Ok, I've managed to get things aligned, but something doesn't sit right with the way I did it.
What I basically did, was transfer an amount of money equal to what was overspent in my expense buckets from my savings account, registering this in an income bucket. I allocated the money to the expense buckets, and then transferred all of the money back to the savings account. I basically conjured up spendable money out of nothing. :S I'm confident that the fault lies with my bookkeeping and not with me actually overspending, but I'm still interested in finding out where my logic fails here. The one thing I've done that I'm unsure of, is this: every month, I transfer a fixed amount of money into my savings account, assigning it to the "Savings" expense bucket. However, this month I had to pull some money out of the savings account due to unforeseen expenses (that's what the savings account is there for after all). I transferred money from the savings account into the spending account assigning this transaction to the "Emergency dip into savings" income bucket, allocated the required amount of money to the "Unforeseen expenses" expense bucket and payed off the expense, registering this with the same expense bucket. Is this the right way to go about such a use of savings money? I'm feeling incredibly dense here, so if anyone could set me straight here, even pointing out the obvious, I'd be grateful. :S On Jun 7, 5:30 pm, HenrikWL <henrik.w.l...@gmail.com> wrote: > The thing is, there was no "starting balance" for the accounts. I > started using MW at the same time I changed banks, so all of my > accounts had zero balance in them. I guess the closest thing to a > "starting balance" transaction was the couple of deposits of money > that were transferred from my old bank, but the way I assigned these > to an income bucket was via the "Change money flow start date" and set > the starting cash flow amount there. > > I have tried setting this amount to zero and assigning the initial > transactions to income buckets, but the whole thing ends up exactly > the same. > > The only way I can think that this kind of thing has happened was if > we recieved cash that we forgot to register in Moneywell, but rembered > to register when we used them. And while we're on the subject of cash, > I have no way of knowing if the cash balance is correct. I find the > cash account to be impossible to keep track of, what with the two of > us (me and my wife) receving and spending cash from a number of > different sources, and with cash lying around the house, in pockets, > in the car, etc. :S > > But still, I would think that this lack of control would lead to the > opposite problem: that there was no money in our accounts, yet still > more to spend in our income buckets. :S > > Oh well. The amounts in question aren't vast, so I guess I could just > transfer them into the savings account (which is never available for > spending anyways) and then just pull the missing spendable amount back > into the spending account, registering the transaction in an income > bucket. > > On Jun 7, 3:58 pm, Patrick Burleson <pburle...@gmail.com> wrote: > > > > > On Sun, Jun 7, 2009 at 6:16 AM, HenrikWL<henrik.w.l...@gmail.com> wrote: > > > > Ok, there's weirdness. > > > > I currently find myself in the situation that all my expense buckets > > > are empty, yet I have money left on my spending accounts. All incoming > > > transactions to these accounts have been allocated to income buckets, > > > and all outgoing transactions have been allocated to expense buckets > > > (except transfers between them that have been purely administrative), > > > and to my mind, I should still have allocateable money so long as I > > > have money in my spending accounts. > > > > The account balances in MW match the account balances in my bank, so I > > > have not left out any transactions so far as I can see. > > > > Where do I even begin to investigate? > > > Check your "Starting Balance" transaction for the accounts and make > > sure they were assigned to an income bucket. That'd be my guess. > > > Patrick --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
