Budget groups


K

KRK

Hello,

Can someone please explain why my budget groups bear little or no
relationship to my transaction categories ?

For example, I have a category 'car' with subcategories such as 'petrol'
'tax'. In the budgeting page these all appear under 'Transportation'

Also, why is there a 'Debt' group in my budget, I don't have any debts. How
do I get rid of it ?

Thanks again

I have MSM 2001


KK
 
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T

teabag

It is a long time since I first created a Budget in MSM2000 - but today my
Budget Planner shows exactly the same Expense and Income Categories as I see
in other areas of Money. I suggest you delete any pre-existing / default
'categories' in your budget (eg Transportation) and start a new budget from
scratch.
I would NOT use the 'Create AutoBudget' on the Expenses page - manually
create that page just like you will do for all Income and Long Term Savings.

Like you I "don't do debt" but ultimately - when you go into 'Budget
manager' and 'Save your Current Budget' and go on to 'View your Budget
Report' - that WILL show a "Pay Off Old Debt" side heading in bold type
(which you can't delete but which should be blank anyway in your case). Just
ignore it.

teabag
 
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R

RichT

teabag said:
It is a long time since I first created a Budget in MSM2000 - but today my
Budget Planner shows exactly the same Expense and Income Categories as I
see in other areas of Money.
That is the way I am heading too - but it still begs the question as to why
Budget categories are different from income/spending categories. I can't see
why anybody would want to have a Budget that did not mirror their
income/spending, so why does it not just mirror by default?

This puzzle has always left me wondering whether I am actually using Budget
as it is supposed to be used, or whether there is some wonderful solution to
make it simple and accurate.
 

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