Budgeting - Let's decide what we want!

[Dale Alspach]

>You can't (shouldn't) budget asset accounts.  Only income and
>expense accounts.

There are circumstances in which budgeting asset accounts makes
sense. For eample suppose you hold a note for $50,000. You expect
to receive payments of principal of $15,000 this year. This is
not income but is an asset conversion. It won't show up in a pure
income expense budget yet you have $15,000 that can be used for
expenses or for capital expenditures, etc.

Dale Alspach