by Zoolook » Sun Jun 01, 2008 9:29 am
OK, on question 4. This would be useful when you have bill payments and a calendar reminder facility with a one click 'enter to register option, and incidentally it's something neither MS Money or iBank has. I can't remember if Quicken does it.
Currently both the account manager and chart of accounts show the balance of the last entry, not the current date. So if there is a forward dated payment (like a bill payment), the balance takes this into account.
Let's say I have 2 accounts only. A checking account and a credit card account. Lets say my credit limit is $1000 for arguments sake, and my checking account has no facility for being over drawn.
When I get my credit card bill, it's $700 (leaving me with $300 credit) and payment is due in 10 days. I could simply not enter the bill payment until it is due, but then I might forget that I paid the bill. If I enter it in immediately (which is what you really want to do) then I might think I have $1000 to spend on my card, when I only have $300. However on my checking account, I WOULD want to have the forward value balance displayed, especially if this payment is going out before I get paid for example. So the flexibility would be nice.
I guess it depends on how people manage their finances, but this is something I have always wanted to see. When you multiply the above my 3 or 4 cards and several accounts, it's a pretty useful feature I think.
On 6, I have a Mac.