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  #7  
Old 11-04-2007, 11:04 PM
murrayian
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Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

On Nov 3, 11:30 pm, "Chris Cowles" <spam_mag...[at]remove-me-
bellsouth.net> wrote:
- quote -

> "murrayian" <murray...[at]hotmail.com> wrote in message
> news:1194143771.129924.129710[at]57g2000hsv.googlegroups.com...
> > My problem is that items in my budget, like groceries, which aren't
> > scheduled bills, don't seem to have any impact on the Cash Flow
> > Forecast. Isn't it supposed to take these budget items into
> > account?

> If using the S&S budget, no. If using Advanced Budget, go to Cash Flow
> Forecast and adjust the settings. There's an option to include budget
> amounts. Those budget amounts affect only accounts designated in the
> details of each affected category.
> Except items drafted directly from checking, I have almost all
> categorized linked to my primary credit card. I use it for everything
> possible and pay it off monthly. I scheduled an estimated bill for
> that purpose.
> To test my cash flow forecast, I display the credit card and checking
> account. If I estimated credit card payment is reasonably, the credit
> card balance is approximately flat, on average. I adjust the scheduled
> payment amount to make it so. Once done, I exclude the credit card and
> show only my checking and major savings account. The effect is the
> checking account shows only scheduled bills, including the payment to
> my primary credit card. That works well for me.
> --
> Chris Cowles
> Gainesville, FL


Hi Chris, thank you for the help. That sounds like a nice method you
have devised to accurately show your cash flow. I couldn't trust
myself to use a credit card that responsibly - credit card debt is one
of the reasons I need Money to help me now! I did try the Advanced
Budget, but I find the way category spending is averaged over the
forecast period (showing expenditures on groceries, for example, every
few days or every week) is not very helpful. I think I will stick to
just having the cash forecast project my scheduled deposits and bills,
and know that an increasing bank balance means I can still eat and go
out for lattes occasionally.

By the way, for those who don't know, the new Money Plus doesn't show
the option of creating an Advanced Budget, only Essential and Saving
and Spending budgets. The Money Plus help says you can use an
Advanced Budget created in an earlier version, but new users only have
the option of creating the other 2. However, someone (was it you?)
posted that if you enter money://navigate/newadvbgt in the address
bar at the top, you can indeed create a new Advanced Budget using
Money Plus if you are a new user.

Ian Murray

  #6  
Old 11-04-2007, 03:30 AM
Chris Cowles
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Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

"murrayian" <murrayian[at]hotmail.com> wrote in message
news:1194143771.129924.129710[at]57g2000hsv.googlegroups.com...
- quote -

> My problem is that items in my budget, like groceries, which aren't
> scheduled bills, don't seem to have any impact on the Cash Flow
> Forecast. Isn't it supposed to take these budget items into
> account?


If using the S&S budget, no. If using Advanced Budget, go to Cash Flow
Forecast and adjust the settings. There's an option to include budget
amounts. Those budget amounts affect only accounts designated in the
details of each affected category.

Except items drafted directly from checking, I have almost all
categorized linked to my primary credit card. I use it for everything
possible and pay it off monthly. I scheduled an estimated bill for
that purpose.

To test my cash flow forecast, I display the credit card and checking
account. If I estimated credit card payment is reasonably, the credit
card balance is approximately flat, on average. I adjust the scheduled
payment amount to make it so. Once done, I exclude the credit card and
show only my checking and major savings account. The effect is the
checking account shows only scheduled bills, including the payment to
my primary credit card. That works well for me.
--
Chris Cowles
Gainesville, FL


  #5  
Old 11-04-2007, 01:36 AM
murrayian
Guest
 
Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

On Oct 27, 2:33 pm, J Leatherwood
<JLeatherw...[at]discussions.microsoft.com> wrote:
- quote -

> I've noticed this issue for months. Payments scheduled by the Debt Repayment
> Planner do not appear in Cash Flow Forecast.
> Unfortunately, the solution you mentioned doesn't work for me. Anyone else
> have any ideas?
> "Chris Cowles" wrote:
> > Never mind. Found the problem. I had been playing with the DRP,
> > adjusting payoff dates and total amounts. I also moved an account in
> > and paid another off. In the process I never went to the final screen.
> > That apparently is necessary to get the plan to register in CFF. That,
> > despite the fact the payments appeared in bills.
> > My checking balance growth rate no longer approaches vertical. Sigh.
> > --
> > Chris Cowles
> > Gainesville, FL- Hide quoted text -

> - Show quoted text -


I have been using the Deluxe trial for about a week, and I am not
having this issue. I have 4 debts managed by the Debt Reduction
Planner, and they are all showing up in the Cash Flow Forecast. My
problem is that items in my budget, like groceries, which aren't
scheduled bills, don't seem to have any impact on the Cash Flow
Forecast. Isn't it supposed to take these budget items into account?
Thank you.

