AceMoney Forums

1. I am on my first day with AceMoney evaluating the 30 day trial; thinking of leaving Quicken.
I found the How To about changing file associations so that QFX would open AceMoney, but before I do that, I want to know what I am doing. That is when I double click a QFX file in Quicken the transactions go into a Downloaded Transaction Tab. There I accept them or not.

Does AceMoney place the transactions in the register? What if I enter transactions manually; will the transactions get duplicated in the register? Or will it mark transactions as cleared?

Basically what happens if I import the file.

2. Can I create more than one budget? I saw something about favorite reports, but I have not figured out how to do a budget yet. It looks like you place the monthly budget amounts in the Category List. Then you hit the budget report button. Or you can open the budget and choose categories, Say I do it that way, How do I save it?

3. Scheduled Transactions. I just highlighted my last paycheck which comes in on the last day of the month. I have two other Incomes, one comes in on the 1st day of each month the other the 2nd Wednesday of each month. Can I schedule the every 2nd Wednesday?

4. I can not ask much about reconcile until I figure out the QFX file, but I do not use statements from the bank, I auto reconcile in Quicken after I accept the Downloaded transactions. I have played with the Balance account and think I will be able to Reconcile whenever I want after I figure out the QFX thing.

Thanks for any help.

chrstdvd wrote:That is when I double click a QFX file in Quicken the transactions go into a Downloaded Transaction Tab. There I accept them or not.

Does AceMoney place the transactions in the register?

Yes.

chrstdvd wrote:What if I enter transactions manually; will the transactions get duplicated in the register? Or will it mark transactions as cleared?

Duplicates will be matched up to existing transactions according to your configured Import Rules. Transactions actually added/matched to the Register will be marked as Imported, not as Cleared. You have to Clear/Reconcile transactions separately.

chrstdvd wrote:Basically what happens if I import the file.

Exactly what you describe above.

chrstdvd wrote:Can I create more than one budget?

Budgets are assigned to categories, and categories cannot have multiple budgets assigned to them. You can, however, create multiple Budget reports with different report criteria as needed.

chrstdvd wrote:I saw something about favorite reports, but I have not figured out how to do a budget yet. It looks like you place the monthly budget amounts in the Category List. Then you hit the budget report button.

Essentially, yes. That is the way budgeting works. The report looks at your transactions, adds up the amounts that have categories assigned, and then compares those values to your configured budget amounts.

chrstdvd wrote:Scheduled Transactions. I just highlighted my last paycheck which comes in on the last day of the month. I have two other Incomes, one comes in on the 1st day of each month the other the 2nd Wednesday of each month. Can I schedule the every 2nd Wednesday?

Not specifically, no. That feature has been requested but not implemented yet. You can assign a specific day, say the 15th, and then adjust the date on each transaction when it gets recorded into the Register.