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| 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. |
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| 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. |
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| 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. |
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#-1
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| 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! |
| Tags |
| cash, flow, items, trended |
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