On Jan 12, 2009, at 3:07 PM, Jason wrote: > I searched the archives for a clear answer to this, and couldn't find > one. My wife and I are following the Dave Ramsey Envelope System > where we literally pull cash from an ATM and separate it into real > envelopes for dining, groceries, entertainment, etc. I know you can > click the "Cash Only" checkbox for ATM Withdrawals and they show up in > the Cash Accounts. But how do we track what money we put in what > envelopes? Is it better to split the ATM transaction that appears in > the Cash Account into individual buckets? Or go up and allocate money > flows to these buckets?
Hi Jason, Don't split the ATM transaction, use the "Cash Only" feature. This puts your cash into a Cash Account. When you spend your cash, enter all these transactions in the Cash Account and assign them to the bucket assigned to that expense. So if I go out to eat and pay cash, I create a new transaction while the Cash Account is selected and then I assign that transaction to my Dining bucket. Your planned amounts for your buckets apply to all your spending across all accounts so if you pay for dining with your Visa debit card, you would just assign that transaction from you checking account to that Dining bucket too. Make sure you set up your Spending Plan so you have limits on your buckets and Allocate Income to those buckets as well. Check out our video tutorials for more details and let me know if you still have questions. Peace, Kevin Hoctor No Thirst Software LLC [email protected] http://nothirst.com http://kevinhoctor.blogspot.com Check out our MoneyWell video tutorials: http://nothirst.com/moneywell/tutorials/ Join our user forum to learn about new releases: http://groups.google.com/group/no-thirst-software --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
