Is saving goals possible?

Paul Schwartz pmjs1115 at yahoo.com
Thu Nov 23 12:36:26 EST 2006


Why not just create subaccounts to your savings account? Then, you can either make the transfers directly from the checking account or from the main savings account if you elect to allow entries to it.

My .02.

Paul

----- Original Message ----
From: Alan Hartless <harty83 at gmail.com>
To: gnucash-user at gnucash.org
Sent: Thursday, November 23, 2006 10:04:15 AM
Subject: Is saving goals possible?

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.

Does this make any sense at all?

Thanks in advance!
Alan

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