Hi,
I'm new to MS Money or financial software in general. I downloaded the free version of MS Money plus deluxe. I've imported a months worth of checking, savings, and credit card statements into the program.
I've also setup all my categories for expenses like grocery, cell phone, entertainment, etc.
But I can't figure out what to do about my monthly transfer from checking to savings. Or my twice-a-month payment to my credit card. For example, my checking account shows a transfer to my savings account. My savings account also shows an identical deposit.
My question is, in as much detail as you can provide, how to I link those two transactions together so the withdraw from checking doesn't count as an expense? Also, that is really just one transaction so they should be liked together somehow.
I've looked online and read some other posts about a "transfer" tab, but I don't see that in my window. I also tried using the "Transfer: to savings" category but that creates a new transaction on the other account and the balance is now off.