planning and rollover amounts

I use this feature for my budgeting.  Is there a transactional process for moving rollover amounts between spending categories (e.g. - I have more than I need in Category 1 but not enough in Category 2 so I want to shift money around). I have a vague recollection in past versions of Quicken that there was a transaction you could enter that would move rollover amounts between categories. The only way that I see to do this now is to manually edit the rollover amount for the spending category on the planning tab.

Answers

  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    What you are talking about is what is called "envelope budgeting".

    Quicken has no support for that.  A couple different workarounds have been suggested (both of which seemed very complicated to me), but the bottom line is it is up to you to do it.
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  • DougMacMillan
    DougMacMillan Member ✭✭
    What are the workarounds that have been suggested? Not sure what you mean by "it is up to you to do it".
  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    What are the workarounds that have been suggested? Not sure what you mean by "it is up to you to do it".

    I was referring the the fact that you seemed to have a way to do it with editing the rollovers, but didn't like that Quicken didn't make it easier.  That is actually a new way to do it in comparison to what others have suggested.

    I don't know where the old posts on this are (years old), and I never studied the details, way to complicated for me, especially since I'm not interested in it.

    One was about using split transactions to transfer amounts between categories.
    The other I believe used Savings Goals.
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    (I'm always using the latest Quicken Windows Premier subscription version)
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