Beware MM 2006 if you have multiple accounts

I have been a money user for years. I just installed mm 2006 and did an
online update. When done, money downloaded all accounts that I have access
to at all financial institutions and created MM accounts for them. Of
course, it ignored the account that previously existed in mm 2004 for those
institutions - don't know why and realy don't even care.

Apparently, the logic is that if you have an acount at a financial
institution then you must manage it through money. You cannot avoid this -
you can only close the accounts you don't want to see and eliminate them
every time you do a report.

I cannot accept this logic. I have kids in college, business and trust
accounts that I manage all the time through my financial institutions. Both
banks and brokerage accounts are impacted. These non-personal accounts have
no business in my mm ledgers. MM will not allow me to delete or exclude
individual accounts but requires me to delete ALL accounts at a financial
institution. The effort to exclude them is just not woth the time.

So, if you use online access at your financial institution for non-personal
reasons, be advised of this restriction. For me, it's refund time and
re-install mm2004 untill I can find a better alternative.

Richard
Sat Aug 13 17:36:39 CDT 2005

Yeah. The workaround is to mark those accounts as closed and exclude them
from reports. Money 2005 also works the same way.

--

"Dan Okon" <dan15470@comcast.net> wrote in message
news:TaSdndGK0qxg7WPfRVn-jw@comcast.com...
>I have been a money user for years. I just installed mm 2006 and did an
>online update. When done, money downloaded all accounts that I have access
>to at all financial institutions and created MM accounts for them. Of
>course, it ignored the account that previously existed in mm 2004 for those
>institutions - don't know why and realy don't even care.
>
> Apparently, the logic is that if you have an acount at a financial
> institution then you must manage it through money. You cannot avoid
> this - you can only close the accounts you don't want to see and eliminate
> them every time you do a report.
>
> I cannot accept this logic. I have kids in college, business and trust
> accounts that I manage all the time through my financial institutions.
> Both banks and brokerage accounts are impacted. These non-personal
> accounts have no business in my mm ledgers. MM will not allow me to
> delete or exclude individual accounts but requires me to delete ALL
> accounts at a financial institution. The effort to exclude them is just
> not woth the time.
>
> So, if you use online access at your financial institution for
> non-personal reasons, be advised of this restriction. For me, it's refund
> time and re-install mm2004 untill I can find a better alternative.
>
>
>