On Mar 1, 2009, at 11:35 AM, Nordica wrote: > the day i've been waiting for has arrived...the first day of the > month. So, i update my starting cash flow date to today and the > starting cash flow amount to my current checking amount less any > outstanding transactions plus cash on hand...so now the question. > > What about credit card transactions? I know how to handle the > transactions (assign them to a bucket, then DO NOT assign the credit > card payment to a bucket,) but what about the transaction buckets? Do > I need to also subtract the transaction amounts for the allocated > bucket? For example, if i wrote a check for a transaction two days > ago, i would subtract that from my checking account (manually since it > hasn't cleared the bank yet), but what about if that same transaction > would have been from a credit card? it's not going to show on my > starting cash flow amount (or in the assigned bucket)? > > thanks for any help..
Since credit cards don't play into your available spending cash, don't worry about including them in your cash flow start amount or dealing with uncleared credit card transactions. Total your checking account balances LESS any pending transactions from those and go with that money. Peace, Kevin Hoctor ke...@nothirst.com No Thirst Software LLC http://nothirst.com http://kevinhoctor.blogspot.com --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
