The Income Statement now organizes your sub-categories by Category, then name.
08/02/2009 21:40:47
support
Administrator
Re:Structure of Income Statement
The Expense Report issue should now be resolved.
08/02/2009 17:27:32
support
Administrator
Re:Structure of Income Statement
Thank you for the feedback. We are looking into the Expense Report issue. The purpose of the expense report is to allow you to track expenses that you need to report to your company so you can receive a reimbursement for the money spent. We'll also be adding a custom date option for graphs in an upcoming release.
07/29/2009 21:21:00
Thomber
User
Re:Structure of Income Statement
Thank you for your response. Further questions please: 1. Budget Tracker recognises "Year to Date" from January to December only. As many businesses run their financial year from July to June, "Year to Date" July to June would be preferable. Can this be set up as drop down option or else? 2. I believe the selection and type of available reports is very limited. I would like to see for example: a) A transaction report per category for custom dates b) A transaction report per Payee for custom dates c) A monthly budget report (actual vs Budget); I have seen the Download Data option, when I downloaded actual vs spending to Excel I got a column where the actual figures had a "minus" in front so "Total Available" was not a subtraction but a sum- totally incorrect d) Question: What is the purpose of the Expense report? What information is it supposed to convey? Why do the column headings not coincide with the values & info below it in the columns? Could you please respond on the above for now thanks.
07/29/2009 05:06:02
support
Administrator
Re:Structure of Income Statement
Thank you for bringing this to our attention. The Bills category is just a default until you change it from the My Budget page. There is a bug however that is not letting your split sub-categories be updated by default which we will look into. You can also organize your categories however you want from the My Categories page which is directly reflect on your Budget.
07/28/2009 12:26:20
Thomber
User
Re:Structure of Income Statement
I am terribly sorry but I still do not understand what you mean. When I first started with BudgetTracker, I created the budget, setting up splits where applicable. After completing the budget I set up bills, also splits where applicable. Then I tied these with the budget and then the "Bills" category crept into my budget where I did not want it. If I do what you recommend, i.e. klick on the drop down box next to tie firstly, there is only room for one category whereas "Splits" require more than one category and secondly, why is this action needed when all the $'s have been allocated where they should be? Please clarify. I have now broken the tie with the budget and the Bills are still there. I guess having worked with BT and I have committed a fair time & priority to it, I still have many questions to come (sorry to say but true)
07/28/2009 06:41:13
support
Administrator
Re:Structure of Income Statement
When you create a new bill, there is a checkbox to tie it to your Budget. From that list you can select the name of the category for that Bill or create a new one. By default, if you dont select anything from the list but leave it checked, the category will be the same name as your bill. To correct this, go to My Budget and click on the subcategory name to edit it and change the name to what it should be.
Yes we'll go ahead and add in the Categories as well to the Income Statement in our next release.
07/21/2009 13:31:31
Thomber
User
Structure of Income Statement
Two Questions: 1. When setting up Bills and the bills are tied to the budget, the Payees sneek into the Income Statement under Categories where they shoudn;t be? Also, Bills become a Category of the Buget what it really shouldn't be. How can I get rid of this? 2. Can the Income Statement be structured per Category per SubCategory and not all Subcategories in alphabetical order? As Sole Trader I have a category 'Business Expenses" and the way the Income Statement shows up, business income subcategory expenses are all over the show.
