When creating a budget for next year allow for Inflation adjustment of budget amounts (Q Windows)
This Idea is based on the original discussion by @WilBV and an Idea post for Quicken Mac.
The same enhancement should be made for Quicken for Windows, both US and Canadian versions.
What's needed is a method to extend a budget into next year and adjusting all or selected budget categories by a percentage for inflation or deflation.
For example, in Quicken for Windows, when starting the new year's budget one gets prompted:
What if there were an additional selection item like this?
- Inflation/Deflation Adjustment:
Copy 20xx budget categories and budget values to 20yy
and adjust by [+/-] [xxx.xx] percent
for example: [+] [5] percent
When this option is selected, another list of budget categories pops up where one can select all / exclude all / select multiple categories. The adjustment is applied only to selected categories.
Comments and votes, please!
Comments
-
I don't use Q's Budget function, but this idea makes sense to me.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
While the idea seems good at first the more I think about it I believe it would be a poor replacement for a user just looking at their budgets vs the actual expenses and adjusting as needed. Also the budget module as it exists in Quicken today is a very fragile thing and to try and add this may lead to more issues than it solves. It is a good thought though.
0 -
From your example I think I discovered the way to create at budget from last year's actuals. THANK YOU!!!1