[moneydance] still working on setting up my MD accounts and have a few questions...tnx

[Yehudit Winiarz]

I have a few questions...if someone out there can help me, I'd be
greatful!

1. Is a CD an asset, investment, or bank account? Where do you enter
the interest rate for such an account?

2. If I want to have an expense for my savings (ie. I would put $X.XX
in from every paycheck or month) and I would want it to show up in my
budget, be deducted from my income and be credited to my savings
account. How can I accomplish this?

3. Do I need to mark all of my main accounts (checking, savings,
investments, loans, etc.) as children of the root account? What
happens if I don't?

4. I have a student loan I have been working on paying off. When I
set it up, is the principal, the total outstanding, or just the
principal? If just the principal, how does MD know how much interest
has accrued before July 1st? Which type of account is the 'interest
account' field for? What is an "Escrow Account", and is it applicable
here?

That's all for now, I'm sure I'll have more soon. Thanks and happy
July 4th!

Yehudit

-- 
The entire purpose of our existence is to overcome our negative habits.
- Vilna Goan, Commentary to Mishlei 4:13