  #4  
Old 10-28-2007, 09:09 PM
Chris Cowles
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Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

"J Leatherwood" <JLeatherwood[at]discussions.microsoft.com> wrote in
message news:841FA0E6-00D3-42B7-9C45-4DBDE1EFBE19[at]microsoft.com...
- quote -

> I'm using Saving & Spending Budget with Money 2007 Home & Business.

I don't think scheduled bills appear in cash flow forecast if using
the S&S Budget. I may be wrong.
--
Chris Cowles
Gainesville, FL


  #3  
Old 10-28-2007, 04:04 PM
J Leatherwood
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Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

I'm using Saving & Spending Budget with Money 2007 Home & Business.


"Chris Cowles" wrote:
- quote -

> Which budget type are you using?
  #2  
Old 10-28-2007, 12:05 AM
Chris Cowles
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Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

"J Leatherwood" <JLeatherwood[at]discussions.microsoft.com> wrote in
message news:C53EB023-DA3B-41AF-AF76-C12CABF9B8BE[at]microsoft.com...
- quote -

> I've noticed this issue for months. Payments scheduled by the Debt
> Repayment
> Planner do not appear in Cash Flow Forecast.
> Unfortunately, the solution you mentioned doesn't work for me.
> Anyone else
> have any ideas?


Which budget type are you using?


  #1  
Old 10-27-2007, 06:33 PM
J Leatherwood
Guest
 
Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

I've noticed this issue for months. Payments scheduled by the Debt Repayment
Planner do not appear in Cash Flow Forecast.

Unfortunately, the solution you mentioned doesn't work for me. Anyone else
have any ideas?


"Chris Cowles" wrote:
- quote -

> Never mind. Found the problem. I had been playing with the DRP,
> adjusting payoff dates and total amounts. I also moved an account in
> and paid another off. In the process I never went to the final screen.
> That apparently is necessary to get the plan to register in CFF. That,
> despite the fact the payments appeared in bills.
> My checking balance growth rate no longer approaches vertical. Sigh.
> --
> Chris Cowles
> Gainesville, FL


 
Old 10-22-2007, 04:09 AM
Chris Cowles
Guest
 
Posts: n/a
Default Re: Debt Planner scheduled payments not in cash flow forecast

"Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message
news:OOdTSBGFIHA.3400[at]TK2MSFTNGP03.phx.gbl...
- quote -

> Not believing that, I looked for potential errors and found it. The
> DRP payments the checking account are NOT included in the cash flow
> forecast.
> Can anyone replicate that problem?


Never mind. Found the problem. I had been playing with the DRP,
adjusting payoff dates and total amounts. I also moved an account in
and paid another off. In the process I never went to the final screen.
That apparently is necessary to get the plan to register in CFF. That,
despite the fact the payments appeared in bills.

My checking balance growth rate no longer approaches vertical. Sigh.
--
Chris Cowles
Gainesville, FL


  #-1  
Old 10-22-2007, 04:01 AM
Chris Cowles
Guest
 
Posts: n/a
Default Debt Planner scheduled payments not in cash flow forecast

Can someone having scheduled bills from the debt reduction planner
look in their cash flow forecast for the account from which those are
paid, to see if the debt payments appear in the list of transactions?
I have 2 accounts for which the DRP is managing payments. Both are
paid from checking. That checking account includes payments to my
primary credit card, to which almost all categories are attributed in
the budget.

The cash flow forecast includes budget items and scheduled bills,
including the payment to the credit card. When I include the credit
card, the average balance of the card is flat. From that I infer my
estimated monthly payment is correct. Assuming all other scheduled
bills are correct, as well, my checking balance forecast should be
accurate. Lucky for me it's going nowhere but up.

Not believing that, I looked for potential errors and found it. The
DRP payments the checking account are NOT included in the cash flow
forecast.

Can anyone replicate that problem?

Thanks in advance.
--
Chris Cowles
Gainesville, FL


 

Tags
cash, debt, flow, forecast, payments, planner, scheduled
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