On Mar 29, 2009, at 12:15 PM, Daniel Shanahan wrote: > It seems that if I create a starting balance on any date prior to > the current month, that number does not stay in the salary bucket. > In other words, I can either have a starting date deposit which > starts on Jan.1, 2009 and that money will not be available in my > salary bucket OR I can have a starting date deposit which starts no > earlier than the beginning of the current month and that money will > be in the salary bucket. > > Similarly, when I imported transactions, I found that if the > transaction was from this month, it showed up as a deficit in the > appropriate bucket. However, if the date was prior to this month, > it did not show up in any bucket. I needed this deficit to display > so that I could allocate money from the salary bucket to the > appropriate bucket. When I changed the transaction date to this > month, it worked, leaving the correct amount in my salary bucket > (which is the total of my accounts). > > To compensate for this behavior I changed the transaction date to > the current month and added the actual transaction date in the memo > in brackets ([m/d/yy]). The status date also has the day it was > Reconciled. > > It may be worth noting that I only really needed to import a few > records, so this was not too laborious. Moreover, I still have my > original MoneyWell document in which the transactions are correct.
Yup, what Lance said! MoneyWell, at it's core, is just like any other accounting app, that it keeps track of all your transactions: deposits, checks you write, withdrawals. What this means is that if you really wanted to, you could use MW just like all those other apps, completely ignoring all those MoneyFlow deficits and surpluses you see next to all those income and expense buckets because MoneyFlows have no effect at all on your transactions. But we don't use MW that way because we want to make use of the MoneyFlow features for which MW is so fabulous. What you have described above means you haven't quite got MW setup properly for what you want. However, you really don't need to do the extra work you're wanting to do with MoneyFlows, but you can if you so chose. After a month is in the past and all those bills and expenses are already paid, you do not need to pretend you still have the money to pay those past expenses and that they haven't been paid yet. If you do MoneyFlows for past months, pretending is what you're doing. The transactions are already done, and their history is in your transaction register. What MoneyFlows are for is to handle your future spending for the bills that are coming due. You take the money that's still in your accounts (checking, savings, etc) and disperse it into buckets so you know the money is there to pay the bill when it comes due. It's also so late in March that you'd be better off just starting to keep track of MoneyFlows starting April 1. Terry Norton I started off with nothing...I still have most of it left. --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
