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Cash flow report.....frustration

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've turned offf "external transfers all" to keep from including transfers, I've also INCLUDED ALL accounts for reporting purpuses.

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.

please help.

treasur2

Reply to
treasur2
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Sorry, I'm using Q, Home/Business 2005.....but I've had this problem for years, and I've upgraded 10+ times.

treasur2 wrote:

430 No such article 222 11832 body Sorry, I'm using Q, Home/Business 2005.....but I've had this problem for years, and I've upgraded 10+ times.

treasur2 wrote:

Reply to
treasur2

"treasur2" wrote

Why don't you tell everyone why you expect your "inflows" to equal your "outflows" ... and in what specific way Quicken indicates that your "inflows" do not equal your "outflows"..

Reply to
John Pollard

Because they have to over long periods of time................."years"..........or your bankrupt.

the specific way is a cash flow report. Which includes your inflows and outflows.

John Pollard wrote:

Reply to
treasur2

"treasur2" wrote

So, if your inflows continually, "over long periods of time", exceed your outflows, you will go bankrupt?

Reply to
John Pollard

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!).

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.

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.

Reply to
Lisa C

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

Reply to
Jay M Apple

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