The ability to track I.O.U.s in MoneyWell is already on the planned feature list. Thanks!
Peace, Kevin Hoctor No Thirst Software LLC http://nothirst.com Sent from my iPhone On May 29, 2009, at 4:24 AM, Oleg Iavorskyi <oleg.iavors...@gmail.com> wrote: > > Thank you for reply. Maybe for this particular case it will work but > in case I'd need to change money flows due to overtaking from "Dining > Out" bucket it would be really hard to remember to move money back to > the original bucket. > > In any case I think that owing money shouldn't be threated as income > or expense. I didn't really eat out for two persons moreover I do need > to know that I still have this money as my asset regardless of where > they physically is. I think of them more like transfers and in other > application I've modeled them as transfers too - from my checking > account to special personal account "John Doe", for example. This way > I could see our interpersonal balance with "John" - either negative, > when I have to return credit, or positive, when I should get them > back. > > In MW we have buckets which complicates such interaction. Let's think > about how in 1931 people owe money. There was no envelope signed like > "Owe to others" as one couldn't plan for this. Usually it was money > left in other envelopes or some savings. But how did these people know > that money wasn't spent but rather "blocked" for some time? They > should write it down somewhere! However MW doesn't provide such > capability or I'm not smart enough to figure this out :). > > So the ultimate question is how to block some amount of money from > being available for spending? It's not about setting start date for > money flows. It's about having "outside buckets" where you could put > and get money but these operations don't mean income or expenses. Such > paradigm will solve not only problem of tracking interactions with > other persons but also tracking of savings. > > Seems that I came up with kind of feature request :) However I > understand that after yesterday's emails hell this may just be not the > best time to post it. > > On 29 май, 01:42, Lance <goo...@lancegeiger.com> wrote: >> On May 28, 2:35 pm, Oleg Iavorskyi <oleg.iavors...@gmail.com> wrote: >> >>> Hi! >> >>> I'm new to MoneyWell but one day of evaluation was enough for me to >>> decide that it completely fits my needs. The only problem I see is >>> absence of straight instructions on how to handle interpersonal >>> financial interactions in the application. >> >>> I owe money from other people and they owe money from me quite >>> often. >>> I'd like to track such transactions in MW (they are cash only most >>> of >>> the time). Problem is how to do this "correctly" mixed with buckets >>> paradigm. I hope next example scenario will help you to understand >>> my >>> problem better. >> >> I would recommend assigning the entire credit card transaction to >> your >> "Dining Out" bucket. When your colleague pays you back, you can >> manually enter a "deposit" into your cash account and also assign >> that >> to the "Dining Out" bucket so it gets credited back the amount you >> lended out. >> >> -Lance > > --~--~---------~--~----~------------~-------~--~----~ 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 no-thirst-software@googlegroups.com To unsubscribe from this group, send email to no-thirst-software+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
