Okay, I think I understand the system better in terms of how it is supposed to work. You have to allocate income twice a month, once for the first half and once for the second half. I still don't understand the issue I wrote about above, though:
If I open the sample document, make a big salary transaction to put some money into income, and then click allocate income with the menu set to first half, it will dutifully put $150 into groceries (set to 300/month, All Month). If I do it again (still set to First Half), it will put 75 into groceries. Next time: 38, then 19, etc. What is the logic here? Also, I was trying to allocate funds to January. It seems like there is no way to have an allocation happen in the past. I had to manually edit each money flow to set the correct date for it. Is that correct? Thanks; I love the great support on this forum! -Dave On Feb 25, 8:53 pm, Kevin Hoctor <[email protected]> wrote: > On Feb 25, 2009, at 4:57 PM, Dave Hirsch wrote: > > > So, I've watched the tutorials and am following the instructions. > > I've got all my transactions since 1/1/09 entered (I've decided to > > have everything start on 1/1/09). I've entered my spending plan. Now > > I'm trying to allocate income. When I go to the Allocate Income > > window, and Save Allocation, then I see funds put into buckets. Good. > > > Now something weird: If I go to Allocate Income again, it puts more > > income into buckets (but only half as much as the first time). I can > > keep doing this, and the amounts get cut in half each time, until they > > are small. What is the logic behind that? > > Hi Dave, > > If MoneyWell thinks that it's the first half of the month, it will try > to partially fill the buckets. If you change it to the second half > (use the option on the Allocate Income panel) setting, MoneyWell will > fill the buckets completely. > > > Second question: I'm sure I'm misunderstanding something. What I'm > > trying to do is to fill up the buckets for all of January; then, I > > will go through January's expenditures so as to empty out (some of) > > those buckets. What is the best way to do this? > > I'm not sure I fully understand your question so ask again if my > answer is wrong. > > Your allocation/spending cycle should run just like you run your cash > flow. In other words, if my mortgage is due at the beginning of the > month and I use my paycheck from the end of last month to fund it, > I'll make sure that bucket is the highest priority on my Allocate > Income panel and I'll set the timing on it to "First Half" of the > month so it fills my Mortgage bucket completely so I can pay that > bill. You do that for all your buckets. Set their priority and timing > so they get filled at the right time of the month so you have money in > them to spend at that time. Does that help? > > 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 -~----------~----~----~----~------~----~------~--~---
