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Old 01-06-2004, 01:02 PM
Jeff Phillips
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Default Re: Linking income to a specific budget category

I just use the expense category to record the income. Money will complain
about this at first, but if you change the preferences it will stop bugging
you. This way when I spend $100 on something and get $50 of it reimbursed by
someone else, my category report only shows a sum total of $50 being spent.

-Jeff


"Hanns" <anonymous[at]discussions.microsoft.com> wrote in message
news:052c01c3d40d$03247490$a501280a[at]phx.gbl...
- quote -

> I rent a house with three roommates and am responsible
> for paying the utility bills. For each bill, I pay the
> full amount from my own checking account but then receive
> 75% of it back from the other three roommates. How can I
> accurately track these transactions, so my budget
> reflects that I'm really only paying $25 for the
> electricity bill, and not the full $100?



 
Old 01-06-2004, 03:37 AM
Chris Cowles
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Default Re: Linking income to a specific budget category

FAQ.

Create a bank/cash account called 'money owed me'. On the account details
page, check the box that makes it a 'budget' account.

Pay the utility bills from your checking account, categorized as split. 25%
of split is categorized as utilities,75% as transfer to 'money owed me'.
When roommates pay you back, deposit into checking categorized as transfer
from 'money owed me'.

"Hanns" <anonymous[at]discussions.microsoft.com> wrote in message
news:052c01c3d40d$03247490$a501280a[at]phx.gbl...
- quote -

> I rent a house with three roommates and am responsible
> for paying the utility bills. For each bill, I pay the
> full amount from my own checking account but then receive
> 75% of it back from the other three roommates. How can I
> accurately track these transactions, so my budget
> reflects that I'm really only paying $25 for the
> electricity bill, and not the full $100?



  #-1  
Old 01-06-2004, 03:24 AM
Hanns
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Posts: n/a
Default Linking income to a specific budget category

I rent a house with three roommates and am responsible
for paying the utility bills. For each bill, I pay the
full amount from my own checking account but then receive
75% of it back from the other three roommates. How can I
accurately track these transactions, so my budget
reflects that I'm really only paying $25 for the
electricity bill, and not the full $100?
 

Tags
budget, category, income, linking, specific
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