"Kamal" <kamalhassanb[at]rediffmail.com> wrote in message
news:4ca301c3e4ff$7a50b990$a301280a[at]phx.gbl...
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For everything that you want to do, it seems that you would need
a software product along the lines of Peachtree. Cost = 6 to 16
times as much as MSMoney.

In microsoft.public.money, Kamal wrote:

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In the Portfolio page you can select various views. You can also
Customize the various views. The Gain and %Gain include dividends.

This is not going to help file your taxes.


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You should have entered it as L-Term Cap Gains Dist.

The Price Appreciation column of the Portfolio page is useful to see
how much CG would be if you sold your position.

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You really would use Money to gather certain information. It is
particularly good at feeding schedule D info to tax programs. That
is the real strength. I enter the dividend info into Money, but I
use the 1099 info for the real tax data for schedule B. Some things
that appear to be dividends are distributions of another form.


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Go for it. I'm done. Bye. I did not delete the stuff I had already
written.


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doing something wrong in Money??? Please help!

Thanx and regards,
Kamal

In microsoft.public.money, Kamal wrote:

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I figured you already had email responses, so it didn't make sense
for me to wade through your previous posting.

Why don't you say which questions remain unanswered.

The Income column in Investment Performance Reports does
not include dividends received for stocks and perhaps
other investment types. I have searched the Knowledge
Base and Money Help and reviewed FAQ, but could find no
answer. Please help. Lemme explain the issues more
clearly...

1. The Income column is displayed when you check
the "show calculation details" box in the Row & Columns
tab in the Customize drop down window. I perhaps
incorrectly assumed that Return in the charts was Total
Return that includes distributions such as dividends.
Total Return is what I would like to see not just change
in market price. It would also be nice to see just Yield
or the distributions (dividends, capital gains, and/or
interest payments), what I call real Income, made by each
and all investments. Is there some way I can get Money
to calculate and display Yields and/or Total Return?

2. Speaking of capital gains, I was using the Tax
Estimator and was surprised to find that Capital Gains
Distributions were not included in the Long-Term Capital
Gains. When you calculate income tax, long-term capital
gain distributions are included in special tax rates. Why
are Capital Gain Distributions not shown? (I entered my
capital gains distributions as Investment Income: Capital
Gains.)

3. Unlike other items, when you click the underlined
heading, Long-Term Gain or Loss, (in Tax Estimator) you
cannot Add or Remove items. I therefore had to make
manual calculation and enter that instead of the Using
Money's Amount. Also after checking my confirmation
sheets, I found that the Money's calculation of one of my
investments was wrong. I had purchased this investment
in one account and then transferred it to another
account. Money used the transfer date instead of the
purchase date to make gains caluclations. Luckily I was
able to go to Investment Activities to see when the
investment was really purchased and shares increased thru
reivested dividends. It was also disturbing that I had
to use Screen Print, Paint, and Picture It to get a hard
copy of this. Are there any solutions to these problems?

4. I've come to the conclusion that you have to be very
careful when using Money for Performance Reviews and Tax
Preparation. And frankly, if I can't use Money for this,
perhaps I should shop around for better financial
software.

5. I just thought of another problem that I had while
preparing income tax data. My Social Security and
Annunity Payments were all shown in the Wages and
Salaries category of the Tax Estimator. I wanted to
separate these categories from regular wages. Ultimately
I used the right mouse buttom and Edit to change line by
line Social Security and Annunity Payments to Retirement
Income: Social Security and Retirement Income: Pensions
and Annunity. These categories were then automatically
moved to Misc. Income in the Tax Estimator and I could
separately subtract the nontaxible amounts from each.
But when I tried to change recurring Socail Security and
Annunity Payments in Manage Scheduled Bills and Deposit,
I could not change the category from Paycheck to
Retirement Income. I used Money Help for advise, but
when I tried to change the category, a pop up warned
the "Changing the Category ....Will remove the
itemization of your paycheck." How can I change the
category of an itemized Paycheck type entry without doing
it in the Tax Estimator?

If U have answers to any of the above questions, please
please mail across me...your answers are highly
appreciated... Thanks in advance!

Thanks and regards,
Kamal