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| Perhaps you want the special category Loan Payment? "Shooter71" <anonymous[at]discussions.microsoft.com> wrote in message news:093f01c42560$077a7310$a401280a[at]phx.gbl... - quote - > I have created a mortgage account in Money which included > all required load information, and I wanted to set up an > automatic bill entry. I have entered the Payment > Information which as the "Amount" and category. For my > mortgage, as typical, I am paying Principal, Interest, > Property Taxes and Extra Prinical. I have entered what I > want my loan amount to, say $1000 for example. I have > than went into the "Category" to entry all the > appropriate "Split" Information. I thought I was good to > go, by five months later, I have noticed a problem. The > P&I is not updated based upon the amortization, but > rather staying exactly what was entered into the > first "Category" amount. I was expecting this to > automatically update each month based upon the amortized > schedule. What did I set up incorrectly? > Thanks |
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| I have created a mortgage account in Money which included all required load information, and I wanted to set up an automatic bill entry. I have entered the Payment Information which as the "Amount" and category. For my mortgage, as typical, I am paying Principal, Interest, Property Taxes and Extra Prinical. I have entered what I want my loan amount to, say $1000 for example. I have than went into the "Category" to entry all the appropriate "Split" Information. I thought I was good to go, by five months later, I have noticed a problem. The P&I is not updated based upon the amortization, but rather staying exactly what was entered into the first "Category" amount. I was expecting this to automatically update each month based upon the amortized schedule. What did I set up incorrectly? Thanks |
| Tags |
| bill, mortgage, setup |
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