Kmymoney: Cashflow
jvapr27 at gmail.com
jvapr27 at gmail.com
Thu Nov 8 15:10:46 GMT 2018
Hi,
Thanks for the continued work on KMyMoney. It is really great software
and I hope one day I can help contribute code for it.
I am still in the middle of understanding the differences between
KMyMoney and the GnuCash software. One report that I have used in
GnuCash and find helpful is the Cash Flow report. In GnuCash it shows
you where Money comes in from and where it goes out. Even through
transfers.
For example: A mortgage
If I pay my mortgage, part of the morgate goes to an Asset
account(Escrow to pay Taxes later in the year), another part goes to an
Expense account (insurance: paid monthly) and finally a small part goes
towards the liability with the bank, "the loan".
With the income and expense report currently in KMyMoney, I would only
see the money being sent to the insurance, but I would not be able to
see the money being moved to the liability or the Asset account. If my
income was 1000 dollars. it would look like this:
Income:
Salary: 1000
Expense:
Home Insurance: 50
Profit: 950
When in reality:
Income:
Salary: 1000
Expense:
Home Insurance: 50
Liabilities:
Home Mortgate loan: 450
Assets:
Escrow: 300
Profit: 200
After all is done, my cash flow is only 200 dollars. Although the money
"transferred" to Escrow is still an Asset(money has not left), it is
money that is no longer available to me for other expenditures. The
money applied to the loan, is also no longer in my pocket/bank. Thus I
am looking for a report that would show this. KMyMoney has a Net Worth
report, which seems like it may be able to do this, but I cannot find
how.
Any ideas on or if a report such as this exist?
thanks,
JV
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