No, I did not have a bucket for the annual note payment.  It sounds
like I should do that, though.

Do I understand correctly that pending transactions in the current
month show up as deductions from the buckets?  So I should put credit
card payments in as pending transactions, both to remind me to make
them and to make sure I don't spend that money on something else in
the meantime?

Thanks again!

Lynne

Kevin Hoctor wrote:
> On Mar 1, 2009, at 10:57 AM, Lynne wrote:
>
> > First, thank you for the program, which looks like it will be much
> > more effective in keeping me on track with spending than quicken even
> > was.  I started using this in February and am starting to get this
> > figured out, I think.  So I was going to use a new cash flow starting
> > date of March 1, but it's not working as I expected.  I had cash on
> > hand, so I put that in the salary bucket as cash to spend.  But at
> > first, it showed multiple negative balances in the expense buckets and
> > zero in the salary bucket.  I closed the program and went back in, and
> > it then showed the cash on hand in the salary bucket, but negative
> > amounts in several buckets.  I reclosed and reopened the program
> > again, and it now shows a positive amount in the salary bucket for
> > cash on hand, and a negative amount in the debt repayment bucket,
> > which equals the amount of pending transactions I have for future
> > dates in March.  Is this last what it is supposed to do?  Any ideas on
> > why I had to close and reopen the program twice to get there?  I'm a
> > little concerned there's a bug on my system.
> >
> Hi Lynne,
>
> This may have happened because a new month has started and MoneyWell
> doesn't refresh the display properly until you quit and restart after
> the first of the month. I am working on fixing this.
>
> > Also, when I reconciled my checking account, one of the reconciled
> > transactions has an icon with 3 horizontal bars instead of a green
> > checkmark.  When I click on the transaction, it shows reconciled in
> > the status panel on the right.  What does the 3 bars mean?
> >
> That means that it's a split child transaction and really isn't part
> of the reconcile. The parent split is the one that shows up in the
> reconcile view.
>
> > And sorry for the basic questions, but can you tell me what the
> > difference is between cleared and reconciled in the status field?
> >
> Cleared is the status that is set when you direct download from the
> bank or import transactions. Reconciled is the one you set when you
> confirm that transaction matches up with your account statement. You
> really never have to deal with the Cleared status.
>
> > And, finally (!):  I have some cash on hand in my checking that I
> > wanted to put into savings with the intention of using it to make an
> > annual note payment later this year.  It's not really part of the
> > monthly spending plan, so do you all recommend just ignoring it?
>
>
> Do you have a bucket for this annual note payment? I like to allocate
> income to my annual tax buckets so I have the money to pay them once
> the time comes. You can transfer this money to savings once you
> allocate it, just remember to move it back prior to making the payment.
>
> Peace,
>
> Kevin Hoctor
> [email protected]
> No Thirst Software LLC
> http://nothirst.com
> http://kevinhoctor.blogspot.com
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