Money 98: AutoBalance Does Not Categorize Account Adjustments
  
PSS ID Number: Q175606
Article last modified on 08-20-1998
 
WINDOWS:5.0,98
 
WINDOWS
 

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The information in this article applies to:
 
 - Microsoft Money 98
 - Microsoft Money version 5.0 for Windows 95
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SYMPTOMS
========
 
In Microsoft Money 98, you can use AutoBalance to track interest expense
and service charges on your credit cards without having to track all of
your expenses. AutoBalance enters an account adjustment based on the
information you enter. Money does not categorize this Account Adjustment
transaction. In reports, these transactions appear as Expenses -
Unassigned.
 
RESOLUTION
==========
 
To accurately track these Account Adjustment transactions in your reports,
you can manually edit these transactions to include the appropriate
category.
 
STATUS
======
 
This feature is under review and will be considered for inclusion in a
future release.
 
This problem has been corrected in Microsoft Money 99.
 
WORKAROUND
==========
 
If you manually balance the Credit Card Account and categorize any account
adjustment, Money uses this category for all future account adjustments
entered by the AutoBalance feature.
 
To manually enter an account adjustment, follow these steps:
 
1. Go to the Account Register for the Credit Card Account.
 
2. Click Balance and Click Next.
 
3. If you have not balanced this account before, enter a date in the
   Statement Date field.
 
4. Note the figure in the "Total Amount You Owed Last Month" field.
 
5. In "Total Amount You Owe This Month," enter one dollar more
   than the figure in step 4.
 
6. Click Next. The Balance Account should display a Difference
   of (1.00). Click Next.
 
7. When asked what you want to do about the difference, click to select
   "Automatically Adjust The Account Balance."
 
8. Click to select the category you want future automatic adjustments to
   use in the Category fields and Click Next.
 
9. If prompted to pay the bill, click Pay Bill Later.
 
Future account adjustments made by the AutoBalance feature will use the
category you specified in Step 8.
 
To remove the fictitious transaction from your register, follow these
steps:
 
1. In the Account Register, right-click the Account Adjustment transaction
   that you just created and on the shortcut menu, click Delete.
 
2. When Money warns that this transaction has been reconciled, click OK.
 
MORE INFORMATION
================
 
For more information on how AutoBalance calculates the account adjustment,
For additional information, please see the following article in the
Microsoft Knowledge Base:
 
   ARTICLE-ID: Q171345
   TITLE     : Money: How AutoBalance Calculates the Account Adjustment
 
Additional query words: w_money 6.0 buzz w_money 5.0
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Keywords          : kbdta kbbuglist
Version           : WINDOWS:5.0,98
Platform          : WINDOWS
Issue type        : kbbug
Solution Type     : kbfix
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Copyright Microsoft Corporation 1998.