Will MoneyWell work if all I want to do is import from banks & credit cards?
Eric Brown
and I don't care how much money is left in a bucket/envelope for a
given month. I just want to visualize my monthly cash flow and
occasionally go in and see if my family can stick to a yearly budget
(for each bucket).
So when I import from my bank/CC, will it remember buckets assigned
for previous similar transactions? Can it learn what a transfer from
my bank to CC or from one bank account to another looks like so I
don't have to tell it manually every time?
Cheers,
Eric
Kevin Hoctor
Hi Eric,
Yes! MoneyWell has a feature called Memorized Transactions. These are
automatically created the first time you assign your transactions to a
bucket so you only need to do this once. It also remembers the
original payee name from your imported transactions and creates an
alias so you can fix your payee name to read "American Express"
instead of "PYMT AMER EXP" (or some other cryptic all caps mess that
the banks assign).
You can even edit your memorized transactions so MoneyWell doesn't
assign a bucket. This helps when you purchase from a place like Wal-
Mart and you can't always trust that it will go in the same bucket.
Check out our videos to see it in action.
Peace,
Kevin Hoctor
No Thirst Software LLC
ke...@nothirst.com
http://nothirst.com
http://kevinhoctor.blogspot.com
Check out our MoneyWell video tutorials:
http://nothirst.com/moneywell/tutorials/
Join our user forum to learn about new releases:
http://groups.google.com/group/no-thirst-software
teszeract
I'd like to know more about the memorized transactions feature as
well, but I can't find the specific tut?
The problem that's looking for a solution is: what to do when I have
many different transactions where the payee is simply "Debit" or
"Credit", but the memo field has all the info needed.
Kevin Hoctor
> I'd like to know more about the memorized transactions feature as
> well, but I can't find the specific tut?
>
Oh, now you've done it. I'm getting yelled at because we didn't update
our tutorials again. ;)
The Getting Started video and others show off this feature a bit, but
we do need a more specific tutorial. The memorized transactions have
been enhanced in 1.4 so we'll show off some of the new functionality.
> The problem that's looking for a solution is: what to do when I have
> many different transactions where the payee is simply "Debit" or
> "Credit", but the memo field has all the info needed.
This is a common problem, but I'm not sure if I'm ready to let
MoneyWell use the memo field as a key yet. I'll add it to the
suggestion list though. Thanks.
Peace,
Kevin Hoctor
ke...@nothirst.com
No Thirst Software LLC
http://nothirst.com
http://kevinhoctor.blogspot.com