Where does Quicken obtain information to display lowest forecast balance in the bills and income rem

johnodrake
Member ✭✭✭✭
I have, off and on, over the past year or so, tried to learn where Quicken got the information to calculate the lowest balance forecast. The number that I get does not (even remotely) correspond to any one or group of accounts. I believe I posted this question before sometime ago and did not get any answers. So, here it is again. Anyone know?
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Answers
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The lowest forecast balance projection appears to be based on the existing and scheduled transactions over the specified date range in the selected spending accounts.0
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My lowest forecast balance shows negative by several thousand dollars (varies based on the date range used) while the net of the balance of spending accounts (including forecast) exceeds the sum of all of payables by several thousands of dollars. In short, I can't make it add up.0
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johnodrake said:My lowest forecast balance shows negative by several thousand dollars (varies based on the date range used) while the net of the balance of spending accounts (including forecast) exceeds the sum of all of payables by several thousands of dollars. In short, I can't make it add up.0
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That is what I have been trying to do. Problem is I don't know the methodology for creating the number. I have over 30 years of quicken data. Not knowing the methodology makes it very hard to find where an error may be hiding. All my accounts are showing correct balances.0
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johnodrake said:That is what I have been trying to do. Problem is I don't know the methodology for creating the number. I have over 30 years of quicken data. Not knowing the methodology makes it very hard to find where an error may be hiding. All my accounts are showing correct balances.
What happens if you select two spending accounts? Is the lowest forecasted balance correct?
From what I can deduce, Quicken appears to be comparing the total of the projected balances of the selected spending accounts on each day of the date range and presenting the lowest total. It's easy to see it on the graph.0 -
OK - tell me how you select the spending accounts0
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johnodrake said:OK - tell me how you select the spending accounts0
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