tag:infinitekind.tenderapp.com,2009-01-14:/discussions/budgeting/1833-budget-vs-cash-flow-balanceInfinite Kind: Discussion 2019-02-27T23:20:23Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/465483242018-11-26T04:49:08Z2018-11-26T04:49:08ZBudget vs Cash flow balance<div><p>Sorry forgot to add this is under the old style with a yearly budget set</p></div>tony.cooper655tag:infinitekind.tenderapp.com,2009-01-14:Comment/465483242018-11-26T18:00:04Z2018-11-26T18:00:04ZBudget vs Cash flow balance<div><p>just a user,</p>
<p>I'm betting it has something to do with the starting balance on the cash flow report.</p></div>mhoggietag:infinitekind.tenderapp.com,2009-01-14:Comment/465483242018-11-27T23:26:05Z2018-11-27T23:30:18ZBudget vs Cash flow balance<div><p>I have deleted my files and will restore them later, but an experiment I have done, START BALL 0, SPENDING FOR FUEL $3650 PA, INCOME $36500 PA FISCAL YEAR 1/7/18 TO 31/06/19, TODAY IS DAY 151 OF THIS<br>
So the expectation is that at $10 a day fuel usage my budget today should show Budgeted fuel as $1510 and my spending at $1510<br>
My income should show budgeted income as $15,100 and my actual income as $15,100</p>
<p>what is showing is in the screen shot<br>
Budgeted income $1505.56<br>
Budgeted spending $1500.56<br>
however cashflow is correct showing a ball of $13500 left to spend</p>
<p>What am I missing? is this an error which will multiply through your budget?</p>
<p>This shows my budget at -$5.56 for spending which is wrong</p></div>tony.cooper655tag:infinitekind.tenderapp.com,2009-01-14:Comment/465483242018-11-28T02:08:57Z2018-11-28T02:14:46ZBudget vs Cash flow balance<div><p>just a user,</p>
<p>Looks to me MD is miscalculating the budgeted cost per day based on your annual budgeted amount. Not sure how they are calculating the daily budgeted amount. You can run the report for different periods and get different values for the daily budgeted amounts. Even if the daily calculation was in error, you would think it would be uniform across different amounts of days. But it's not.<br>
If MD allowed you to specify the number of days for the annual budget, I'm confident it would be accurate</p></div>mhoggietag:infinitekind.tenderapp.com,2009-01-14:Comment/465483242018-11-28T05:19:31Z2018-11-28T05:19:31ZBudget vs Cash flow balance<div><p>What is interesting is if I use a daily figure ie $10 a day for fuel, it calculates it out correctly, this is also working on my normal accounts now if I set them to daily, a budget is either 100% right or its wrong? Perhaps MD needs to provide feedback?</p></div>tony.cooper655tag:infinitekind.tenderapp.com,2009-01-14:Comment/465483242018-11-28T23:10:51Z2018-11-28T23:10:51ZBudget vs Cash flow balance<div><p>Interesting, Test 1 is $365 and set for a year with the start being 1/7 to 30/06 so 365 days, Test 2 is $1 and set for daily with the same dates, how can it get a simple equasion I can do with a calculator so wrong?</p></div>tony.cooper655