Budgeting suggestion

[Koos Pol]

PLEASE DISREGARD AND DELETE. I'VE HIT ENTER TOO QUICKLY.
THE CORRECT ONE WILL BE SENT SHORTLY.



Op 06-03-2020 om 17:22 schreef Koos Pol:
> Unless I'm overseeing something, budgetting in KMM seems to have a 
> periodic scope. Even if you choose individual budgets, you're still 
> bounded by the year. Otherwise you'll select month or year.
>
> For projects with fixed budgets this doesn't work. Let me explain why:
> I've just bought a vacation house which needs restoration. We've 
> agreed on a budget for the various expenses:
> - renovation
> - decoration
> - travel
> - acquisition price
> - acquisition costs (notary, transfer taxes, etc)
>
> These are fixed size lump sums budgets. I would love to be able to 
> handle those budgets from KMM. Which doesn't work with the existing 
> budgeting functionality, for as far as I could tell.
>
> I've found a workaround which is pretty slick, if I may say so, but 
> has its downsides:
> For each of the budgets I've setup asset accounts with a starting 
> value (values are fictive):
>
> Assets:
> - renovation (€15,000)
> - decoration (€8,000)
> - travel (€1,500)
> - acquisition price (€100,000)
> - acquisition costs (notary, transfer taxes, etc) (€15,000)
>
> If I'm making an expense, I'm withdrawing it from one of the asset 
> accounts (=budget).
> Benefits: You have crystal clear overview over your budgets, and 
> surpluses or shortages are instantly visible.
> Downside: It's really a budgeting solution only. It's not the same as 
> general bookkeeping. You can't easily integrate with your normal 
> bean-counting tasks. Which means you really should be doing the 
> exercise twice: one for
>
>

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