Setting up a loan
I want to set up a car loan using Money 2005 Deluxe. When I set up a new
account/loan it takes me to a wizard to answer questions. It asks for the
loan amount, interest rate, pricipal + interest amount, number of payments,
and a balloon amount. Here is the information I about the loan:
Amount Borrowed: $10,556.13
Total Paid At End of Loan: $11,450.74
Interest Rate: 4.05%
47 Monthly Payments: $239.00 ($206.20 towards principal, $32.80 towards
1 Balloon Payment: $217.74
The wizard only allows me to enter 4/5 pieces of information about the loan
and it calculates the 5th t...cash
Perhaps (definitely?), I am not too smart, but what should
be a simple thing has flummoxed me. I just downloaded the
trial version of Money 2003, I set up all my accounts,
etc., but I am unable to figure out how to record a cash
transaction. I mean simply: if I have $100 in my pocket
and I spend $20 on a shirt, or CD or book, etc., how do I
make that notation in Money? Do I need to somehow follow
the cash trail back up to my checking account? Thanks for
the help and sorry if this is a moronic question.
In microsoft.public.money, Matt wrote:
>Perhaps (definitely?), I am not...Student Loans in Money 2007
I have four student loans all under one account with Sallie Mae. I've
entered them in Money separately because they are at differing interest
amounts - I make only one payment to Sallie Mae and they split it between the
loans. My problem is that I dont know how to apply the one payment to the
four accounts (in order to track).
You can't have one Loan Payment target four different Loan Accounts. It's
just a limitation. Not a great one. If I were designing it, it wouldn't have
this limitation, but there it is.
Assuming you want to track these as separate loans (and ...Loan
I would like to enter a loan into money, but I do am not
scheduled to pay the principal until Nov. of 2005.
However, the interest will accrue on the loan as of today
and I plan on starting to make unscheduled monthly
payments to avoid debt in the future. I am trying to enter
the loan as a new account but it is saying the loan
account values don't work together. Can someone help me
out here? Thanks!
You need to let Money calculate one of the values. Try letting it calculate
the length of the loan.
"UA" <firstname.lastname@example.org> wrote in message
The resource leveling is a very useful tool I recently discovered in Project
2007. I would like to know if there is a way to apply this tool to cash as a
available resource. My team is allocated a fixed amount of money on a monthly
basis. The money is accured if it is not used. Is there a way to determine
when tasks can be completed based on available cash? If so, how can I do
this? If not, are there any Microsoft partners that have developed software
to do this effectively?
Unfortunately, as you have discovered, Material and Cost resoruces cannot
influence the plan: ...mortgage loan setup
I have a variable mortgage that is fixed for the first 5
years. The loan started in July 2002. When I go through
the Loan Setup Wizard and enter the appropriate
information the resulting loan account only goes back to
January 2004. How can I enter all the previous payments
back to July 2002 and adjust the splits of mortgage
payment and fluctuating escrow amounts that have occurred
over the course of the loan? Is there anyway to have the
loan account reflect the payments already made from my
There's a lot to chew on here. This may take some more Q&A, but...LOANS
Many people hear the term "FHA loan," and incorrectly assume the
Federal Housing Administration is a mortgage lender. That is not the
case. Established in 1934, the FHA helps lower-income, first-time home
buyers get approved for a home loan by providing private lenders with
mortgage insurance. This gives the lender the security of knowing the
loan will be honored if the buyer defaults on the loan and allows
buyers who might not otherwise qualify for a conventional loan get
approved. FHA loans are available to individuals with less than
perfect credit and often require a smaller down ...A GREAT way to get FREE cash !! #2
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I tried to save a transaction in receivables management cash receipt with
cheque in batch Id, and i tried to post directly the same transaction qith
cheque payment...but nothing happened. !
Once i tried to save or post a cash receipt or credit card receipt, the
All fields completed, and distribution windows to.
...weekly loan analysis worksheet
i need to make a loan worksheet for truck payments
I had a personal loan drawdown that went through my main current
account and then I bought a car with this amount.
Can anyone advise how I can get Money to "ignore" the transaction as
the expense is fairly large and skews my reports OR should I just
delete the transactions?
Sure sounds like a Transfer followed by an expense (Automobile:Payments?) to
me. Maybe I'm missing something, but I'm not sure what you are trying to
hide here that isn't a real life transaction.
"Cameron Olsen" <email@example.com> wrote in message
news:8d49b4...Importing Data into a Morgtage Loan
Trying out the MS Money 2004 Trial edition, and have potentially found a
showstopper (for me at least).
