Cover image for Microsoft Money 2004 for dummies
Microsoft Money 2004 for dummies
Weverka, Peter.
Personal Author:
Publication Information:
Hoboken, NJ : Wiley, [2004]

Physical Description:
xvi, 338 pages : illustrations ; 24 cm.
General Note:
Includes index.
Title Subject:
Format :


Call Number
Material Type
Home Location
Item Holds
HG179 .W4767 2004 Adult Non-Fiction Central Closed Stacks

On Order



Includes a glossary to help you better understand financial terms

Keep track of your bills, get reports on your finances, and manage your cash flow

Taking charge of your finances does not mean yelling "Charge it!" (Although you can probably charge this book, if you choose.) Inside, you'll find out how easily Microsoft Money 2004 can help you manage your money, keep track of your accounts and investments, plan for retirement, be prepared at tax time, and a whole lot more.

Discover how to:
* Set up accounts and record transactions
* Download bank statements
* Schedule payments so your bills get paid on time
* Analyze investments and loans
* Track assets and liabilities

The Dummies Way
* Explanations in plain English
* "Get in, get out" information
* Icons and other navigational aids
* Tear-out cheat sheet
* Top ten lists
* A dash of humor and fun

Author Notes

Peter Weverka is the author of more than two dozen computer books

Table of Contents

Introductionp. 1
Whom This Book Is Forp. 1
About This Bookp. 2
Foolish Assumptionsp. 2
Conventions Used in This Bookp. 3
Icons Used in This Bookp. 3
Part I Setting Up and Starting Outp. 5
Chapter 1 Introducing Moneyp. 7
Finding Out How Money Tracks Your Financesp. 7
Starting the Programp. 8
A Fast Trip around the Money Windowsp. 9
The Home pagep. 10
Going from window to window: The Navigation bar and Navigation buttonsp. 11
Personalizing the Home Pagep. 13
Shutting Down Moneyp. 14
Money Express: The Fast Way to Enter Transactionsp. 16
Chapter 2 Setting Up Your Accountsp. 19
Accounts and Registers for Recording Financial Transactionsp. 19
The Basics: Setting Up Checking, Savings, and Credit Card Accountsp. 22
Setting up a checking or savings accountp. 22
Listing contact names, phone numbers, and other account detailsp. 24
Changing an account's name or typep. 26
Setting up an Account to Track Credit Card and Line of Credit Transactionsp. 28
Chapter 3 Recording Your Financial Activityp. 33
The Basics: Recording Transactions in Savings and Checking Registersp. 33
Opening an account registerp. 34
Recording checks, deposits, withdrawals, and debit card purchases in registersp. 36
Speed techniques for entering transactionsp. 41
How's your view of the register?p. 42
Splitting deposits and withdrawals that don't fit in one categoryp. 44
Recording a deposit or debit card purchase with cash backp. 46
Transferring money between accountsp. 48
Recording Transactions in Credit Card and Line of Credit Accountsp. 50
Recording credit card and line of credit chargesp. 50
Recording a creditp. 51
Recording a credit card paymentp. 52
Fixing Mistakes in Account Registersp. 53
Finding a transaction so that you can fix itp. 53
Changing, or editing, transactionsp. 58
Voiding and deleting transactionsp. 59
Moving a Transaction from One Account to Anotherp. 61
Printing a Registerp. 62
Chapter 4 Categorizing Your Spending and Incomep. 65
Looking at the Ways to Categorize Income and Spendingp. 66
By categoryp. 66
By subcategoryp. 66
By classificationp. 67
By tax-related statusp. 67
Setting Up Your Own Categories and Subcategoriesp. 67
Creating a new category in the New Category dialog boxp. 68
Creating a new subcategoryp. 70
The fast but dicey way to set up categories and subcategoriesp. 70
Editing and Refining a Category or Subcategoryp. 71
Getting Ready for Tax Time with Tax-Related Categoriesp. 73
