I have used MoneyWell for the past five months and really like the design and cash flow concepts. Great work Kevin!
I have one area where I would like your (or the user community) advice and this deals with an area I call accruals. The concept is that we all have expenses that do not occur regularly but need to be in our budget. Examples would be automobile, landscaping, medical, and other expenses. I initially defined a monthly amount in my spending plan that flowed to the appropriate expense bucket. This works and the flow of non-used expense money to the next month would handle the so called accrual. What I found dangerous was the temptation to move this money to other buckets which would not leave enough money when the actual expense occurred. My second attempt was to create income buckets where I would then allocate the accrual amounts leaving the expense accounts for the actual expenses when they occurred. I would transfer money from the income accrual to pay the expense. This works well but I had to create split transactions for all the accrual accounts when income was deposited in the bank. I defined my income transaction as repeating every month but it doesn't look like the application wants to repeat split transactions (only the master transaction amount). Is it possible to repeat split transactions? Do you (or anyone in the community) have an approach for allocating income into a holding bucket (accrual) and then transfer this to an actual expense when the expense occurs? --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
