How to reserver money?

[Mark Johnson]

Ralph van Etten wrote:

>On Sun, 2005-03-06 at 08:10 -0600, Rod Engelsman wrote:
>
>  
>
>>>How do you reserve money ? I couldn't find it in the archives and also I
>>>don't know if 'reserving' is the proper term. Something like a virtual
>>>bank account.
>>>
>>>Like you want to reserve a certain amount of money each month to go out
>>>for dinner. When enough money is 'reserved', it can be used for dinner.
>>>
>>>I can make an account for this but when I transfer money to this account
>>>      
>>>
>>>from my bank account, the bank account isn't correct anymore because the
>>    
>>
>>>money only leaves the bank account when its used and not every month.
>>>      
>>>
>>This was covered just recently. The neatest way to go about it is to 
>>create a sub-account *within* your regular checking account for the 
>>purpose. That way you can keep track of the "virtual" balances (reserved 
>>and non-reserved) and the overall account will still show the actual 
>>amount in the account.
>>    
>>
>
>But I think you have problems reconceiling the account. The transactions
>never took place on the bank account and when you finally pay something
>with the reserved money it comes from the bank account and not from the
>virtual account so you can't reconceil it.. ?
>
>Ralph.
>
>  
>
When you reconcile the account, the initial dialog has a check box that 
allows you to include the sub-accounts.  (I asked the same question last 
time around.:)

Mark