Re: Future allocated money vs Budgets

to do a small part of > budgeting. > > Thanks and regards, > > Matt > > From: Mike or Penny Novack<mailto:stepbystepf...@dialup4less.com> > Sent: Monday, 5 February 2018 3:12 AM > To: gnucash-user@gnucash.org<mailto:gnucash-user@gnucash.org> > Subject: Re:

RE: Future allocated money vs Budgets

:12 AM To: gnucash-user@gnucash.org<mailto:gnucash-user@gnucash.org> Subject: Re: Future allocated money vs Budgets On 2/4/2018 1:21 AM, Christopher Lam wrote: > Looks nice. My main concern with these "shadow accounts" is that they will, > by default, be counted in the Net worth

Re: Future allocated money vs Budgets

On 2/4/2018 1:21 AM, Christopher Lam wrote: Looks nice. My main concern with these "shadow accounts" is that they will, by default, be counted in the Net worth reports, income reports, etc, and must be manually deselected every time. In my view budget allocations are technically "outside the

Re: Future allocated money vs Budgets

We're getting into nebulous, philosophical territory, but I'll take you up on your position. By putting cash into an envelope, it's allocated and is now an obligation. If you have made the decision to abide by the purpose of allocating monies to envelopes, then you understand that the cash

Re: Future allocated money vs Budgets

If the money is physically divided into envelopes, or left in some bank account and ‘segregated in place’ then it IS an asset. If this allocation is merely virtual and has no relationship to where it actually exists, then it isn’t ANY of the top level accounts, certainly NOT a liability. You

Re: Future allocated money vs Budgets

day, 4 February 2018 11:39 AM *To: *gnucash- > u...@gnucash.org *Subject: *Re: Future allocated money vs Budgets> > Sorry for the delayed response, just managing to catch up on > this thread. > > I've been looking at how to do envelope-style budgeting for my > personal

Re: Future allocated money vs Budgets

I understand your concern, but I don't think that would be the case here. They may be included in the net worth but because all entries net to zero they are balanced and they have no net effect on net worth. The issue I've seen with previous proposals both here and in the mentioned blog post is

Re: Future allocated money vs Budgets

Looks nice. My main concern with these "shadow accounts" is that they will, by default, be counted in the Net worth reports, income reports, etc, and must be manually deselected every time. In my view budget allocations are technically "outside the books" and must therefore ideally be recorded in

RE: Future allocated money vs Budgets

<mailto:ebrid...@eqbridges.com> Sent: Sunday, 4 February 2018 11:39 AM To: gnucash-user@gnucash.org<mailto:gnucash-user@gnucash.org> Subject: Re: Future allocated money vs Budgets Sorry for the delayed response, just managing to catch up on this thread. I've been looking at how to do en

Re: Future allocated money vs Budgets

Sorry for the delayed response, just managing to catch up on this thread. I've been looking at how to do envelope-style budgeting for my personal finances using GnuCash for about 6-7 months. Like you, this began with this article from 2008 "[Better Budgeting with

RE: Subaccounts [WAS Re: Future allocated money vs Budgets]

Thanks and regards, Matt   From: David T. Sent: Wednesday, 31 January 2018 2:31 PM To: matt_graham2...@hotmail.com;Adrien Monteleone; gnucash-user@gnucash.org Subject: RE: Subaccounts [WAS Re: Future allocated money vs Budgets]   Matt,   I see one huge problem: where are you balancing the

RE: Subaccounts [WAS Re: Future allocated money vs Budgets]

12:11 PM To: gnucash-user@gnucash.org<mailto:gnucash-user@gnucash.org> Subject: Re: Subaccounts [WAS Re: Future allocated money vs Budgets] Thanks for the run down Matt, I wouldn’t say “stupid” at all, but certainly, that method is extra work. And I don’t really see the benefit that ma

RE: Subaccounts [WAS Re: Future allocated money vs Budgets]

:adrien.montele...@gmail.com>; gnucash-user@gnucash.org<mailto:gnucash-user@gnucash.org> Subject: RE: Subaccounts [WAS Re: Future allocated money vs Budgets] Matt, I see one huge problem: where are you balancing the funds for the allocated accounts? They need balancing, and once you add s

RE: Subaccounts [WAS Re: Future allocated money vs Budgets]

Matt, I see one huge problem: where are you balancing the funds for the allocated accounts? They need balancing, and once you add something to balance them, you might as well male them Subaccounts of checking anyway.  Cheers,David  On Wed, Jan 31, 2018 at 4:06, Matt

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

line transaction becomes a simple > Cr Checking:Dining $20 > Dr Expenses:Dining $20 > > Does this make sense? > > Thanks and regards, > > Matt > > From: Adrien Monteleone <mailto:adrien.montele...@gmail.com> > Sent: Tuesday, 30 January 2018 6:45 PM > To: gnuc

RE: Subaccounts [WAS Re: Future allocated money vs Budgets]

:gnucash-user@gnucash.org> Subject: Re: Subaccounts [WAS Re: Future allocated money vs Budgets] Matt, You lost me again. I don’t understand why you’d have a negative 'segmented spending money' asset. You receive a paycheck, say $1000. You earmark 50% of that into various sub-accounts. You

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

uldnt change > it - underspending means the money is available for later. > > Am I understanding you right? > > > Thanks and regards, > Matt > > > Original message > From: Mike or Penny Novack <stepbystepf...@dialup4less.com> > Date: 30/1/18 09:31 (GMT+10

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

tt Original message From: Mike or Penny Novack <stepbystepf...@dialup4less.com> Date: 30/1/18 09:31 (GMT+10:00) To: Matt Graham <matt_graham2...@hotmail.com> Cc: gnucash-user@gnucash.org Subject: Re: Subaccounts [WAS Re: Future allocated money vs Budgets] On 1/28/2

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

On 1/28/2018 8:11 PM, Matt Graham wrote: When you look at what liabilities really are, Adrien and I concluded on this thread that this situation (segmenting money for future) is really using a separate asset account. After all - creating a liability INCREASES your cash available.

