On Mar 27, 2009, at 4:47 PM, Daniel Shanahan wrote: > Ugh! I'm getting more and more confused about my quandary. I've > spent the last 4 1/2 hours trying to get my MoneyWell account in > some kind of workable condition. I'm hesitant to do anything with > my original account now that I have this new deficit in my credit > card account. I'm not sure how it got there (it was something I did > while trying to "fix" my document), but I do know my credit card > balance is 0. > > The closest I was able to come was downloading transactions from the > beginning of the year from my bank account. This, of course, > imports into MoneyWell quite nicely. It is soooo close. The > account balance is correct; I have transactions from the beginning > of the year; Items are not allocated to buckets, but I can do than > manually. What I cannot do is get the salary bucket to have any > money in it. > > To illustrate, let's say that I have five accounts: a personal > checking account, a personal savings, account, a business checking > account, a credit card account, and a cash account. Furthermore, > let's say that I only have money in three accounts: personal > checking, personal savings, and business checking. The credit card > and cash accounts are 0 balance. For illustration purposes, let's > say I have $500 in each of these three accounts. I would like my > salary bucket - from which all other buckets get filled - to have > $1,000. I don't want the savings money ($500) to go to the salary > bucket because I want to save that money, not allocate it. However, > I don't seem to be able to do this. Very frustrating. > > As a number of people have given suggestions what they do when their > buckets have more money than their accounts I once again ask "How is > it possible to allocate more money than I have?" This seems to go > against the very essence of MoneyWell. > > In the end, I may end up taking Kevin's advice and starting fresh in > April (as an aside, I tried changing my computer's date to Jan. 1, > 2009 and then adding a starting balance on that date, but eventually > that strategy failed). I wish I could have a complete year in > MoneyWell, mostly for tax purposes. > > I'm also unclear why it is not possible to delete the data that is > in a bucket. This should not affect a transaction because it hasn't > been used for a transaction. It's just virtual money in a bucket. > > Ok... I'm done venting. I still like (really, really like) the > program and will continue with it. >
Daniel, It looks like Blair gave you advice that is working but I'd just like to clarify some issues: 1. You don't have to change your computer date to import transactions. You can have as much historic data as you'd like yet start you cash flow tracking over at any time without losing that. Your bank statements and past transactions are nice to have so you can see your spending trends. 2. To start fresh on April 1, 2009, you would simply add up the cash you have left to spend and use that as your starting cash flow amount. Just total your account balances from the end of day prior. Remember to exclude any savings or credit cards since those are typically not part of your available spending money. 3. If you have transactions history (point 1 above), then you can't just assign your starting balance transactions to your Salary bucket. Instead, use point 2 to set up your money to spend. Just know that you won't see that money as available to spend until April 1. Don't delete history just to try and fix cash flow please. Let me know if you have more questions. 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 -~----------~----~----~----~------~----~------~--~---
