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Budgeting by month - Money 2007
I would like to be able to budget an amount for a specific month, instead of
simply listing it as yearly, and it get broken up 12 times. For example, I know I have a $120 termite bond that comes due in Apr. Instead of this showing up as $10 every month, I would rather it only show as $120 in Apr. Am I missing something when setting up a budget? All help would be greatly appreciated. |
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RE: Budgeting by month - Money 2007
No, you aren't missing something.
Money may be. "Brad" wrote: > I would like to be able to budget an amount for a specific month, instead of > simply listing it as yearly, and it get broken up 12 times. For example, I > know I have a $120 termite bond that comes due in Apr. Instead of this > showing up as $10 every month, I would rather it only show as $120 in Apr. > Am I missing something when setting up a budget? All help would be greatly > appreciated. |
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Re: Budgeting by month - Money 2007
> "Brad" wrote:
> >> I would like to be able to budget an amount for a specific >> month, >> instead of simply listing it as yearly, and it get broken up >> 12 >> times. For example, I know I have a $120 termite bond that >> comes >> due in Apr. Instead of this showing up as $10 every month, I >> would >> rather it only show as $120 in Apr. Am I missing something >> when >> setting up a budget? All help would be greatly appreciated. Dick Watson wrote: > No, you aren't missing something. > > Money may be. I am curious about how Money handles budgets. I did a very simple - and probably, incomplete - test. But, I was able to tell Money (2007 Deluxe) that I wanted to manually enter budget amounts for each of the twelve months of the year. Then I successfully entered a single amount for one month, leaving all the other eleven month's budgets as zero. When I displayed the budget for the year (Annual Budget), Money showed the amount I entered for the month I designated, and the other months as zero ... as I intended. Am i missing something? -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup |
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Re: Budgeting by month - Money 2007
My experience has been--and I haven't retested this recently--that even
though it shows the amount in one month when it goes to apply/report the variance it will assume 1/12 of that amount in every month and report a variance under in 11 months and a huge overspend in the twelfth. Again, I haven't retested this recently--as in not with M+ or maybe even M07. YMMV. "John Pollard" <invalid@invalid.com> wrote in message news:%23he5l4u4IHA.3784@TK2MSFTNGP06.phx.gbl... > I am curious about how Money handles budgets. > > I did a very simple - and probably, incomplete - test. But, I was able to > tell Money (2007 Deluxe) that I wanted to manually enter budget amounts > for each of the twelve months of the year. Then I successfully entered a > single amount for one month, leaving all the other eleven month's budgets > as zero. When I displayed the budget for the year (Annual Budget), Money > showed the amount I entered for the month I designated, and the other > months as zero ... as I intended. > > Am i missing something? |
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Re: Budgeting by month - Money 2007
Dick Watson wrote:
> My experience has been--and I haven't retested this > recently--that > even though it shows the amount in one month when it goes to > apply/report the variance it will assume 1/12 of that amount > in every > month and report a variance under in 11 months and a huge > overspend > in the twelfth. > Again, I haven't retested this recently--as in not with M+ or > maybe > even M07. YMMV. My Annual Budget report reflects correct values for Budgeted, Actual, and Difference for all twelve months as well as the Total, for the category to which I assigned a single budget amount for one month. Maybe the bug has been fixed. -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup |
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Re: Budgeting by month - Money 2007
Hi guys,
I use Money '06, and am trying to learn it myself....but, in setting up budgets, it looks like you can create an expense and set it to "Custom" instead of "recurring". Then, just pop the $130 expense in whatever month you'll need to pay it, and Money will not split it up....you'll have 11 months with ZERO expense in your Termite category, and one month with a $130 expense. That's what it looks like to me....let me know if this works for you. tx sean "John Pollard" wrote: > Dick Watson wrote: > > My experience has been--and I haven't retested this > > recently--that > > even though it shows the amount in one month when it goes to > > apply/report the variance it will assume 1/12 of that amount > > in every > > month and report a variance under in 11 months and a huge > > overspend > > in the twelfth. > > Again, I haven't retested this recently--as in not with M+ or > > maybe > > even M07. YMMV. > > My Annual Budget report reflects correct values for Budgeted, > Actual, and Difference for all twelve months as well as the > Total, for the category to which I assigned a single budget > amount for one month. > > Maybe the bug has been fixed. > > -- > > John Pollard > First initial underscore Last name at mchsi dot com > Please reply to newsgroup > > > |
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