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Article #36454

Re: MacMoney help needed (non-income wages etc.)...

#36454
From: Pete Hoch
Date: Tue, 17 Jan 1989 16:36
21 lines
1549 bytes
In article <5848@boulder.Colorado.EDU>,  (Curt Stevens) writes:
> I just purchased and set up Macmoney for myself. My question is what I do
> in the following situation. A friend gives me $20 to get him something on
> my trip to CA. I deposit his $20 so I can just write a check. How do I
> record the  transaction without recording the $20 as income? Do I use a
> checkbook deposit? What would be the Source and Catagory for the deposit?
> What would be the type of the Catagory? 
> 
>  Curt  -  stevens@boulder.Colorado.EDU

Yes, you make a deposit into you checking account just as if it were income.
However, this is not income but a deposit against a pending expence.  So
the Catagory should be the same one that you expect to use when you record
the purchace.  This my sound strange at first but it works very nicely.
The other way artificialy inflates your income and the particular expence
catagory.  This way when you are done, you have loged both transactions
however all of your catagory totals will be the same, as you would expect.  

Hope this helps.

Pete Hoch
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Message-ID: <25393@cci632.UUCP>
Path: arc1-ca.pugleaf.net!utzoo!utgpu!attcan!uunet!lll-winken!lll-lcc!ames!mailrus!cornell!rochester!rit!cci632!ph
References: <5848@boulder.Colorado.EDU>

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Path: arc1-ca.pugleaf.net!utzoo!utgpu!attcan!uunet!lll-winken!lll-lcc!ames!mailrus!cornell!rochester!rit!cci632!ph
From: ph@cci632.UUCP (Pete Hoch)
Newsgroups: comp.sys.mac
Subject: Re: MacMoney help needed (non-income wages etc.)...
Summary: It's not income but a negative expence.
Message-ID: <25393@cci632.UUCP>
Date: 17 Jan 89 16:36:11 GMT
References: <5848@boulder.Colorado.EDU>
Organization: CCI, Communications Systems Division, Rochester, NY
Lines: 21