On Feb 25, 2009, at 9:33 PM, Kevin Hoctor wrote:
> > On Feb 25, 2009, at 11:51 AM, Nordica wrote: > >> ok, so i can't seem to get my buckets to where i feel comfortable >> that >> they are accurate...starting with my Salary bucket. I've got my >> planned amounts in the buckets in the spending plan ready to go for >> the beginning of the new month...so, I assume all I have to do is >> update my Cash Flow Start Date to the last day of this month, find >> out >> what the balance of my checking acct is (plus uncleared transactions >> and available cash) and enter that as the Salary Income Bucket >> amount? Is that it? >> > Actually, you want to set your cash flow start date to the first of > March. You want to set your starting amount to the balance of your > checking account LESS any uncleared transactions PLUS any pocket cash. > The reason you need to reduce the amount by uncleared transactions is > that you have already spent that money but your account balance > doesn't reflect it. > that's what I meant..yes, less the uncleared transactions. thanks. >> btw, in that prompt window, it makes it sound like you can EITHER >> enter the start date OR enter a starting cash flow amount for a >> single >> income bucket...which would be better? i.e. when should i use one >> over >> the other? > > > You should set both of them. The only time the amount is optional is > if you really don't have any money available to spend or you primed > your main income bucket by assigning a starting balance transaction to > it if it occurred in the same month as your start date. > got it. thanks. Can't wait for the 1st to start anew with allocating buckets and hope it's right so i can have a trusted system ;) > Peace, > > Kevin Hoctor > [email protected] > No Thirst Software LLC > http://nothirst.com > http://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 -~----------~----~----~----~------~----~------~--~---
