Really appreciate the responses.

> That's why in MoneyWell, we show end of day balances. These should
> always match up to the bank and should help you reconcile your
> accounts. Just select a transaction for the day in question and look
> to see if that EOD balance matches your statement.

I was actually just looking for the EOD balance and didn't know the
term.  I didn't realize that the dated balance on the bottom changes.
Opps.  But now I know.

(As an aside, you might want to consider a grouping option in the
preferences, allowing all deposits for that day and all withdrawals
for that day to be clustered.  I was entering multiple transactions
that occured on one day, and it looked like this:

=--=--=--=--=--=--=--=--=--=--
- Withdrawal 1
+ Deposit 1
- Withdrawal 2
+ Deposit 2
+ Deposit 3
- Withdrawal 3
=--=--=--=--=--=--=--=--=--=--

These all had the same date.  It'd be nice if there was a setting that
auto-organized them as such (my bank always enters deposits first):

=--=--=--=--=--=--=--=--=--=--
+ Deposit 1
+ Deposit 2
+ Deposit 3
- Withdrawal 1
- Withdrawal 2
- Withdrawal 3
=--=--=--=--=--=--=--=--=--=--


> Auto reconcile is in MoneyWell but it's turned off right now. I'm  
> planning on turning it on after I test it a bit more to make sure it  
> doesn't confuse anyone.

I look forward to this.  :-)

> You should still be able to reconcile your  
> account very quickly because MoneyWell marks the downloaded  
> transactions as cleared and all you have to do is put in an ending  
> balance on a date. Then MoneyWell will give you and indicator to  
> "Check All" transactions and you'll be reconciled.

Hrmm...  I'll give it a try.

> > C) Tutorials: They all seem to be out of date.  Obviously the core
> > functionality has changed, but it makes me wonder what's correct and
> > what's not.
>
> Yes they are out of date and we're working to get new ones posted.  
> Hopefully they will start to appear next week. Sorry for any confusion  
> this may have caused.

Don't feel too bad.  a) You actually have tutorials, and b) They don't
suck.


> If you think of allocations as visually just putting money you've  
> earned into different buckets and spending out of those buckets, that  
> should help. If you want to go out to eat but your Dining bucket is  
> empty, you can take money from another bucket to fund that night out  
> and then you just have to cut back on that other expense. It's a way  
> to proactively make sure you don't go over your budget.

Great metaphor / working mental model.

> We are coming  
> out with an iPhone version that will let you make these decisions when  
> you are out and about as well.

Oh... Ah..


 - Jake Covert


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