifts: Christmas because it will help us budget better for Christmas. This may seem tedious but it helps me make decisions about my money. For example I can objectively see what restaurants cost the most to go to, how much is spent for groceries, and how much goes down the coin slots at the vending machine! By cutting some of that out I was able to save some money for things I could not afford. Mark |
|
#1
| |||
| |||
| See http://www.bollar.org/msmoney/#Q93. "Dave" <dzachman[at]usa.instrumentarium.com> wrote in message news:088a01c3c8b3$7f8d6560$a601280a[at]phx.gbl... - quote - > I'm new to Money and can't figure out how to account for > cash purchases. I'm trying to keep track of cash > expenditures within a budget. |
| | |||
| |||
| Hi Dave, I'm not sure how everyone else does it but when I do an ATM withdrawal, I post it to a category called 'Cash Withdrawal', then when I accumulate receipts for items I pay cash for I go to 'Categories' and double click on 'Cash Withdrawals', all of the transactions are listed there. I then double click on one of them and change the category for a transaction to the appropriate category, depending on the receipt, etc. I don't know, there may be an easier way, but that's how I do it. - quote - > -----Original Message----- > I'm new to Money and can't figure out how to account for > cash purchases. I'm trying to keep track of cash > expenditures within a budget. > . |
|
#-1
| |||
| |||
| I'm new to Money and can't figure out how to account for cash purchases. I'm trying to keep track of cash expenditures within a budget. |
| Tags |
| cash, recording |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| recording cash withdrawals Steve: Someone please tell me how to record cash withdrawals in Money 2001... I want to be able to track cash expenditures (ie. cup of coffee) in my... | Microsoft Money | 2 | 10-03-2003 03:01 AM | |
| Recording Mortgage Rfi with cash-out Dave Sep: I just swithched to MSM 2004 after 20 yrs of Quicken, so far so good. I'm having fits ftrying to set up a mortgage refi in which I pay off the old... | Microsoft Money | 2 | 09-26-2003 12:08 AM | |
| Thread Tools | |
| Display Modes | |
| |