Manage your budget, the balance and cash flow follow.
This is why companies layoff, make capital expenditures, cut costs, etc. Give me a budget for projected balance, or give me death. It went the way of the fax, and the covered wagon. I think I've written 7 checks in the last 3 years. Give me the option, I personally think it's just a guise to sucker people into bill pay, which virtually everybody already allows online. If I can create a budget for say 1 month, or a quarter, and fall within 5% on actuals, surely this can be easily used as the data set to determine projected balances, without having to RE-enter the data as a reminder. There will be no way of telling me that double the data entry is not one of the deadly wastes in business (or at home), and that one can't realistically wait for the next electricity bill to see what the actual amount is going to be, and be able accurately determine what their cash flow or balances will be. Using a business as an example, they would establish an annual plan based on a forecast of incomes/expenses (also known as a budget, and often based on past history), and determine their projected balances, thereby understanding on a monthly, quarterly, or annual basis, if their goals (budget) met projections. And, the most efficient, is from the budget data set. No matter how you slice it, entering information 2X is not efficient. Not a very lean process when Quicken (not Intuit), could just allow me to check the boxes of the budget items that I want to include in my projected balance. I think you reinforced my point (Intuit/Quicken aside), "create a reminder for the budget balance and adjust it regularly" = use budget to project balance/cash flow. Quicken's Lowest Balance Forecast feature can also help you figure out whether you're going to run out of money any time soon. Give us a second (and better) way!! Projected cash flow/balance based on a more accurate portrayal of income/expense -> Budget
gas, utilities)? Or an outlooked contractor to paint the exterior? I'm completely flummoxed, and have been for years? If we are able to capture accurate budgeted information based on actuals/anticipated, why Intuit, do we have to re-enter the information into a scheduled bill, to calculate projected balances? Why would we schedule a trip to the grocery store as a bill to get an accurate portrayal of projected cash? Or, fluctuating costs (i.e. :s Am I the only one that finds the logic behind using scheduled bills and incomes to project future balances completely backwards? Are other users actually duplicating the effort that they put into their budget by then transposing this information into a scheduled income/expense? Other than being wasteful effort, who actually set's up a scheduled "bill" whenever they have to run out to Walmart? Or, when there are differing month to month seasonal activities? Or, if you anticipate that you may need to change your tires? Why, Intuit, can we not have the option of using budgeting for projected balances?
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