Loan repayments RRS feed

  • Question

  • Hello all

    I'm just setting up Microsoft Money and entering my historical transactions from the 1st Jan 2013. I intend to use it on an ongoing basis but want data present from at least this year so that I can do some analysis and prepare budget for the future.

    I've entered my bank accounts and transactions for January so far. My loan account payment needed entering so I set up the loan account using the wizard and entered it with the balance at the start of 2013, interest rate, payment date etc and in the loan account the remaining repayments all look correct.

    It's telling me that the next payment will be due at the end of this month, which is correct.

    But...it hasn't recorded payments for January through to July which are obviously on my current (checking?) account statement.

    Would anyone be able to instruct me on how to get they in?



    Il y a 10 sortes de personnes. Celles qui comprennent le binaire et celles qui ne le comprennent pas.

    Tuesday, August 13, 2013 10:01 PM

All replies

  • I don't use budget or cash flow. I used to presume I was in the minority in that, but I now think I am not.

    From what I have read, loan payments are a cash flow rather than budget item. The explanation is that an expense occurs when you buy a meal on your credit card, but not when you pay your credit card bill.   I don't know what you will do with this information.

    Regarding budget, I know that there are two different budget in Sunset. You will want to figure out which you are using, and then maybe edit your Title to reflect that. That may or may not attract the person with the knowledge that you need.

    Thursday, August 15, 2013 4:30 PM