On Dec 2, 2008, at 9:10 PM, Greg wrote: > It sounds like a separate set of buckets is a solution for documenting > tax related transactions. > > I'm wondering what the intent of the program is for handling those tax > related transactions where only a percentage is tax related. For > example, if someone owns a at-home small business where a percentage > of their home rent is tax related (say 10%). Would the MoneyWell > solution then be to create two buckets - 1) Rent (tax related) 2) Rent > (not tax related), and change the spending plan so that 10% is > allocated to Rent (tax related) and then split transactions? > > Although this does increase the number of buckets, perhaps more > importantly, it may change how buckets are used. In addition to > handling purchases, a user now must consider their plans for tax- > related usage. Or, perhaps work-around would be ad-hoc transfers from > a 'main' bucket to the 'twin' (tax-related) bucket. > > What do you think is the easiest/cleanest way to handle split tax- > related transactions in the program? > > Thanks for your help,
Hi Greg, If you absolutely need to track this kind of detail, then creating a separate bucket and splitting the transactions is your best solution. Most of the time I don't do this though and simply do a quick calculation at the end of the year for taxes. I take my total mortgage and other related costs and multiply them by 10%. It's easier for me than trying to manage this throughout the year. Especially since it doesn't impact my cash flow. Peace, Kevin Hoctor [EMAIL PROTECTED] No Thirst Software LLC http://nothirst.com http://kevinhoctor.blogspot.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
