![]() For years, we’ve heard that many Apple customers would prefer to drop Dropbox and sync using the iCloud Drive that was built-in to their Macs. It even works with PayPal and ! Moneydance+ accesses an order of magnitude more banks than Moneydance has ever supported, and we’re excited to roll it out initially for US and Canadian bank and credit card accounts, with EU, UK and investment support soon to follow. Now with a single click, you can seamlessly download all of your transactions from tens of thousands of banks and credit card accounts. Change log not available for this version Fix a bug when first creating up a custom color theme Split transactions can also include money transfers, if I uses a debit card with cash back there is a money transfer to the cash account included with the spending on that transactionīY using the Payee you can do reports like how much have I spent on Booze in Tesco in March.- When restoring a window's saved state, use the default size if the stored size is smaller than a certain threshold (for main windows this time) The key is setting the categories you want to track then using transactions(split if needed) to capture the spend categories into the actual transaction that will appear on a statement. ![]() Then when the CC bill gets paid there is a money transfer from the bank account to the CC The CC balance(negative) reflects the amount spent but not gone out as real cash yet. Single entry on the CC account as a spend but split transaction(meat, booze, other food, lottery ticket.) This separates the where the money is from the where the money is going(gone). Then run reports on categories as needed to get the expenses and budget tracking The account reporting give the overall picture of the net asset status and can do forecasting if future transactions are set up based on the budget part of MSM. The payment to the CC/cash accounts from the bank is a money transfer. Set up the CC as accounts I also have multiple cash accounts one per currency and one for each utility to track the credit/debit status.Įvery spend on these is categorised(split entry if needed), MSMoney can be set up to model the way money flows through the various accounts. Could the issue be with the way you are using Money? If an expense is in June and the transfer to reduce the balance is in July an expense report will still show the expenses as having occurred in June and will ignore the July transfer. from Money's POV, not classified as either an expense from the other account or a cash-like deposit to the CC a/c. ![]() You assign expenses to a credit card account as you go along and then pay down the balance with a transfer from another account i.e. I can't find an easy way of separating the 'expenses' from the 'cash movements' in MS Money especially when it comes to reporting. But of course, in terms of 'cash flow' only the 10% is in real-time, the other 90% (credit cards) is only once every month or so when I pay the bill. I have many credit cards that I manage 90% of my day to day spending, the other 10% via a bank debit card, or cash. However, I would much prefer to have an application that worked on proper accounting principles (double-entry book-keeping) to allow me to easily separate 'expenses' from 'cash'.Įg.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |