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Starting Cash Flow Tracking

MoneyWell tracks your cash flow by calculating how much you have left in each bucket. This is different than managing your account balances so you can change your cash flow start date at any time and not affect your bank statements.

You'll need to know how much total cash you have available as of the start date you choose. This is most likely the total of your checking accounts plus any cash you have around the house (collectively called your cash flow accounts because they hold the cash you spend).

Starting Bucket Balances panel

To start cash flow tracking:

  1. Choose Set Starting Bucket Balances from the Cash Flow menu
  2. Change the Cash flow start date to today or a recent past date
  3. Enter the total of your cash flow accounts as of that date in one or more income buckets
  4. Optionally, change the amounts of other buckets if you have some of your money set aside for long term expenses like vacations or taxes
  5. Additionally, you can change the day of the month if you want to start paying bills for the next month on the 25th of the current month
  6. Click OK to save

MoneyWell recalculates your cash flow automatically, so you don't have to use this ever again unless you want to reset your bucket balances.

See also

money flow