[Kmymoney-devel] [Bug 310731] KMyMoney does not allow use of Equity accounts (with "Show Equity Accounts" option checked)

[Alvaro Soliverez]

Hi,
Maybe we could review the way we display the yearly budget in the
budget report, and that would solve the issue.

As it is now, it divides the yearly budget per month, as it were a
monthly budget.
Perhaps displaying the whole yearly budget in the current month, or in
the last month. I really don't know, but if you come up with an idea,
we can try to make it happen.

Regards,
Alvaro

On Sun, Mar 2, 2014 at 10:39 AM, David Naylor <naylor.b.david at gmail.com> wrote:
> On Sunday, 2 March 2014 11:28:03 Alvaro Soliverez wrote:
>> Hello David,
>
> Hi Alvaro
>
>> Why don't you use a yearly budget for this case?
>> I guess you've tried but for some reason didn't find it good enough.
>
> The issue for me is that - using the example below - there were no expenses
> for January or February and I don't want the ZAR500 expense in March to be
> considered over budget (although the yearly method will make March's budget be
> 166.66).
>
> But yes, you are correct that on an annual basis, everything works for me - it
> is just that I review the budget on a monthly basis.
>
> Regards
>
>> On Sun, Mar 2, 2014 at 10:14 AM, David Naylor <naylor.b.david at gmail.com>
> wrote:
>> > Hi,
>> >
>> > To follow up on this bug, let me explain what I am trying to achieve:
>> >
>> > In recognition that some expenses are periodic, unpredictable, but
>> > budgetable I specify a single month budget value in December, and when I
>> > incur those expenses more a matching amount from the budget in December
>> > to the month where the actual expense occurred.  For example:
>> >
>> > Initially I have
>> >
>> >         Budget:
>> >                 ZAR2000 December
>> >
>> > Then, I have some expenses:
>> >         Expenses:
>> >                 ZAR500 March
>> >
>> > I then change my budget to:
>> >         Budget:
>> >                 ZAR500 March
>> >                 ZAR1500 December
>> >
>> > To have the above automated would be great.
>> >
>> > However, the bug report I filed was relating to this, except I recognise
>> > that some expenses are too important to have a "soft" allocation, that
>> > they need a "hard" allocation.  I do this by creating a liability - a
>> > reserve account - to recognise that some the assets I have are actually
>> > for unpaid (un-incurred) expenses.  This is similar in concept to an
>> > insurance reserve.  Every month I have an expense coming off the
>> > liability (increasing it) and when actual expenses occur I have an
>> > offsetting entry decreasing the reserve.
>> >
>> > This way, my income and expense statement and my budget remains stable
>> > despite some erratic expenses.
>> >
>> > The one technically wrong aspect about how I have KMyMoney handling the
>> > above is that the reserve liability accounts are in fact equity and not
>> > liabilities. To be most correct I should move these accounts to under
>> > equity.
>> >
>> > I do recognise the above is more of a corporate approach to personal
>> > finance than what most people will handle their accounts so I ask here
>> > for some comments, and if the above is deemed beyond the scope of
>> > KMyMoney I'll close my bug :-).
>> >
>> > (Also, it would be great if the above could be automated.  Does KMyMoney
>> > have a plug-in interface that could handle the above?)
>> >
>> > Regards,
>> >
>> > David
>> > _______________________________________________
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