![]() But if you pay off your whole credit card balance each month the payments are seldom the same amount. Transaction Reminders allow you to specify that a transaction of a fixed amount occurs on some configured frequency. Then double click on the marker label or amount to edit the fields. Select your account name and choose 'Add' to add a marker. The Forecaster allows you to create markers that will be displayed as horizontal lines on the chart so that you can easily see if you are going to go over your credit limit.Ĭhoose Options -> Account Options. ![]() A savings account may require a minimum balance in order to earn interest. A credit card has a maximum credit limit. Some accounts have an amount that is significant in some way. Select the forecast name and choose 'Load'. To access a saved forecast, choose Options -> Manage Favourites. For example, you might want to view a forecast for your ‘working’ accounts to make sure you leave enough in them to pay the bills, and you might want a separate view for your savings or investment accounts, or maybe a view that shows your net worth.Ĭhoose File -> Save As and you'll be prompted to enter a name to identify the saved forecast. You can save any number of configurations to be displayed again later. ![]() Choose the 'Summary Page' tab, where you can include widgets for 'Foresight' and 'Foresight - Reminder Review'. To add the Summary page widgets, select File -> Preferences (or Moneydance -> Preferences on a Mac. Great for seeing at a glance if you’re on track. This view contains a breakdown of your projected income and spending in each category, displayed in a tree table that matches the hierarchical structure of your categories.īoth the Forecaster and the Reminder Review have corresponding widgets that you can add to the Moneydance Summary page. This view contains a table of all the transactions that will occur during the selected future period. The chart view gives a visual representation of your account balances over time. If you’re new to Moneydance you won’t have much transaction history to track but keep an eye on it over time to make sure your forecast is trustworthy. Your forecast is only reliable if your reminders are in line with your actual spending. Review Your Reminders Against Past Spending Select from the available accounts the ones you want to see a forecast for, choose the 'Future Period' and click Calculate. You can adjust the settings at the bottom of the window. The first time you open it you should see it generate a forecast for all your bank accounts and credit cards. In Moneydance, select the Tools -> Foresight Forecast menu. With your transaction reminders set up, it’s time to see how much money you’ll have in the future. The closer your transaction reminders represent the reality of your transactions the more accurate Foresight’s predictions will be. Even if it varies a little in frequency or amount. To really get the most out of Foresight, create transaction reminders for everything you expect to be coming in, going out or moving between accounts. Transaction reminders can also be entered automatically into the account register at the right time. Transaction reminders are a lot like budget items, only more specific in that they specify an account and have more flexible scheduling possibilities. Here's how to get up and running with Foresight budgeting using transaction reminders Create Transaction Remindersįoresight uses your configured transaction reminders to figure out your future spending and to review your past spending.
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