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Old 04-27-2008, 01:12 PM
martin_pentreath@hotmail.com
 
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Transaction which is part expense, part transfer

I have a debit from an account associated with arranging a remortgage
on a house. Part of the sum debited is a payment of legal expenses, so
it belongs in the "mortgage expenses" category. Part of it is a sum
which was used to reduced the amount of the sum owed to the lender.
Any suggestions for how to deal with this? The loan reduction element
is effectively a transfer to the loan account, but the "split"
dialogue box only allows you to allocate a "withdrawal" to different
categories, it doesn't let you split an amount between a withdrawal
and a transfer.
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  #2 (permalink)  
Old 04-27-2008, 02:06 PM
Michael J. Blazin
 
Posts: n/a
Re: Transaction which is part expense, part transfer

Go to the bottom of category dropdown. You'll see all the possible
transfers there. Also the standard loan payment allows for allocation of
principal, interest, and transfers to property tax escrow. You just need to
change the names.
<martin_pentreath@hotmail.com> wrote in message
news:7449c053-3d47-4870-85c2-1673fcbe0570@f36g2000hsa.googlegroups.com...
>I have a debit from an account associated with arranging a remortgage
> on a house. Part of the sum debited is a payment of legal expenses, so
> it belongs in the "mortgage expenses" category. Part of it is a sum
> which was used to reduced the amount of the sum owed to the lender.
> Any suggestions for how to deal with this? The loan reduction element
> is effectively a transfer to the loan account, but the "split"
> dialogue box only allows you to allocate a "withdrawal" to different
> categories, it doesn't let you split an amount between a withdrawal
> and a transfer.



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  #3 (permalink)  
Old 04-27-2008, 04:51 PM
Dick Watson
 
Posts: n/a
Re: Transaction which is part expense, part transfer

If you are using Essential Register, use Advanced Register. If you are using
Money Essentials (MEss) upgrade to one of the serious editions.

<martin_pentreath@hotmail.com> wrote in message
news:7449c053-3d47-4870-85c2-1673fcbe0570@f36g2000hsa.googlegroups.com...
>I have a debit from an account associated with arranging a remortgage
> on a house. Part of the sum debited is a payment of legal expenses, so
> it belongs in the "mortgage expenses" category. Part of it is a sum
> which was used to reduced the amount of the sum owed to the lender.
> Any suggestions for how to deal with this? The loan reduction element
> is effectively a transfer to the loan account, but the "split"
> dialogue box only allows you to allocate a "withdrawal" to different
> categories, it doesn't let you split an amount between a withdrawal
> and a transfer.


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  #4 (permalink)  
Old 04-27-2008, 05:22 PM
martin_pentreath@hotmail.com
 
Posts: n/a
Re: Transaction which is part expense, part transfer

On 27 Apr, 14:06, "Michael J. Blazin" <mjbla...@swbell.net> wrote:
> Go to the bottom of category dropdown. *You'll see all the possible
> transfers there. *


Thanks, I hadn't scrolled that far down.
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