Thanks so much for the reply! It is VERY much appreciated! So let me see if I understand this correctly...
Basically, what I should do is set my cash flow date for 3/1/09 and just wait until then to use any of the allocate income features. I have all my accounts reconciled and in order in MW for the time being. Is it not really a good idea to attempt to start the cash flow for 2/1/09? TIA, txcrew On Feb 22, 12:48 pm, Kevin Hoctor <[email protected]> wrote: > On Feb 22, 2009, at 11:19 AM, txcrew wrote: > > > > > Hi everyone! > > > So after looking at the videos and reading the tutorials several > > times, I'm still looking for the, "ah ha!" moment here. It seems like > > a very gentle learning curve and every time I believe I'm getting a > > grasp of it, turns out I'm not. > > > I've set my starting cash flow date to 12/1/08. For the first > > allocation, I wish to mannually perform it reason being for the past > > few months, I have over spent my spending plan...by a lot. So for the > > month of December 2008, I show some buckets at: > > > Bucket 1: ($327.02) > > Bucket 2: $434.00 > > Bucket 3: ($60.73) > > Bucket 3: ($5.60) > > You're problem is that you are an overachiever! You don't need to go > back and historically allocate income and try to manage past cash > flow. It's important to make sure all your transactions, past and > present, are assigned to buckets but the cash flow tracking only needs > to be current. > > > Please also note that each of these dollar amount labels are shown in > > gray and not color coded. So I tried to manually allocate income by > > dragging 'income 1' onto 'bucket 1' and I specify that I would like to > > flow $327.02 into the bucket. It shows that there was a flow into the > > bucket in the moneyflows window, but there was no change reflected in > > the buckets pane. I still have $817.20 in 'income 1' and ($327.02) in > > 'Bucket 1'. > > The reason those amounts are gray is because they are occurring prior > to your cash flow start date so they are reporting historic > transaction totals instead of your cash flow. > > > The only thing that did change was the money I have left over for > > January. > > > Am I doing this correctly? Where should I be seeing a change? > > Here's what I think you should do at this point. Restart your cash > flow tracking as of March 1, 2009. For that date, add up your > available cash for spending (this usually is your balance on your > checking accounts less any pending transactions like checks or > transfers) and use that as the amount to seed your Salary or primary > income bucket. Then you can allocate that income properly in March and > see how your spending works. > > Peace, > > Kevin Hoctor > [email protected] > No Thirst Software LLChttp://nothirst.comhttp://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 -~----------~----~----~----~------~----~------~--~---
