[moneydance] Child of?

[Elana Shenton]

I use child (sub) accounts as follows

-Joint Accounts
----Joint Checking
------Temporary Funds Holding (items I don't want to show in my main
checking balance)
------Vacation Budget
----Joint Savings
-My Accounts
----My Checking
------Temporary Funds Holding
------Virtual Savings
------Auto Insurance
------Vacation Budget
----Savings
-Wedding Savings

It goes on, but you get the idea.  Most of the accounts are at zero (I hide
them from home page at 0) but there are some that always have a balance,
like the auto insurance (I pull my auto payments out of this account).   The
Virtual Savings gets half of some of my monthly auto-withdrawals (student
loan, car payment, etc) each paycheck so when the withdrawal comes, I have
money in my checking, but it's not showing as the balance when I look at my
checking account, so my spending money is kept separate.

Vacation Budget only has money transferred into it when I  go on vacation or
am paying for a vacation balance.  That's the money I've saved for spending
money while on trips.

When I reconcile, I reconcile with sub-accounts selected.


On 6/28/07, Richard Hendershot <bengalborn at mchsi.com> wrote:
>
> On Wed, 2007-06-27 at 23:19 -0500, Stan wrote:
>
> > It's easy enough to try this out to see what I'm talking about.
> > Create the
> > parent, then check the box on accounts to become the children.  You
> > can
> > easily uncheck the boxes and go back to a "flat" structure, with no
> > loss of
> > data.
>
>
> Thanks for the tip.  I was wondering how hard it was to set up.  Simple
> as that, I have some reorg to do!  ;)
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-- 
Elana Shenton
Personal Blog:  http://www.clampcampus.com
Personal Finance Website:  http://www.moneystuffed.com