tag:infinitekind.tenderapp.com,2009-01-14:/discussions/general-questions/118991-income-and-expenses-or-transfers-balanceInfinite Kind: Discussion 2022-05-05T22:30:19Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/496281722022-02-01T19:23:10Z2022-02-01T19:23:14ZIncome and Expenses or Transfers Balance<div><p>Any thoughts on which report that can provide me the monthly net from my income and expenditure across my different current bank accounts and credit cards, see attached spreadsheet giving an example of the structure?<br>
Thanks in advance.<br>
HB</p></div>HBtag:infinitekind.tenderapp.com,2009-01-14:Comment/496281722022-02-01T20:19:58Z2022-02-01T21:12:03ZIncome and Expenses or Transfers Balance<div><p>I'm a fellow user.</p>
<p>I'm not quite sure what you are after, In one sentence you are talking about the net balance across all accounts in another about Income and expense across accounts, there are two different things and show different results.</p>
<p>If you want to find your net account balance at a point in time, you can use the Account Balances report, if you want to see Income and expense details and any surplus/deficit you can use either of the Income and Expense reports - depending on the level of detail required.</p>
<p>If these do not meet your needs perhaps you can expand on your requirements.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/496281722022-02-03T21:25:11Z2022-02-03T21:25:16ZIncome and Expenses or Transfers Balance<div><p>Hi dwg,<br>
Thanks for your reply.<br>
As in the attached spreadsheet, I trying to show what current accounts and credit cards I have. The main checking account is Bank1. From this I transfer some monies to Bank 2 & 3. Also the full credit card payments for Bank1CC and Bank2CC come from Bank1. Whereas for full payment for Bank3CC comes from Bank3. Furthermore, occussionally I use debit card for Bank2 & 3.<br>
Therefore, what I want to know is how much I have spent and whether am I in surplus or overspent for a given month.<br>
I hope this helps.<br>
Many thanks in advance</p></div>HBtag:infinitekind.tenderapp.com,2009-01-14:Comment/496281722022-02-03T22:08:44Z2022-02-03T22:08:45ZIncome and Expenses or Transfers Balance<div><p>Please find updated attached file exmple.</p></div>HBtag:infinitekind.tenderapp.com,2009-01-14:Comment/496281722022-02-03T22:26:02Z2022-02-03T22:26:02ZIncome and Expenses or Transfers Balance<div><p>It looks like you are trying to show surplus/deficit on an account by account basis and also what you call some expenses Moneydance thinks of as transfers.</p>
<p>The movement of money between accounts to Moneydance is a transfer not an expense in the software the expense is incurred when you use the credit card to buy something, you are looking more at cash flow this point, but cash flows are typically not reported at an account level.</p>
<p>While many of the reports in Moneydance can be set to give you a view of one account they are more geared to give a view of your finances in total but not split on an account by account basis s this generally has little meaning in a total sense.</p>
<p>I do not think there will be one report that will give you the sort of summary you are after. Certainly the cash flow report on an account by account basis will give you some of the detail you want, you can use an account balances report to get your balances at a specific date, the transactions reports can show transactions but there is not going to be a debit and credit column like you have in a journal.</p>
<p>There is not journal report and that is something the company may like to consider for a future enhancement I'm not sure what level of demand there would be for such a report, but I do not think it would be a hard report to create.</p>
<p>Other users may be able to think of some other approaches that could be taken, but they are escaping me at the moment.</p></div>dwg