Tuesday, February 21, 2006

Update to 'Archiving Microsoft Money Data Files' article (66)

I installed Money 1.0 today, to take a look at it, and produce some screenshots so it would be possible to see how things have changed in the various versions of Money.

I noticed it had the 'archive' function. What didn't surprise me too much, is that it was the same as the current archive functionality in Money 2006.

Because it was a first version of Microsoft Money, it had a definition of what archive is all about - possibly later versions do in their help, but this was pretty clear, and so the FAQ article has been updated to say what archive is first, before suggesting you don't use it :-)

When you archive your file, Microsoft Money backs up the complete file for archival reference, and then removes old transactions from your current file to keep it to a manageable size.

When you remove old transactions from the current file, it will be easier to work with because you work with a smaller number of transactions in your accounts. The transactions that remain are those you are currently working with, and the starting balance of each account in the Account Book is automatically updated to adjust for the deleted transactions.

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