Money: How AutoBalance Calculates the Account Adjustment (171345)
The information in this article applies to:
- Microsoft Money 99
- Microsoft Money 98
- Microsoft Money 98 Deluxe Edition
- Microsoft Money 98 Financial Suite
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
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Account Adjustment
*Previous Balance = Total amount Due - Payment amount
| Modification Type: | Major | Last Reviewed: | 1/5/2005 |
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| Keywords: | kbinfo KB171345 |
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