Is saving goals possible?

[Derek Atkins]

Hi,

Quoting Alan Hartless <harty83 at gmail.com>:

> Is there a feature in gnucash for saving goals?  For example, I have a
> savings account with one lump sum of money.  But I want to be able to
> separate that sum into goals.  Let's say I have two thousand dollars in
> my savings account.  I want a way to be able to look and see that I have
> 300 towards a laptop, 700 towards summer cash, and 1000 towards
> emergency cash.
>
> I thought that maybe I could use gnucash's double entry to do this.  But
> can't get it to work the way I want.  Here is a "concept map" for what
> needs to happen separated by transactions.
>
> 1) My work direct deposits my paycheck into my checking account.
> 2) I transfer a sum of money into my savings account.
> 3) Now I somehow need to divide up the savings into "goals," "accounts,"
> whatever but still keep the transactions and total amounts intact in my
> savings account for reconciliation purposes.

Make subaccounts of your savings for each bucket you want to plan for.
Everytime you transfer into the savings account you can then split into
the various subaccounts.  When you reconcile, just be sure to check the
"include subaccounts" checkbox.

> Does this make any sense at all?
>
> Thanks in advance!
> Alan

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available