Home Forums Feature Wish List Adjust Balance (reconcile)

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    • dkeeler
      Participant
      Post count: 3

      I don’t import my bank statements. The lack of a way to reconcile without importing bank downloads is not ideal. It would be nice to be able to click on a date and select ‘Adjust Balance’ and then simply put in a new balance. Right now I am figuring the difference between my bank and CalendarBudget and then I put in a transaction to make the adjustment. It’s not real hard but it would be nice if there was some way to reconcile without importing bank downloads.

    • Eric Poulin
      Keymaster
      Post count: 371

      Thanks for your comment.
      A few thoughts. CalendarBudget is designed to track all ape ding and auto-calculate balances based on the entries. What you’re suggesting – just updating the account balance – while convenient, results in you, the end user, becoming a little lax in your financial accountability. CalendarBudget would have to create an “adjustment entry” for the difference between the plan and the actual account balance – but where did that money really go? You can categorize it properly or track you money properly. You’ll be left with a bunch of adjustments that do t help you k ow where your money went. For this reason, I am reluctant to add this feature… Once there, it’s too easy to get lazy and abuse it.
      Does that help at all?
      Is there a reason you don’t use the bank import feature?

    • dkeeler
      Participant
      Post count: 3

      I don’t want to track each transaction I make. I just want a program to show me in calendar format when my bills are and when my paychecks come in.

      I could do this on any calendar but I want the program to keep track of how much money there will be in all of my accounts based on those recurring income/expense items.

      I never have big adjustments to make because I do include as expenses estimated items like groceries, gas, lunch, etc. I do however like to go in every week or two weeks and make an adjustment so the numbers stay accurate.

      I really use this so I can look and see if I have the money to buy something or go on vacation in three months time etc. I like to get a big picture or overview of my finances and see what it will look like in the next 3 months, 6 months, or 12 months.

      I was using a product called Budget Calendar. Almost the same name as your product. It worked well for me but there were some shortcomings I thought your product could remedy. For instance you could not have multiple accounts or calendars that were aware of each other. So you could not transfer from the Checking calendar to the savings calendar or to a Credit Card Calendar. Instead you had to create a new calendar and you had to manage it separately. So If I wanted to transfer I had to create an expense in one calendar and then close that file and open the other file and create a deposit. This was just not fun. This program was also not a web program. It had to install as it was a java program. So your files were local on your computer. I did use dropbox and now I am using cubby to transfer/sync the files between computers but I am a fan of web applications as they don’t require workarounds like this.

    • Eric Poulin
      Keymaster
      Post count: 371

      Interesting – I haven’t heard of anyone using CalendarBudget like this… not exactly as intended, but I understand your use case.

      We were going to add the ability to just add an adjustment entry for people who simply haven’t reconciled in weeks and can’t be bothered to update the details for such a long time. As I said – it’s not ideal, but, I suppose if people want to be disciplined they will be and if not, maybe it’s not CalendarBudget’s place to force that.

      Thanks for persisting with your explanation – I think we will add this afterall.

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