Is Money 2005 Better?

I am using MS 2001 Deluxe now, and I have so many things to overlook
regarding how it reports my budget... I can't figure out how to get
ammortized loans that are paid to me to not show up as my debt... minus
debt, but still debt.. I want them to show up as income.. anyone know
how to do that? would 2005 help me... thanks in advance

via_newsgroup
Mon Jan 17 13:19:17 CST 2005

In microsoft.public.money, Linda wrote:

>I am using MS 2001 Deluxe now, and I have so many things to overlook
>regarding how it reports my budget... I can't figure out how to get
>ammortized loans that are paid to me to not show up as my debt... minus
>debt, but still debt.. I want them to show up as income.. anyone know
>how to do that? would 2005 help me...

Money 2005 shows amortized loan payments on the
Banking->AccountTools->CashFlowReview.

Banking->CreditCenter will show the debt you are owed in the
Credit-RelatedAccounts table with an opposite "Current Balance".

I set up a test loan in Money 2005, and I expected to see the
interest portion of the payment as income in the budget. Instead
there are sections Expenses, Income, and Special in the Budget
Category column. The entire loan payment was shown as negative Debt
under the Special column. That sounds similar to what you were
describing.

Dick
Mon Jan 17 13:39:29 CST 2005

Most users prefer?

"Cal Learner-- MVP" <via_newsgroup@please.tnx> wrote in message
news:120ou09364shpcap6mk6lnihb6c41q5j49@4ax.com...
> I set up a test loan in Money 2005, and I expected to see the
> interest portion of the payment as income in the budget. Instead
> there are sections Expenses, Income, and Special in the Budget
> Category column. The entire loan payment was shown as negative Debt
> under the Special column. That sounds similar to what you were
> describing.

Jim
Tue Jan 18 19:47:01 CST 2005

Hi

There is a BIG problem going from Money 2001 to Money 2005. The data does
not convert properly. I had a devil of a time working with the MS techies to
solve my problem. One of my problems also had to do with loan payments. It
applied ALL of the payment except the tax portion, to the principle and none
to interest. I also had many problems with the Report function. The shot
answer is that I was told thay you CANNOT skip more that two years when
updating! I had to download a trial version of Money 2003, convert from 2001
to 2003, and then reload Money 2005 and convert again. This really did work,
but what a Kluge!

Good luck!

"Dick Watson" wrote:

> Most users prefer?
>
> "Cal Learner-- MVP" <via_newsgroup@please.tnx> wrote in message
> news:120ou09364shpcap6mk6lnihb6c41q5j49@4ax.com...
> > I set up a test loan in Money 2005, and I expected to see the
> > interest portion of the payment as income in the budget. Instead
> > there are sections Expenses, Income, and Special in the Budget
> > Category column. The entire loan payment was shown as negative Debt
> > under the Special column. That sounds similar to what you were
> > describing.
>
>
>

Linda
Wed Jan 19 05:21:54 CST 2005

Thanks

Mark
Sat Jan 22 06:38:35 CST 2005


"Jim B" <Jim B@discussions.microsoft.com> wrote in message
news:171C9E0D-97E1-410D-94AC-A10AB749EFFF@microsoft.com...

> to interest. I also had many problems with the Report function. The shot
> answer is that I was told thay you CANNOT skip more that two years when
> updating! I had to download a trial version of Money 2003, convert from
> 2001
> to 2003, and then reload Money 2005 and convert again. This really did
> work,

Is this by design?

Money 2003 works fine for me and I saw nothing of value for myslef in
upgrading to 2004 or 2005. I was planning on upgrading to 2005 but when I
read all the horror stories in this newsgroup when it was released last
summer I figured I did not want to pay for something that had little value.

So Microsoft has planned it that I must upgrade to 2005 even if I don''t see
the value in it?

Mark

Dick
Sat Jan 22 06:47:19 CST 2005

Many users skip many versions in an upgrade successfully. Some cannot. Who
knows if this ability will continue into the future.

"Mark" <mfields1x-nospamxxx@cinci.rr.com> wrote in message
news:fPrId.17440$QC5.12765@fe2.columbus.rr.com...
> Is this by design?
>
> Money 2003 works fine for me and I saw nothing of value for myslef in
> upgrading to 2004 or 2005. I was planning on upgrading to 2005 but when I
> read all the horror stories in this newsgroup when it was released last
> summer I figured I did not want to pay for something that had little
> value.
>
> So Microsoft has planned it that I must upgrade to 2005 even if I don''t
> see the value in it?