I'm not sure how to categorize the money I got from a loan. I took out a
home equity loan to consolidate two auto loans. The money was placed in my
checking account. I categorized as Auto loan. Now when I do a report on YTD
expenses Auto loan is by far my biggest expense. It really isn't because
I'll make monthly payments. Additionally, it shows up as income, it isn't
income. It's a loan. Is there a better way to do this to get realistic
graphs and reports?

Bob Hahn

Re: categories by Dick

Dick
Sun Oct 05 17:53:43 CDT 2003

One way is to leave it unassigned.

"Robert Hahn" <stick2u2@hotmail.com> wrote in message
news:O7R3nj4iDHA.724@tk2msftngp13.phx.gbl...
> I'm not sure how to categorize the money I got from a loan. I took out a
> home equity loan to consolidate two auto loans. The money was placed in my
> checking account. I categorized as Auto loan. Now when I do a report on
YTD
> expenses Auto loan is by far my biggest expense. It really isn't because
> I'll make monthly payments. Additionally, it shows up as income, it isn't
> income. It's a loan. Is there a better way to do this to get realistic
> graphs and reports?