On Apr 3, 2009, at 9:26 AM, glooft wrote:

> I am still a MoneyWell newbie. I started using it on March 1. I set my
> Cash Flow Start Date to March 1 and proceeded to blow my spending plan
> out of the water last month.
>
> I am starting fresh with a new spending plan and a new Cash Flow Start
> Date of April 1. Now I have a transaction from last month that is
> causing trouble. I got tax money back from the IRS and from the State
> of New York. I created an Income bucket called Other Income and put
> that money in there. From that money I paid my accountant his fee of
> $300 which I put in my Professional Fees expense bucket.
>
> Now that I have set my new Cash Flow Start Date, all of my buckets are
> zeroed out except my Professional Fees expense bucket which is $300 in
> the green. So why is this happening? This transaction was on March 19.
> Also, my Other Income bucket is negative $300.
>
If you allocated money to this bucket in April but paid the bill in  
March, then you'll show a positive amount in it because you told  
MoneyWell to ignore anything before April 1. Make sure both of those  
happened in March and you'll be fine.

> I guess a tax refund isn't really income and it should have gone to
> savings. However, I wanted to pay my accountant of the refund I got.
> Not out of Salary since I had not budgeted for a $300 fee.
>
It is income and you did this correctly. Just check the dates on the  
money flow (click the bucket and look at the flows on the Bucket  
Detail to the right).

> I tried simply deleting the Other Income bucket but MW will not delete
> it. How can I go about correcting these issues?
>
Don't delete the bucket, just try my other suggestions first. If you  
still can't figure it out, please send your MoneyWell document to me  
directly at [email protected] and I'll help more.

> I obviously have yet to truly grasp the MW concept. Would love to see
> a real manual or wiki or something like that.


More of this is being documented on our website. I think you'll like  
it better than a manual that is always out of date because of our  
continual releases.

Peace,

Kevin Hoctor
[email protected]
No Thirst Software LLC
http://nothirst.com
http://kevinhoctor.blogspot.com


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