My HD crashed and most of the data in Money 2004 Small Biz was lost.
(At the same time I was served a notice from the IRS that I am being
audited for Charitable Contributions and Employee Non Reimbursements.)
I have received copies of all bank statements and scanned them into
excel and am now converting to QIF files that will be imported into
Money.
Questions:
1. In order to recreate checking, savings, mortgage, car loans, and
credit card accounts, should I create these accounts in Money first
with a zero balance prior to import?
2. Before import, should I also edit the QIF file for all categories
including all transfers paying credit cards, mortgages, car loans as
well as utilities OR can I do this after import using the wizard with a
manual update of each transaction for interest expense, etc.?
3. I was using 2004 SM Biz only to begin tracking a part-time business
for my roommate but I don't need Small Biz for my personal records.
Is there a way for my personal financials to be entered without
requiring me to enter business data? I believe I tried to use the
set-up wizard and was prompted for business then. But if I skip the
set up and add accounts in my file then I should be ok, right?
I am trying to decide to use 2004 Premium, 2004 Small Biz or 2005. But
with all that I have read on 2005 I am leaning heavily to 2004 until
later.
Thanks in advance.