Maybe. I'm not sure I understand what you are looking for in your first
question, but maybe I can still help.

First, I'm assuming that you've created two Money Loan Accounts to track the
mortgages. If not, then the following answer is null and void. If you don't
know or don't understand the question, the answer is still probably no.

There is no way to teach Money that one transaction (normally equal to one
check) makes two different Loan Payments to two different Money Loan
Accounts. That's just a limitation built-in to the logic.

And despite thinking about it for a minute or two, I'm not sure I can come
up with a good workaround. I think what I'd probably do is something like
creating the scheduled Loan Payment for the total amount with an additional
detailed (split) Transfer:[some cash account] in the amount of the second
loan payment. This is the one that will print the check. Then, I'd create a
second scheduled Loan Payment that goes in the [some cash account] and pays
the second loan payment. I'd probably also feel compelled to put some note
in this (phantom) transaction referencing the original transaction.
Personally, I'd find printing two checks easier. Granted, it would be nice
if Money would just let you do this directly. But it won't. You could also
make the printing check just a transfer to the [some cash account] and then
have to phantom stand-alone loan payment transactions.

The Loan Payment is a special "category" for a transaction that knows how to
associate with a Money Loan Account and split the money into a Principal
Transfer component that pays down the loan balance, and interest expense
component, and anything else you add like the transfer I just mentioned or
transfers to escrow accounts or similar.

"Margaret Sinclair" <msinclair1[at]houston.rr.com> wrote in message
news:tDnvc.49310$lY2.5978[at]fe1.texas.rr.com...
- quote -

How does money 2004 post mortgage interest and principle? I see that
certain names of categories do things but I have one check that pays for 2
mortgages and Money won't distribute the funds correctly. I have tried the
transfer to a cash account but the 2004 version won't split the cash
transaction into principle and interest and I can't find the loan payment
category. Sigh..... Can anyone help me?

Margaret