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Old 01-11-2007, 04:00 PM
Dick Watson
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Default Re: Cash Flow and Trended Items - do you use?

Glad I could help. Thanks for the feedback.

Money: There's something in if for 60% of everyone...

"Cristof Falk" <c-r-i-s-t-o-f-f[at]c-h-a-r-t-e-r.-n-e-t> wrote in message
news:CE166AA7-96F7-4608-A5D2-C817E00620A3[at]microsoft.com...
- quote -

> Thanks for sharing your approach. I like that; it gives exposure to those
> regular, non-bill items, yet doesn't fill your cash flow with items set to
> a specific date that will almost certainly be wrong.
> And I do like the 60% budget. Previously I was using the advanced budget
> in earlier versions, but this one is closer to the way I manage my
> financial picture.



  #1  
Old 01-11-2007, 01:20 PM
Cristof Falk
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Default Re: Cash Flow and Trended Items - do you use?

Thanks for sharing your approach. I like that; it gives exposure to those
regular, non-bill items, yet doesn't fill your cash flow with items set to a
specific date that will almost certainly be wrong.

And I do like the 60% budget. Previously I was using the advanced budget in
earlier versions, but this one is closer to the way I manage my financial
picture.

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:eYH0r1yMHHA.1008[at]TK2MSFTNGP06.phx.gbl...
- quote -

> I do not use trended items in FCF. Part of the reason I do not is that the
> one account I really manage the cash flow in doesn't pay many of the
> categories that are trended. It just pays the cards we use pretty much
> exclusively for the categories where trending might be helpful. For those
> cases, I schedule (hence use in forecast cash flow) an "average" (weighted
> toward the conservative side) monthly balance for the transfer. If I know
> I'll be way off in a given month, I'll edit the next specific occurrence of
> the transfer up or down as appropriate so that FCF will still be reasonably
> predictive.
> Not many people have confessed to using the 60% Budget. Congratulations.
> "Cristof Falk" <c-r-i-s-t-o-f-f[at]c-h-a-r-t-e-r.-n-e-t> wrote in message
> news:91A3EEAC-45C3-46CC-BCCF-F8F0AF2D9074[at]microsoft.com...
> > Do you find the Trended Items feature of the Cash Flow to be useful? So
> > far I have been moving all these to my Cash account and only showing my
> > primary checking account, because it seemed like they would rarely be
> > correct, but I think I'm not managing my money correctly as a result, and
> > am getting into shortfalls. So do you believe MS set this up as a good
> > feature, or is there an alternate way?
> > > I use the 60% budget Budget feature in M2007, if that matters.


 
Old 01-08-2007, 01:03 PM
Dick Watson
Guest
 
Posts: n/a
Default Re: Cash Flow and Trended Items - do you use?

I do not use trended items in FCF. Part of the reason I do not is that the
one account I really manage the cash flow in doesn't pay many of the
categories that are trended. It just pays the cards we use pretty much
exclusively for the categories where trending might be helpful. For those
cases, I schedule (hence use in forecast cash flow) an "average" (weighted
toward the conservative side) monthly balance for the transfer. If I know
I'll be way off in a given month, I'll edit the next specific occurrence of
the transfer up or down as appropriate so that FCF will still be reasonably
predictive.

Not many people have confessed to using the 60% Budget. Congratulations.

"Cristof Falk" <c-r-i-s-t-o-f-f[at]c-h-a-r-t-e-r.-n-e-t> wrote in message
news:91A3EEAC-45C3-46CC-BCCF-F8F0AF2D9074[at]microsoft.com...
- quote -

> Do you find the Trended Items feature of the Cash Flow to be useful? So
> far I have been moving all these to my Cash account and only showing my
> primary checking account, because it seemed like they would rarely be
> correct, but I think I'm not managing my money correctly as a result, and
> am getting into shortfalls. So do you believe MS set this up as a good
> feature, or is there an alternate way?
> I use the 60% budget Budget feature in M2007, if that matters.



  #-1  
Old 01-08-2007, 12:51 AM
Cristof Falk
Guest
 
Posts: n/a
Default Cash Flow and Trended Items - do you use?

Do you find the Trended Items feature of the Cash Flow to be useful? So far
I have been moving all these to my Cash account and only showing my primary
checking account, because it seemed like they would rarely be correct, but I
think I'm not managing my money correctly as a result, and am getting into
shortfalls. So do you believe MS set this up as a good feature, or is there
an alternate way?

I use the 60% budget Budget feature in M2007, if that matters.

Thanks!

 

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cash, flow, items, trended
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