[No Thirst Software] Re: Usage model and meaning of Open/Cleared/Reconciled/Pending status?

2009-04-04 Thread Kevin Hoctor
On Apr 4, 2009, at 3:00 PM, Lance wrote: > How do others use the various transaction statuses? > > This is my understanding of what they should mean, but MoneyWell seems > to interpret these slightly differently: > > Open: a manually entered transaction that has physically taken place > but not y

[No Thirst Software] Re: Usage model and meaning of Open/Cleared/Reconciled/Pending status?

2009-04-04 Thread Lance
On Apr 4, 1:33 pm, Kevin Hoctor wrote: > You need open transactions to be counted because before your account   > is reconciled, you need to know that you've already spent the money   > and it's out of your account. > But isn't this the purpose of the buckets? If you respect your bucket balances

[No Thirst Software] Re: Usage model and meaning of Open/Cleared/Reconciled/Pending status?

2009-04-04 Thread Kevin Hoctor
On Apr 4, 2009, at 4:10 PM, Lance wrote: > On Apr 4, 1:33 pm, Kevin Hoctor wrote: >> You need open transactions to be counted because before your account >> is reconciled, you need to know that you've already spent the money >> and it's out of your account. >> > > But isn't this the purpose of t

[No Thirst Software] Re: Usage model and meaning of Open/Cleared/Reconciled/Pending status?

2009-04-04 Thread Lance
On Apr 4, 3:46 pm, Kevin Hoctor wrote: > Now you sound like you're just trying to pick a fight. Both are open   > transactions but one lets you know that the bank has seen it as   > cleared. Why wouldn't you want to know which transactions came in from   > a direct download or an import versus th

[No Thirst Software] Re: Usage model and meaning of Open/Cleared/Reconciled/Pending status?

2009-04-04 Thread The Watkinson Family
> Here's a simplified example to clarify what I'm talking about: > - I deposit a $1000 bonus check into my checking account, but mark it > as bucket optional so it doesn't affect my cash flow (and artificially > inflate my income graphs) > - At this point my checking account balance is larger than

[No Thirst Software] Re: Usage model and meaning of Open/Cleared/Reconciled/Pending status?

2009-04-04 Thread Lance
On Apr 4, 5:47 pm, The Watkinson Family wrote: > While I do agree that there is little additional utility in the   > cleared flag, I think that your example is a little artificial.  By   > depositing a bonus check and not assigning it to a bucket, you are   > creating for yourself a problem.  If