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

mail.com>> > Date: 28/1/18 15:33 (GMT+10:00) > To: GNU Cash User <gnucash-user@gnucash.org > <mailto:gnucash-user@gnucash.org>> > Subject: Re: Subaccounts [WAS Re: Future allocated money vs Budgets] > > You can already use formulas in scheduled tran

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

(it is easier to show with exampes). > > Thanks and regards, > Matt > Original message > From: Mike or Penny Novack <stepbystepf...@dialup4less.com> > Date: 29/1/18 00:51 (GMT+10:00) > To: gnucash-user@gnucash.org > Subject: Re: Subaccounts [WAS Re: Future all

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

; Date: 28/1/18 15:33 (GMT+10:00) To: GNU Cash User <gnucash-user@gnucash.org> Subject: Re: Subaccounts [WAS Re: Future allocated money vs Budgets] You can already use formulas in scheduled transactions, I just don’t think you can use a present GC register value as a variable. (such as x% of

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

[WAS Re: Future allocated money vs Budgets] On 1/27/2018 10:25 PM, Matt Graham wrote: > Nice! It seems like we are getting somewhere. I am convinced that the process > we think of budgeting where we are saving up for something is really a case > of segmenting money within a sub-account.

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

discussion with you all! > > Thanks again - greatly appreciate your time, > Matt > > > ---- Original message ---- > From: Adrien Monteleone <adrien.montele...@gmail.com> > Date: 27/1/18 18:15 (GMT+10:00) > To: GNU Cash User <gnucash-user@gnucash.org> &g

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

On 1/27/2018 10:25 PM, Matt Graham wrote: Nice! It seems like we are getting somewhere. I am convinced that the process we think of budgeting where we are saving up for something is really a case of segmenting money within a sub-account. And it looks like Gnucash is already happy with this

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

...@gmail.com> Date: 27/1/18 18:15 (GMT+10:00) To: GNU Cash User <gnucash-user@gnucash.org> Subject: Re: Subaccounts [WAS Re: Future allocated money vs Budgets] That’s an interesting use of future dated transactions. Thanks! Regards, Adrien > On Jan 26, 2018, at 5:21 PM, Tommy Tru

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

drien.montele...@gmail.com> Date: 27/1/18 18:15 (GMT+10:00) To: GNU Cash User <gnucash-user@gnucash.org> Subject: Re: Subaccounts [WAS Re: Future allocated money vs Budgets] That’s an interesting use of future dated transactions. Thanks! Regards, Adrien > On Jan 26, 2018, at 5:21 PM, To

Re: Subaccounts [WAS Re: Future allocated money vs Budgets]

That’s an interesting use of future dated transactions. Thanks! Regards, Adrien > On Jan 26, 2018, at 5:21 PM, Tommy Trussell wrote: > > I was following the budget discussion, and I decided to split my comment > into a different thread. I'm not responding to any

Subaccounts [WAS Re: Future allocated money vs Budgets]

I was following the budget discussion, and I decided to split my comment into a different thread. I'm not responding to any particular comment, and this isn't quite germane to budgeting. But I want to clear up a few misunderstandings I'm seeing folks express about reconciling with sub-accounts.

Re: Future allocated money vs Budgets

If they are allocations from the parent then the parent should have the reversing entry already and it should wash. The only issue would be if you transfer from say Checking to a sub of Savings. Regards, Adrien > On Jan 26, 2018, at 5:47 AM, Maf. King wrote: > > On

Re: Future allocated money vs Budgets

sets (an account I’ve put >>> as “Money Allocated”) is balanced by the increase (dr) in the specific >>> “Allocated Assets”:”Spending Money” account. >>> Spending is the same as above, but the increase to make “Money Allocated” >>> less negative is balanced

Re: Future allocated money vs Budgets

Hi Matt I think there is merit in your idea. I think some of the logic has already been baked into the Scheduled Transactions (SX) facility. So far, we know the transactions in the database are perfect for recording *past* activity. Sometimes I'll also record transactions in the future e.g. for

Re: Future allocated money vs Budgets

On Friday, 26 January 2018 11:34:52 GMT David T. via gnucash-user wrote: > Adrien, > > A small point: there is an option on the reconcile window to include > subaccounts, so that should not pose a problem. > > David > David, I too thought about that option, but also considered that the

Re: Future allocated money vs Budgets

pending. > > Hmmm Same conclusion as before – I’m going to try it out for a while > before suggesting any program changes... > > Thanks and regards, > > Matt > > From: Adrien Monteleone > Sent: Friday, 26 January 2018 4:32 PM > To: GNU Cash User >

RE: Future allocated money vs Budgets

:32 PM To: GNU Cash User<mailto:gnucash-user@gnucash.org> Subject: Re: Future allocated money vs Budgets Here’s my attempt to save you a few months… I think you’re spinning wheels into something more complicated than it needs to be. For starters, there’s no reason any liability account or exp

Re: Future allocated money vs Budgets

Here’s my attempt to save you a few months… I think you’re spinning wheels into something more complicated than it needs to be. For starters, there’s no reason any liability account or expense account should enter the picture of ‘saving’ for any particular purpose. ‘Spending Money’ savings is