Microsoft KB Archive/171345

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Money: How AutoBalance Calculates the Account Adjustment

Article ID: 171345

Article Last Modified on 1/20/2007



APPLIES TO

  • Microsoft Money 99 Standard Edition
  • Microsoft Money 98 Standard Edition
  • Microsoft Money 98 Deluxe Edition
  • Microsoft Money 98 Financial Suite Edition



This article was previously published under Q171345

SUMMARY

In Microsoft Money, 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.

The amount of the adjustment is calculated as follows:

     Total Balance Due
   - Previous Balance*
   - Interest Charges
   - Service Charges
   --------------------
     Account Adjustment

*Previous Balance = Total amount Due - Payment amount
                


Additional query words: 6.0 7.0 w_money hat

Keywords: kbinfo KB171345