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WHICH ACCOUNTS ARE SETUP?SubjectSubjectSubjectSubjectSubject DescrDescrDescrDescrDescriptioniptioniptioniptioniption
Money: A User’s Guide: The Sunday Times 9780008308315: Money: A User’s Guide: The Sunday Times
Portfolios, Accounts andInvestmentsTo use Money's Investment features successfully, youshould understand the difference between ‘Accounts’,‘Investments’ and ‘Portfolios’ in Money.
AAAAAdvdvdvdvdvancedancedancedancedanced: In advanced mode, you will see acomprehensive list of links to various types of reports.These types include Income and Expenses, Assets andLiabilities, Tax Reports, Investment Reports,Comparison Reports, available Monthly reports andyour Favourite Reports. Cleared Column In the Cleared Column, ‘C’ in theAccount Register, you will see an ‘E’for items added or matched totransactions on an Online Statement.These will change to an ‘R’(for Reconciled) when you balanceyour account. Investing To play the market without spending,add investments to the ‘Investmentsto Watch’ account. You can see howthe shares perform in the Portfolio.This will not alter your Net Worth orother accounts in Money. Now, everyone’s journey will be different, but we all have the very same opportunity to get better at looking after our money. I hated reading this, but it was good for me. Like, I am glad to have read it—but didn’t really enjoy it.
Money: A User’s Guide – HarperCollins Money: A User’s Guide – HarperCollins
Transfers betweenaccounts. The transfers ofmoney between accounts,such as from a Currentaccount to a Credit Cardaccount, cannot be assignedto a category. Now follow the onscreen in-structions. These will varydepending on the servicesoffered by your bank. Con-tinue to follow the on-screenprompts until the setup iscomplete.
So when you need to know how you’re doingfinancially, go to the Money Reports centre and takea look at your options.