Setting Up and Defining a Classificationp. 75
Setting up a classificationp. 77
Defining a classp. 78
Defining a subclassp. 79
Correcting Transactions Recorded in the Wrong Categoryp. 79
Moving all transactions from one category to another categoryp. 80
Reassigning transactions to new categoriesp. 81
Renaming and Deleting Categories and Classificationsp. 83
Renaming a category or subcategoryp. 83
Renaming a classificationp. 84
Deleting a category or subcategoryp. 84
Deleting a classificationp. 85
Chapter 5 Reconciling, or Balancing, an Accountp. 87
How Reconciling Worksp. 87
Balancing an Accountp. 88
Telling Money which transactions cleared the bankp. 88
Fixing mistakes as you reconcilep. 92
Help! The Darm Thing Won't Reconcile!p. 93
A checklist of things to do if you can't reconcilep. 93
"AutoReconciling" an accountp. 95
Forcing an account to balancep. 96
Reconciling a Credit Card Accountp. 96
Chapter 6 Writing and Printing Checksp. 99
Deciding What Kind of Check to Orderp. 100
Ordering the Checksp. 101
Getting Your Printer Ready to Print Checksp. 103
Recording Checks that You Intend to Printp. 105
Testing to See Whether Checks Print Correctlyp. 106
Printing a practice checkp. 106
Making adjustments to the text alignmentp. 108
Printing Your Checksp. 109
Printing a full sheet of checksp. 109
Printing partial sheets of checksp. 111
Whoops! My Checks Didn't Print Correctlyp. 112
Part II Going Online with Moneyp. 115
Chapter 7 Getting Ready to Go Onlinep. 117
Reviewing the Online Services That Money Offersp. 117
Laying the Groundworkp. 119
The equipment you needp. 120
Establishing an Internet connectionp. 120
Signing up with your bankp. 122
Setting Up a Money Account So That It Works Onlinep. 124
Setting up an account for Web servicesp. 125
Setting up an account for direct servicesp. 126
Setting Up Bill Payp. 126
Changing Your Mind about the Online Banking Servicesp. 127
Browsing the Web in Moneyp. 128
Chapter 8 Banking and Bill Paying Onlinep. 131
Sending Bank Instructions over the Internetp. 131
Banking Onlinep. 133
Getting accurate, up-to-date account informationp. 133
Viewing and updating a register whose transactions you downloadedp. 135
Paying the Bills Onlinep. 138
Recording the online paymentp. 139
Stopping a payment after it's sentp. 140
Transferring money between accountsp. 140
Chapter 9 The High-Tech Investorp. 141
Downloading Stock and Mutual Fund Quotesp. 141
Making sure that you have the ticker symbolp. 142
Downloading the security pricep. 143
Money Central: Researching Investments Onlinep. 144
Money Central: Scrutinizing the Investments You Ownp. 145
Other Ways to Research Investments Onlinep. 145
Researching mutual funds on the Internetp. 146
Researching stocks on the Internetp. 146
Part III Getting Your Money's Worthp. 149
Chapter 10 Some Important Housekeeping Choresp. 151
Backing Up and Restoring Money Filesp. 151
Telling Money how to back up your financial datap. 152
Backing up your data filep. 154
Restoring a file from its backup copyp. 155
Transferring Your Money File to a New Computerp. 156
Pruning the Payee Listp. 156
Organizing Your Favorite Accounts, Reports, and Web Sitesp. 158
Protecting Files with Passwordsp. 158
Locking a file with a passwordp. 159
Opening a file that has been given a passwordp. 160
Changing and removing passwordsp. 161
Getting More Room in Account Registersp. 162
Deleting and Closing Bank Accountsp. 163
Closing an accountp. 163
Deleting an accountp. 164
Creating an Archive File for Past Transactionsp. 165
Creating a Separate File for Financial Activityp. 166
Creating the separate filep. 166
Opening the Money file you want to work withp. 167
Renaming and Deleting Filesp. 168
Chapter 11 Pinching Your Penniesp. 169
Being Alerted to Excessive Spendingp. 169
