Chapter 5: Getting Started with Accounts, Bills, and Paychecks

Setting up bills and deposits

When you enter your bills and deposits in Money, it allows Money to better calculate your cash flow, helps you to maintain your budget, and allows you to manage your finances better by alerting you of overdue bills or upcoming potential negative bank balances.

Entering information on a recurring bill 

Setting up a recurring bill only takes a few moments, and it makes paying bills much easier.

1. Click Bills.

   If this is your first time setting up a bill, the Welcome to Bills page will appear.

2. To enter all of your bills, click Bill Calendar.

- or -

1. Click Bills.
2. Click New, and then click Bill.
3. On the Create a recurring bill page, enter the required information about the bill you want to schedule.
4. Click OK. The new bill will appear on the Bills summary page.

	Tip
	If you have already entered a payment in your account register and you want to make it a recurring bill, right-click the item, and then click Make Recurring. Check to make sure the information is correct, and then click OK.

If a bill is always for the same amount and is set up to be automatically paid by an electronic debit from your account, you can select Automatically enter transaction into my register the following number of days before the payment due date when setting up the bill. Money will automatically enter the debit every time it occurs. This is particularly helpful for car and house loan payments, and when you have established an automatic payment plan with your loan company.

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