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#4
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| It sounds like the scheduled payment is setup to expense the escrow directly not transfer it to some (non-existent) escrow account. The latter is the preferred setup. See http://umpmfaq.info/faqdb.php?q=94. Transfers can absolutely be added to scheduled loan payment details (i.e., splits). You MAY have to type it out (T-R-A-N-S-F-E-R-:-E-S-C-R-O-W- -A-C-C-T- -N-A-M-E) if it isn't offered in the pull-downs. "ShadoDrvr" <anonymous[at]discussions.microsoft.com> wrote in message news:2a29a01c465ef$9dd1d4a0$a401280a[at]phx.gbl... - quote - > In answer to all three posts to my question. When I set > up the mortgage I did set up other fees - escrow. The > loan payments do show the correct amount going to escrow, > but there is no account associated with these escrow > payments. Also, the mortgage payment setup will not > allow for transfers into other accounts, only other fees > as discussed above. So I still have the same problem, > the escrow fee is setup and coming out of each payment > properly, but is not going into any account. Any other > ideas? |
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#3
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| In answer to all three posts to my question. When I set up the mortgage I did set up other fees - escrow. The loan payments do show the correct amount going to escrow, but there is no account associated with these escrow payments. Also, the mortgage payment setup will not allow for transfers into other accounts, only other fees as discussed above. So I still have the same problem, the escrow fee is setup and coming out of each payment properly, but is not going into any account. Any other ideas? - quote - > -----Original Message----- > Have you tried going to the account list and selecting the escrow account? > See http://umpmfaq.info/faqdb.php?q=94 for more on setting up and > maintaining an escrow account. > "ShadoDrvr" <anonymous[at]discussions.microsoft.com> wrote in message > news:22f3b01c45e7b$5d363b00$a601280a[at]phx.gbl... > > I'm using Money 2002 and entering my escrow fee for my > > loan, but the information just seems to be going into the > > data "great beyond". Is there any way to view/adjust the > > escrow account balance associated with a home mortgage > > account? > . |
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#2
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| Did you setup an escrow account in Money? If you did then your escrow payment in your mortgage transaction should be just a transfer into the escrow account. You can view that account and manage it like any other account in Money. It should be an asset account. -- Semper Fi! Kevin Campbell "Evil cannot be accommodated. It must be defeated." --Cal Thomas "ShadoDrvr" <anonymous[at]discussions.microsoft.com> wrote in message news:22f3b01c45e7b$5d363b00$a601280a[at]phx.gbl... - quote - > I'm using Money 2002 and entering my escrow fee for my > loan, but the information just seems to be going into the > data "great beyond". Is there any way to view/adjust the > escrow account balance associated with a home mortgage > account? |
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#1
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| In microsoft.public.money, ShadoDrvr wrote: - quote - > I'm using Money 2002 and entering my escrow fee for my
To change the amount, from the mortgage account register,> loan, but the information just seems to be going into the > data "great beyond". Is there any way to view/adjust the > escrow account balance associated with a home mortgage > account? ChangeAccountDetails-> ChangeLoanTerms-> Next and select OtherFees. Proceed. |
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| Have you tried going to the account list and selecting the escrow account? See http://umpmfaq.info/faqdb.php?q=94 for more on setting up and maintaining an escrow account. "ShadoDrvr" <anonymous[at]discussions.microsoft.com> wrote in message news:22f3b01c45e7b$5d363b00$a601280a[at]phx.gbl... - quote - > I'm using Money 2002 and entering my escrow fee for my > loan, but the information just seems to be going into the > data "great beyond". Is there any way to view/adjust the > escrow account balance associated with a home mortgage > account? |
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#-1
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| I'm using Money 2002 and entering my escrow fee for my loan, but the information just seems to be going into the data "great beyond". Is there any way to view/adjust the escrow account balance associated with a home mortgage account? |
| Tags |
| escrow, home, mortgage, tracking |
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