Purchase Wizard: Getting Advice for Gathering the Down Paymentp. 170
Scheduling Bills So That They Are Paid On Timep. 172
Scheduling a bill payment or depositp. 173
How Money tells you to pay billsp. 176
Scheduling deposits, transfers, and investment purchasesp. 177
Recording a scheduled transaction in a registerp. 178
Skipping a scheduled transactionp. 180
Changing a scheduled transactionp. 180
Canceling a scheduled transactionp. 180
Budgeting with Moneyp. 181
Getting startedp. 182
Enter your income: Telling Money about your incomep. 183
Enter your expenses: Budgeting your monthly expensesp. 186
Savings goals: Declaring what to do with extra moneyp. 187
Budget summary and statusp. 188
Seeing whether you met your budget goalsp. 189
If you drew up more than one budget ...p. 190
Tracking Your Frequent Flyer Milesp. 191
Chapter 12 Planning for the Years Aheadp. 193
Being Alerted to Important Eventsp. 193
Projecting Your Cash Flowp. 195
Introducing the Lifetime Plannerp. 197
About you: Telling Money about yourself and your dependentsp. 199
Income: Describing your present and future incomep. 200
Taxes & Inflation: Describing the tax and inflation ratep. 201
Savings & Investments: Describing your retirement savingsp. 201
Expected Return: Describing how your money will growp. 202
Homes & Assets: Describing things of value that you own or will ownp. 203
Loans & Debt: Describing current and future loansp. 203
Expenses: Describing the cost of livingp. 203
Results: Reading your financial futurep. 204
Action Plan: What you should do nextp. 205
Playing "what if" with your futurep. 205
Planning to Get Out of Debtp. 206
Chapter 13 Preparing for Tax Timep. 209
Estimating Your Tax Billp. 209
Scheduling Important Tax Datesp. 211
Getting Help for Lowering Your Tax Billp. 211
Determining How Much to Withholdp. 213
Estimating Capital Gains Taxesp. 213
Looking at Line-Item Income and Expensesp. 215
Tagging Tax Categories So That You Can Generate Tax Reportsp. 216
Generating Tax Reportsp. 217
Exporting Money Data to a Tax-Preparation Programp. 217
Getting Tax Help on the Internetp. 219
Part IV Improving Your Financial Picturep. 221
Chapter 14 Reports and Charts for Seeing Where You Stand Financiallyp. 223
A Look at the Pick a Report or Chart Windowp. 224
Looking at the Pick a Report or Chart Windowp. 226
Income and Expenses: Where the money goes and comes fromp. 226
What I Have: A look at assets and liabilitiesp. 227
What I Owe: A look at debts and upcoming billsp. 229
Investments: Examining your portfolio's performancep. 230
Taxes: A look at tax-related transactions and capital gainsp. 232
Comparison Reports: For comparing the past with the presentp. 232
Monthly Reports: Seeing how you fared this monthp. 233
My Favoritesp. 233
Creating a Report or Chartp. 233
Generating the report or chartp. 233
Turning reports into charts and charts into reportsp. 234
Investigating the figures from which a chart or report is constructedp. 235
Customizing Reports and Chartsp. 236
Adding a Customized Report or Chart to the Favorites Menup. 240
Printing Reports and Chartsp. 240
Getting ready to print a report or chartp. 240
Printing the report or chartp. 241
Exporting a Report or Chartp. 241
Chapter 15 Money for Homeowners and Homebuyersp. 243
A Quick Look at What Money Offers Homeownersp. 243
Finding Out Roughly What You Can Pay for a Housep. 246
Calculating and Comparing the Costs of a Loanp. 248
Investigating how initial costs alter the costs of a mortgage or loanp. 251
Entering the variable-rate datap. 252
Comparing one loan or mortgage to anotherp. 253
Finding Out What Houses Costp. 253
Cataloging the Items in Your Householdp. 254
Chapter 16 Tracking Assets, Liabilities, Loans, and Mortgagesp. 257
