Okay, I’ve watched the video.
I think he’s confusing what double-entry is here and its purpose.
That isn’t really necessary when working with budgets. It is necessary (and
forced) when entering actual transactions.
Also, note that transfers do not decrease by his expenses. He’s put the
*excess
Lorrie,
Sorry I don’t have time at the moment to watch the video to comment more
specifically, but I *can* tell you that the ’Transfers’ line is to reflect
amounts entered in asset and liability cells.
So entering expenses should not affect it.
I wouldn’t necessarily budget income to the check
Hi all,
I am trying to set up a budget following a YouTube video. See the link
below.
I created a budget, added my salary category and put the same dollar amount
into my checking account category, as instructed, to zero out the budget
total at the bottom of the budget sheet.
Next is where I am h
