I have Money 2000. I just financed my house and am trying
to distribute the loan proceeds. Money shows the
liability when I set up the mortgage but how do I record
the cash I received? I have set up an 'other income - loan
proceeds' account to record the proceeds, but this
distorts the reporting and I can't figure out how to
record closing costs. Any ideas? Thanks in advance for
any help.

Re: Distribute loan proceeds by via_newsgroup

via_newsgroup
Sat Aug 30 18:02:17 CDT 2003

In microsoft.public.money, Gene Dumm wrote:

>I have Money 2000. I just financed my house and am trying
>to distribute the loan proceeds. Money shows the
>liability when I set up the mortgage but how do I record
>the cash I received? I have set up an 'other income - loan
>proceeds' account to record the proceeds, but this
>distorts the reporting and I can't figure out how to
>record closing costs. Any ideas? Thanks in advance for
>any help.

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