Microsoft KB Archive/153283

What’s New in Money 97

PSS ID Number: Q153283 Article last modified on 01-31-1999

WINDOWS:5.0

WINDOWS

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The information in this article applies to:

 == Microsoft Money, version 5.0 for Windows 95 == 

= SUMMARY =

This article describes the new features in Microsoft Money, version 5.0 for Windows 95.

= MORE INFORMATION =

Money Helps You Perform Your Financial Tasks Faster

 * Improved Bill Payment.
 * Payment Calendar: Layout redesigned to reduce number of steps required to pay bills.
 * Balance Forecaster charts your account balances so you know when best to pay bills.
 * Bill Payment Reminder ensures you’ll never pay bills late. An icon in the Windows taskbar lets you take action quickly.
 * Payment Wizards help you to better manage your loan and credit card payments.
 * Managing your paycheck.
 * Automatic detection of paycheck transactions. If Money detects that a recurring deposit is being made, you are asked whether or not this deposit is a paycheck. If it is a paycheck, you are urged to use the new Paycheck form to enter the transaction.
 * Paycheck Wizard: If it appears that you are recording a paycheck, the wizard asks you if you want to split out the details of the paycheck. You are able to create contributions to an IRA, and contributions to Savings (the wizard helps you set up the accounts). The wizard allows you to break out wages, adjustments before taxes, taxes, and deductions after taxes.

Managing Your Accounts

 * Support for retirement account type: You can track 401(k), 403(b), IRA, SEP, & KEOGH accounts. Money shows the value of the account as of the last statement.
 * Update Retirement Account Wizard: Balances your retirement and cash contribution accounts against your statement, tracks employer contributions, and lets you keep track of the value of your retirement accounts.
 * Improved account balancing: Can edit transactions while balancing.
 * Support for Closed Accounts.
 * Create Favorite Accounts: Accessible from GoTo menu for easy access.
 * IntelliSense Technology features: Automate routine and repetitive tasks.
 * AutoComplete: Improved algorithm matches payee names on first character entered.
 * AutoComplete: Completes transaction entries for you. Money now looks for a transaction of the same type in the current account to find a match.
 * AutoRename: Renaming of payees during statement download.
 * AutoReconcile: A new feature of Bank Online. If you enter transactions only by downloading your statement (never enter a transaction manually) when you go into Balance there is no input needed.
 * Minimizing data entry through AutoReconcile.
 * Dropdown Calculators and Calendars on numeric and date fields
 * Context menus on form fields. Common commands for fields such as Yesterday, Today, and Current Price are utilized through context menus on those fields.
 * Last five transactions for a payee: Minimizes data entry for repeat payments.
 * In-place calculations: If it is June 5th and you type 10 in the date field, Money intelligently assesses that you mean June 10th and completes the entry for you when you tab to the next field.
 * After saving a transaction, Money automatically creates a new transaction. Prevents you from clicking New after each transaction.

Money Gets You Connected to Your Bank

 * Access to more banks.
 * Banks have a choice of ways in which they connect to Money, which enables more banks/financial institutions to support Money.
 * Support for multiple online banks.
 * The Redesigned Home Banking area is more intuitive.
 * Each bank has its own Home Banking area.
 * Tab design makes it easier to navigate and use.
 * Integrated banking and bill payment services conducted in one place.
 * Bank branded: Bank logo, contact information, promo information, and URL can be downloaded.
 * Updatable bank details: Update bank details anytime with the click of a button.
 * Improved Online Services Setup.
 * Online Signup Wizard walks you through the setup process.
 * Intuitive signup: Simply enter the bank routing number and Money tells you the services available from your bank and how to sign up. Banks can determine the signup process that best suits them.
 * Choice of Online Bill Payment Services. If no online services are available from the bank, you can use CheckFree Services’ stand-alone bill payment service.
 * Improved online banking capabilities.
 * Electronic transfers to any account. You can transfer funds, electronically, to any account if you know the routing and account number. Not available through all banks.
 * Significantly improved transaction matching:
 * AutoRename of Payee names: Chevron #47=Chevron.
 * Use of the standard transaction form for creating new transactions.
 * Intuitive User Interface for matching.
 * Separation of deposits from withdrawals in statement summary.
 * Use of payment calendar for source of matching transactions.
 * More lenient matching algorithm (few cents is ignored).

Gets You Started Quickly

 * Money is easy to use, getting first time users productive in minutes.
 * Guided Product Tours: Customized for new users, Quicken users, and Money upgraders.
 * Tip of the Day: Helps you discover better ways to work.
 * Context sensitive Online Help.
 * Significant Usability testing to identify and correct frequently, yet unknowingly performed errors by providing tips on how to correct errors and minimize number of steps.
 * $0 deposit transaction error detected.
 * Switching between accounts.
 * MoneyZone available to Internet users: Product information, support, tips, etc.

Converts Quicken Files Seamlessly

 * Converter Wizard for Quicken converts Quicken files seamlessly into Money files
 * Confirms conversion successful by matching account balances in Quicken and Money files on completion
 * Converts transactions, scheduled transaction, stock history, category list. All this information will be converted with high fidelity such that the users ending balances for all accounts are correct.
 * Protects investment in printer checks
 * Help files for Quicken users
 * Product Tour for Quicken users

Other Features

 * Free downloadable stock quotes.
 * File Restore.
 * Automatic Backup on Exit.
 * Improved Find feature: Displays current search criteria.
 * Report from Find: A transaction report can be created and saved from the Find transaction list.
 * Multi-select Payee in Find: Can conduct a Find on a set of Payees instead of just one or all.
 * Change category. You can change the category of a set of transactions. The set of transactions is generated in Find or in the Category details place.
 * Category field offers outlined subcategory view. For quick selection of subcategories, you can view subcategories in the category list.
 * Improved investment features: You can add or remove shares to an account without having to actually create a buy or sell.
 * Transactions: You can populate their account. This is useful for new users who want an “Initial Balance” of shares on an investment account.

Additional query words: 5.00 w_money features 401k Ham 97

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========================================================= Keywords : kbimu Version : WINDOWS:5.0 Platform : WINDOWS Issue type : kbinfo ============================================================================= Copyright Microsoft Corporation 1999.