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Old 03-14-2006, 01:42 AM
Chris Cowles
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Default Re: Allocate funds for annual expenses

<eric.willman[at]gmail.com> wrote in message
news:1142282612.501463.267780[at]j33g2000cwa.googlegroups.com...
- quote -

> If I create an expense in my budget that is "yearly" for say, $1200.
> Money automatically translates that into $100 per month on my monthly
> budget. At first, I thought, that's cool, now I can make sure to
> earmark $100 every month so I actually have the $1200 sitting there
> when its due. But, as far as I can tell, Money doesn't have a way to
> earmark that $100 that month. In fact, if I don't spend that $100 on
> that budget category, Money tells me that I have underspent that
> category for the month. Then, when I pay the $1200 bill, it tells me
> that that I have overspent by $1100! So, if I have an annual (or other
> non-monthly) expense, how do I allocate the monthly budgeted amount so
> that money understands that I'm setting that money aside, and doesn't
> complain when I pay the the full bill? Do I have re-allocate budget
> funds every month?


It will complain for a specific month. Look at an annual view for categories
of that nature.

In earlier versions, Money had separate 'irregular' and 'regular' expense
groups. That concept worked for me, but the current does, too. You just have
to know what it's telling you, what to pay attention to, and what to ignore.
--
Chris Cowles
Gainesville, FL



  #-1  
Old 03-13-2006, 07:43 PM
eric.willman@gmail.com
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Posts: n/a
Default Allocate funds for annual expenses

If I create an expense in my budget that is "yearly" for say, $1200.
Money automatically translates that into $100 per month on my monthly
budget. At first, I thought, that's cool, now I can make sure to
earmark $100 every month so I actually have the $1200 sitting there
when its due. But, as far as I can tell, Money doesn't have a way to
earmark that $100 that month. In fact, if I don't spend that $100 on
that budget category, Money tells me that I have underspent that
category for the month. Then, when I pay the $1200 bill, it tells me
that that I have overspent by $1100! So, if I have an annual (or other
non-monthly) expense, how do I allocate the monthly budgeted amount so
that money understands that I'm setting that money aside, and doesn't
complain when I pay the the full bill? Do I have re-allocate budget
funds every month?

 

Tags
allocate, annual, expenses, funds
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