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making offsetting deposits

 
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Peggy



Joined: 02 Aug 2007
Posts: 4

PostPosted: Thu Dec 11, 2003 11:30 pm    Post subject: making offsetting deposits Reply with quote

>-----Original Message-----
>That changes the balance of my account and makes it
>incorrect. The dollar amount is correct, it's the way
>Money posts it to the category that isn't working as I'd
>planned. I post the deposit to an expense category, so
>Money assumes it's a debit (an expense) when what I need
>it to be is a credit. I'm obviously just doing the wrong
>thing.
>
>For example:
>I write a check for $100 and it's posted as a debit to my
>checking account. I enter it in Money as the expense
>category "Lari's charges." A few weeks later, she gives
me
>a check for the $100 and I deposit it to my checking
>account. It shows up in Money (correctly) as a credit,
and
>I post it to the expense category "Lari's charges." Money
>asks me if I mean to post this income as an expense, and
I
>say "yes", hoping it will post the amount as a credit to
>the category, making this expense account a net zero, but
>it posts it as another debit. Now the expense
>category "Lari's charges" shows a total of $200, not
zero.
>My expense category is incorrect, although my checking
>account balance is right. When I look at my monthly
>reports, they are incorrect, too. How can I fix this?
>
>Thanks for your help!
>
>>-----Original Message-----
>>Simply change the amount by inserting a negative sign
and
>the debit will
>>show as a credit
>>
>>--
>>Glyn Simpson, Microsoft MVP - Money
>>
>>Check http://support.microsoft.com/default.aspx?
>scid=fh;EN-GB;mny
>>for UK tips and fixes for MS Money. To send Microsoft
>your wishes or
>>suggestions, use
>http://register.microsoft.com/mswish/suggestion.asp
>>or email especially if it's a UK
>specific wish.
>>
>>I do not respond to any unsolicited email regarding Money
>>
>>"peggy" wrote in
>message
>>[email protected]...
>>> I frequently shop with my mother-in-law and include her
>>> purchases on my credit card. When I record the expense
>in
>>> Money, I use the expense category "Lari's charges".
When
>>> she pays me back, I'd like the deposit to be recorded
>as a
>>> credit to that expense category (making the net amount
>>> zero, as it truly is), but instead, it shows up as
>another
>>> debit, doubling the amount in that category. How can I
>>> accomplish what I need?
>>
>>
>>.
>>
>.

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