Personal Budget Management, how can manage?
I use Money 2001 Deluxe.
I operate a small Christian Preschool as a Sole Prop.
I use Money with a separate Personal Checking Account and separate Business
Checking Account.
I use the Budget option daily. While I do have Business Expenses listed in
my current budget, I would like to have a completely separate "Personal
Budget" and "Business Budget".
Can I set up a separate Business Budget? I would only use Business
Categories in the Business Budget so that when a transaction is entered in
my Business Checking account and it uses a business expense category it
would be deducted from the Business Budget, and when a transaction is
entered in my Personal Checking account it will deduct from those personal
categories in the Personal Budget..
Also, I use a separate Invoicing and Preschool Management programs, so I
don't really need invoicing from Money, especially after reading some of the
problems with this function. Since I don't need invoicing is there any real
benefit to switching to 2002 Business?
Unfortunately, no. MS D&B will not allow you to create a budget for
business expenses. This is about as rational as awarding Sharon and
Arafat the Nobel Peace Prize, but it is, nevertheless, true.