Hello,
I need to set up a new accounting/budget system for my family. I've been doing this in Excel for years. I have a 'cash' account spreadsheet with week by week summaries of expenses (really a payment schedule), with budget forecasts for same. The whole thing is filled out at the beginning of the year in red, then the actuals are entered in black.
The problem is that I have to do a lot of double entry. At tax time, my spreadsheet isn't 'complete', so I have to go back and enter into a separate spreadsheet all my checks, my wife's checks and both our credit cards. If I'm going to do all this typing, I'd rather just enter the checks once, then do the 'budget status report' from the check/credit card ledger.
Make sense?
Does Quicken have the multiple ledgers I need with ways to link the items to a budget plan/payment schedule?
Thanks,
Mark