I've set up a Morgtage account and now want to import QIF formatted data
from my online banking system. I've been able to import all the other
accounts (Saving, Cheque, VISA), but WHY cant I import a quicken file for
this account ? The account isnt even listed as an available account to
Also, the Morgtage/loan account seems to rely very hevily on automatically
scheduled payments and the like, however I make manual payments on varying
intervals. Is the morgtage ac...cash flow problems
On Money 2002 Deluxe my cash flow forecast will not work.
If I go to Accounts & Bills and Cash Flow Review it thinks
for a little bit and then does nothing. Has anyone else
had this problem?
Yes. See http://www.bollar.org/msmoney/#Q67.
"Shirley" <firstname.lastname@example.org> wrote in message
> On Money 2002 Deluxe my cash flow forecast will not work.
> If I go to Accounts & Bills and Cash Flow Review it thinks
> for a little bit and then does nothing. Has anyone else
> had this problem?
...Create open debit balance while applying cash receipt
When customer deduct payment with their debit memo and we do not have credit
memo for this item, can we create open debit balance without apply short to
other invoice? For example, customer paid net $950($1,000 on invoice #100,
but deducted $50 with their debit memo#D-001). Our GP support company told us
to apply $950 on invoice #100 and create $50 credit memo to apply to unpaid
$50 balance. We would like to apply $1000 on invoice#100 and create open
debit for $50 since we may not agree with their deduction. Can GP handle
this entry? If do, how can we do so?
I think you may be overc...loan amortization
I have downloaded a loan amortization template which allows for extra
payments, but only regular extra payments and the same payment amount each
time for the life of the loan.
I need a template (or god forbid a formula) that allows me to put in
payments as they are made, put in skipped payments, calculates interest
daily, and one which I can vary the interest rate. I know I would be pushing
my luck, but any chance of adding a function which calculates all extra
interest payments (for example if I needed to outline overdue payments
seperate to overdue interest charges). I am not famili...Loan
For your financial needs visit www.plicorp.name
...Car Loan as Line of Credit
In MoneyPlusDeluxe I downloaded car loan transactions from the bank,
with the goal being to import the data as a new account.
M+D didn't recognize the import data as being for a loan but rather as
a line of credit. After some struggle it just seemed easier to accept
the forced account type of line of credit. It would be nice to
associate the asset (Honda) with the loan, but that option's not
available since the "loan" got put in as the other account type.
So the questions are: how can I change the account type and, is it
worth the hassle?
thanks in advance,
A...Oh yes my friends, it's a new CRM blog
Let me tell you something ...
You may not think it, but there's no doubt about it: the world needs another
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I manage our Microsoft CRM practice at Solutions Consulting Group in San
Diego, CA, and have lots of fun wrangling CRM to do our client's bidding. I
thought putting our lessons learned, etc., up on the web might be helpful.
Oh, and I as mentioned, the world does desperately need another CRM blog.
Let me know if you like (there's not a whole lot...EFT Cash Receipts Integration
Has anyone here used IM to import Cash Receipts for EFT Receivables?
The file imports correctly but does not tell the system that it is an
How can I get the EFT box to be checked in the Cash Receipts Entry
window? The customer imports 200+ receipts at a time and does not
want to check each box manually, as this worked ok when they were
using GP 9.0.
What is the best workaround for this? A script in IM for Cash Receipt
...Money2004 Loan Problem
My car loan had been working perfectly for the 1st 11 payments. Now I've
noticed that starting with the 12/1/03 payment the principle/interest split
has stopped. The category has been changed to "pay Check". The total
payment amount is being debited from my bank account, and the loan account
Any ideas how to fix this with a minimum of trauma?
The payment source account has changed, but after I made that change the
first two payments were fine.
I thought of just deleting the loan and starting over. After thinking about
I thought this may lead to big problems, ...Loan
For your financial needs visit www.plicorp.name
Check out my website:
...loan how to...
...Cash Receipts and Check book
This is regarding Cash Receipts in Sales Module of GP 10.
The input screen for cash receipt has a field to enter the cheque book id.
However upon posting receipts, the cheque book register does not get updated
with the receipt amount. Surely, the GL account associated with the cheque
book gets the debit, but not the check book register.
Would appreciate advice, comments.
The next step after entering a cash receipt is to deposit it in the Bank Rec
module. Go to Transactions > Financial > Bank Deposits to do this. The
reason for this is that the check...