Understanding How to Track Assets, Liabilities, Loans, and Mortgages with Moneyp. 258
Tracking the Value of a House or Other Assetp. 259
Setting up an asset or house accountp. 259
Recording changes in the value of an asset or housep. 260
Tracking Your Liabilitiesp. 262
Tracking Loans and Mortgagesp. 263
Setting up a loan or mortgage accountp. 264
Fixing loan or mortgage account errorsp. 268
Recording loan and mortgage paymentsp. 269
Paying early and oftenp. 270
Adjusting loan account balancesp. 272
Updating the interest rate on a loanp. 273
Chapter 17 Money for Investorsp. 275
Your Own Electronic Portfoliop. 275
Setting Up Investment, Retirement, and Employee Stock Option Accountsp. 277
Setting up an investment account for tracking securitiesp. 277
Setting up a retirement account for tracking retirement savings and investmentsp. 279
Setting up an account to track employee stock optionsp. 281
Describing the Securities in Investment and Retirement Accountsp. 282
Editing an Investment or Retirement Account Transactionp. 284
Updating the Price of a Securityp. 286
Recording Payments to and Disbursements from Brokersp. 287
Handling Stocks and Bondsp. 288
Recording a purchase of more stocks or more bondsp. 288
Recording the sale of stocks and bondsp. 289
Recording and reinvesting dividendsp. 291
Recording stock splits, short sells, margin purchases, and other esotericap. 292
Handling Mutual Fundsp. 294
Recording the sale or purchase of mutual fundsp. 294
Recording dividends and distributionsp. 294
Other Kinds of Investmentsp. 296
Precious metalsp. 296
Certificates of depositp. 297
Analyzing and Comparing Investmentsp. 297
Charting the Performance of an Investmentp. 298
Part V The Part of Tensp. 301
Chapter 18 Ten Things You Should Do Periodicallyp. 303
Back Up Your Data Filep. 303
Update Your Savings and Checking Account Registersp. 304
Balance Your Accountsp. 304
Balance Your Credit Card Accountsp. 304
Personalize the Home Pagep. 305
Generate a "Monthly Income and Expenses" Reportp. 305
Print Your Account Registersp. 305
Make an Archive File and Put It Awayp. 306
Prune Your Payee Listp. 306
Stop and Smell the Rosesp. 306
Chapter 19 Ten Ways to Good Health--Financially Speaking, That Isp. 307
Record Credit Card Transactions As You Make Themp. 307
Pay Off All Your Credit Card Debtp. 308
Leave Your Plastic at Homep. 308
Create a Spending by Category Chartp. 308
Create a Monthly Income and Expenses Reportp. 309
Create a Budgetp. 309
Plan Ahead for Your Retirementp. 309
Set Aside Money for a Rainy Dayp. 309
Make Like a New Dog--Learn New Tricksp. 310
Take the Day Offp. 310
Chapter 20 Ten Things to Do If You Are Self-Employedp. 311
Diligently Record Your Financial Activityp. 311
Make Sure That All Tax-Related Expenses Are Marked As Suchp. 312
Print a Tax-Related Transactions Report for Your Accountantp. 312
Use the Memo Box Early and Oftenp. 313
Set Aside a Tenth of Your Income in a Savings Accountp. 313
Schedule Your Quarterly Tax Paymentsp. 313
Use Classifications to Track Business Expensesp. 313
Open a Checking Account for Business Transactionsp. 314
Write a Check to Yourself Periodicallyp. 314
Keep Your Irons on the Firep. 315
Chapter 21 Ten Things Ex-Quicken Users Should Know about Moneyp. 317
You Can Use Your Old Quicken File in Moneyp. 318
Some Things Are Lost in the Conversionp. 319
Some Quicken Features Have No Equivalent in Moneyp. 319
You Can Find Out Exactly How Quicken and Money Differp. 319
In Money, Transactions Are Entered on Formsp. 320
You Can Use Quicken Keyboard Shortcuts in Moneyp. 320
Your Quicken Checks Are Good in Moneyp. 320
Quicken's Online Banking Services Are No Good with Moneyp. 321
Your Payee List Is Way, Way Too Longp. 321
Money Offers Help for Quicken Usersp. 321
Glossary of Financial Termsp. 323
Indexp. 327