tag:infinitekind.tenderapp.com,2009-01-14:/discussions/budgeting/2477-setting-up-3-different-budgetsInfinite Kind: Discussion 2020-12-17T18:56:50Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/488746102020-12-02T21:44:08Z2020-12-02T21:44:08Zsetting up 3 different budgets<div><p>Can I set up 3 different budgets using Moneydance that will link to my credit card and bank checking accounts?</p></div>Charles Baldwintag:infinitekind.tenderapp.com,2009-01-14:Comment/488746102020-12-02T21:50:04Z2020-12-02T21:50:06Zsetting up 3 different budgets<div><p>Waiting for a reply</p></div>Charles Baldwintag:infinitekind.tenderapp.com,2009-01-14:Comment/488746102020-12-02T23:37:38Z2020-12-02T23:37:38Zsetting up 3 different budgets<div><p>just a user,</p>
<p>Yes, you can set up as many budgets as you want. But be aware, MD does not track transfers between accounts in the budgeting tool. So if you have a loan set up in MD, you cannot easily budget the payments because MD sees it as a simple transfer between accounts. There are ways of working around that problem if that is an issue.</p></div>mhoggietag:infinitekind.tenderapp.com,2009-01-14:Comment/488746102020-12-02T23:45:00Z2020-12-02T23:45:00Zsetting up 3 different budgets<div><p>Thanks for your reply. I am mostly concerned with the allocation of credit card transactions to different budgets. I have a home improvement project that I want to budget along with a separate budget for household. How do credit card charges get applied to the two budgets?</p></div>Charles Baldwintag:infinitekind.tenderapp.com,2009-01-14:Comment/488746102020-12-03T00:46:47Z2020-12-03T00:46:47Zsetting up 3 different budgets<div><p>just a user,</p>
<p>You can only budget by categories, ( it would be nice if you could use tags, but you can't for budgeting purposes) so the best for you would be to set up a different set of categories for each budget so you can capture the activity for each budget. You can easily add as many categories as your need. No limitation</p></div>mhoggie