How do I get my spending plan to stop averaging all of the expenses for the entire year? The fundamental purpose of a budget is to be able to subtract expenses WITHIN A PARTICULAR TIME PERIOD (ie: month) from money that you had set aside FOR A PARTICULAR TIME PERIOD (ie" month). Unless I'm completely missing something, it appears that you cannot do this in MoneyWell. Allow me to explain why this is such a problem:
Let's say I have an expense category called Widgets that fluctuates greatly throughout the year. In my spending plan, I know that my expenses will be as follows (and have set them up accordingly in the spending plan) JAN: $10 FEB:$0 MAR:$0 APR:$0 MAY:$0 JUN:$5000 JUL:$100 AUG: $0 SEP:$20 OCT:$0 NOV:$1300 DEC:$0 Let's assume that it's January. If I have my frequency set up as "monthly," it tells me that I can spend (10+5000+100+20+1300)/12 = $536 in January, when in fact I want my bucket to be empty after I spend $10. After all, I set up my spending plan so that I will spend $10 in January. If I choose the "no plan," it gives me the full amount in January. This is even worse. It's as if Moneywell has no concern for the timing of cash flows, which is a fundamental purpose of a budget. How could I possibly know where I stand relative to my monthly budget if I'm getting and average instead of what is actually in the spending plan for that month? How do I account for irregular expenses (as seen in my illustration above) that do not occur in a regular sequence like monthly, b- annually, annually, daily, etc. PLEASE tell me I am missing a feature that does actually exist. I cannot find a frequency option that accounts for irregular cash flows (something that nearly every MoneyWell customer would have in at least one expense category). This software is a great idea, but not being able to have the buckets show what I put in my spending plan for a given month is a fatal flaw the renders this software utterly useless. Please advise. --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
