[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Simon Wolf
On 10 Nov 2008, at 16:18, Giorgio Valoti wrote: Hi all, I’m trying to understand reconciled transaction. The procedure is simple and clear but I can’t *why* should I use it. I mean: every month I receive the bank and the credit card reports and I simply input them. Should I consider these

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Kevin Hoctor
On Nov 10, 2008, at 10:18 AM, Giorgio Valoti wrote: I’m trying to understand reconciled transaction. The procedure is simple and clear but I can’t *why* should I use it. I mean: every month I receive the bank and the credit card reports and I simply input them. Should I consider these

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Bill Nalen
On Nov 10, 2008, at 9:28 AM, Kevin Hoctor wrote: I’m trying to understand reconciled transaction. The procedure is simple and clear but I can’t *why* should I use it. I mean: every month I receive the bank and the credit card reports and I simply input them. Should I consider these

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Simon Wolf
I’m trying to understand reconciled transaction. The procedure is simple and clear but I can’t *why* should I use it. I mean: every month I receive the bank and the credit card reports and I simply input them. Should I consider these transactions already reconciled? I don't plan on using

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Patrick Burleson
On Mon, Nov 10, 2008 at 10:32 AM, Bill Nalen [EMAIL PROTECTED] wrote: I don't plan on using the reconcile feature. I enter transactions as they occur and once in a while check that my MoneyWell checking account balance = my bank's web site balance (adjusted for the few outstanding checks that

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Greg
One trouble I'm having with moneywell is keeping track of cash transactions. Importing credit card and bank statements makes sense and is an easy way to upload this information and just put it into buckets. What is difficult for me is keeping track of cash transactions. Say I have $40 and

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Kevin Hoctor
On Nov 10, 2008, at 2:20 PM, Greg wrote: One trouble I'm having with moneywell is keeping track of cash transactions. Importing credit card and bank statements makes sense and is an easy way to upload this information and just put it into buckets. What is difficult for me is keeping track

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Bill Nalen
On Nov 10, 2008, at 1:31 PM, Kevin Hoctor wrote: Yes, you should have a Cash account and you should use the Cash only checkbox on the Transaction Detail or the C checkbox on the split transaction table for splits. Or do what I do and never carry cash. I use the debit card for everything

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Giorgio Valoti
On 10/nov/08, at 17:18, Giorgio Valoti wrote: Hi all, I’m trying to understand reconciled transaction. The procedure is simple and clear but I can’t *why* should I use it. I mean: every month I receive the bank and the credit card reports and I simply input them. Should I consider these

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread David Wu
i do as kevin suggests and keep a separate cash account. whenever i make an atm withdrawal, i transfer from checking to cash (which is what clicking the cash only checkbox does). when i'm out and about, i do my best to record (in my iphone's notes app) all my cash transactions and enter

[No Thirst Software] Re: Meaning of reconciled transaction

2008-11-10 Thread Kevin Hoctor
On Nov 10, 2008, at 2:52 PM, David Wu wrote: when i'm out and about, i do my best to record (in my iphone's notes app) all my cash transactions and enter them in later. to help reduce the note taking, i try to use my debit card instead of cash, as bill suggests. And this is why we are