[Kmymoney] Introduction & Budgeting question

Ian Waddington iwaddox at gmail.com
Mon Nov 29 13:33:35 CET 2010


Hi

Introduction
I've have been looking for an MS-Money replacement to start using from the
New Year and have been considering Gnucash, however, over the weekend
someone very kindly pointed out that the answers to some of my questions had
already been answered by the recent release of KMyMoney so here I am.  I
have it installed 4.5.0 onto a clean Kubuntu 10.10 build onto an old laptop
and so far so good.  I did wonder about trying the app on Windows 7 bit
thought I'd leave that till another day.  It was the complete lack of
forecasting that I couldn't fathom in Gnucash, how do I stop going overdrawn
using Gnucash if I cannot forecast my balance.

My budgeting question
I have a question about how KMyMoney deals with annual budgeting items. If I
budget £120 to be spent at any time during the year I'd like to know what by
budget would be at the beginning of February for the remainder of the year
if I had spent nothing during January. By my math it should still be £120,
could someone please let me know if this is how KMyMoney works?  If it is I
might be able to discard my spreadsheets.

To summarise my point - monthly budgets are just that monthly, you either
spend it or lose it, whereas the annual budget should be available all year
(until overspent of course).


Regards


Ian
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