> > I've never thought about the fact > that the cleared date might need to override the transaction date when > calculating daily balances but after thinking about it, you could be > right. This might need to be changed.
Maybe this could be some kind of toggle switch in the Preferences Panel (e.g. "Show transaction date with: a. transaction date or b. clear date"). The phrasing is a bit awkward, but hopefully my illustration is helpful. Thanks. daniel On Thu, Mar 26, 2009 at 5:12 AM, Kevin Hoctor <[email protected]> wrote: > > On Mar 24, 2009, at 3:11 PM, Daniel wrote: > > > Also, while going through the process of getting the running balance > > to match, I began to wonder about the dates. As I understand it, in > > MoneyWell there are two dates: the transaction date and the status > > date. The transaction window shows the transaction date, which makes > > sense. Yet, what happens when I write a check to someone. Let's say > > I write the check on March 24, 2009 but it doesn't get cashed until > > April 3, 2009. In my transaction window, that transaction has a date > > of 3/24/2009 but the bank will mark that transaction as 4/3/2009. So, > > when I select that transaction in MoneyWell, my running balance will > > not match the running balance as kept by the bank. To match the > > balance, I will have to change the transaction date to 4/3/2009. At > > least, this is how I understand it. > > > > I use the status date to mark the date that it is cleared by the bank > > (i.e. what the bank marks as the transaction date), though it occurs > > to me that this date could be used to mark the date that I reconciled > > that transaction (so, if I reconcile three months of transactions in > > one sitting, all three months of transactions will have the same > > status date). > > > > Any thoughts or clarifications on these two dates? Do I understand > > them correctly? Also, any suggestion you can provide for getting my > > accounts and buckets to match up is greatly appreciated. > > > Hi Daniel, > > The transaction date and the cleared date are meant to give you > control over those two milestones. I've never thought about the fact > that the cleared date might need to override the transaction date when > calculating daily balances but after thinking about it, you could be > right. This might need to be changed. > > Normally, the scenario is that you wrote check three weeks ago so you > have to behave like that money is already gone from your account. This > means your daily balance better reflect it too but after that check > clears, everything changes. Now that check might have been written > last month but truly affects this months balances and not then. > > Let me work through this more and possible revise some code. Thanks. > > Peace, > > Kevin Hoctor > [email protected] > No Thirst Software LLC > http://nothirst.com > http://kevinhoctor.blogspot.com > > > > > -- Daniel Shanahan Oakland, CA 94610 --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
