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Article #11497

Re: Quicken vs Managing Your Money

#11497
From: Jeff Libby
Date: Fri, 08 Jan 1993 19:15
33 lines
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In <1ij9guINN6b8@hp-col.col.hp.com> dana@col.hp.com (Dana Johnsonx2136) writes:

>How do Quicken and MYM handle rolling over from one year to the next?  I have
>been using MacMoney which keeps individual years in different databases. This
>makes reconciling accounts cumbersome at the beginning of a year.

This is one place where I think that Dollars & Sense has clearly the
best approach (of the alternatives that I've seen).  It keeps up to 2
full years of data in the database.  So when you start a new year in
January of 1993, you are throwing out (archiving, actually) the data
from 1991.  You keep your 1992 data and add the 1993 data through
1993.

This has a couple of benefits.

  -- You can continually update last year's data.  In my case, I get
         various statements and stuff that affect last year's taxes
         through the first 3 months or more of a new year.

  -- You can look at last year's data without having to close your
         current year's file and open the previous year's file.  I
         found that I did this quite often, maybe because it was so
         easy. 

I've recently switched over to MYM because I like its integrated
investment tracking.  But I do wish it kept two years of data
available, like Dollars & Sense. 

--
==========
Jeff Libby		
Silicon Graphics
libby@asd.sgi.com
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Path: arc1-ca.pugleaf.net!sparky!uunet!dtix!darwin.sura.net!sgiblab!sgigate!sgi!fido!berg!libby
From: libby@berg.asd.sgi.com (Jeff Libby)
Newsgroups: comp.sys.mac.apps
Subject: Re: Quicken vs Managing Your Money
Message-ID: <1ikjsoINNhle@fido.asd.sgi.com>
Date: 8 Jan 93 19:15:36 GMT
References: <1if8u6INN36l@armory.centerline.com> <1ij9guINN6b8@hp-col.col.hp.com>
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