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Posted by Jay M Apple on September 5, 2006, 7:12 pm
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Maybe OP really wants a balance sheet (which neatly makes assets and
liabilities equal), as opposed to a cash flow report which winds up showing
net change in cash balance (rarely zero), or an income statement, which
yields (stockholders hope) net income to stockholders.
Still, "cash flow" is a distinct phrase from the other two. A confusing
thread...
Jay
> > No matter how I enter it I can't get my inflows to equal my outflows.
> > I've been using quicken longer than I'll admit, and I can't get it to
> > equal.
> >
> > Now I don't mean its off my cents or a couple of bucks. But I mean I'm
> > showing 40K in income and 26k in outflow.
>
> I'm not sure what you are asking?
>
> Do you mean to say you always SPEND exactly what you MAKE?
> Just because you made 40K in income, it does not mean you needed to spend
> 40K. In fact, if you recieved 40K and spent 26K then you should have
assets
> of 14K (good job on saving!).
> >
> > I've turned offf "external transfers all" to keep from including
> > transfers, I've also INCLUDED ALL accounts for reporting purpuses.
>
> Perhaps you are not seeing the 14K in assets because when you do not spend
> your money, you transfer it into a savings or money market account, and
then
> EXCLUDE the transfers from your report. If that is the case your data will
> be skewed.
> >
> > I know I'm just missing something stupid. I also know this is a loaded
> > question that can be much more complicated than it appears. So please
> > unload on me with " did you do this, that, and the other thing."
> >
> > yes, I've included taxes and even have all accounts
> > balancing.........except my cash account which I just made up a
> > category for called "z-unknown". This allows me to zero it out at the
> > end of the month so all inflows are not just hanging in this account.
> >
>
> Perhaps it would be best if you described just what, exactly, you are
trying
> to measure? I am thinking that the 'cash flow' report is not what you
want.
> I no longer use 'home and business' so I am unsure of what reports are
> included. Post back with what you are trying to verify and what reports
you
> have at your disposal.
>
>
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