Comments on: Test Driving Spending Profile http://www.canadiancapitalist.com/test-driving-spending-profile/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Marc http://www.canadiancapitalist.com/test-driving-spending-profile/#comment-177602 Marc Sun, 04 Jan 2009 22:57:07 +0000 http://www.canadiancapitalist.com/2007/04/10/test-driving-spending-profile#comment-177602 Anyone know what happened to the spending profile website??? Seems to be down! Anyone know what happened to the spending profile website??? Seems to be down!

]]> By: Payday Loans UK http://www.canadiancapitalist.com/test-driving-spending-profile/#comment-30289 Payday Loans UK Fri, 20 Apr 2007 15:37:26 +0000 http://www.canadiancapitalist.com/2007/04/10/test-driving-spending-profile#comment-30289 its good to have track of your fianances. and it is more convenient to acess your account from anywhere and that too, free of cost. i like it. its good to have track of your fianances. and it is more convenient to acess your account from anywhere and that too, free of cost. i like it.

]]> By: awardtour http://www.canadiancapitalist.com/test-driving-spending-profile/#comment-28245 awardtour Wed, 11 Apr 2007 20:20:53 +0000 http://www.canadiancapitalist.com/2007/04/10/test-driving-spending-profile#comment-28245 wesabe.com does similar stuff and has some really well-executed features for tagging (and auto-tagging) transactions. wesabe.com does similar stuff and has some really well-executed features for tagging (and auto-tagging) transactions.

]]> By: Steve D http://www.canadiancapitalist.com/test-driving-spending-profile/#comment-28243 Steve D Wed, 11 Apr 2007 20:03:00 +0000 http://www.canadiancapitalist.com/2007/04/10/test-driving-spending-profile#comment-28243 I created a simple Excel tool for the same. Basically my own chart of accounts and a few lookups and lists The bank allows data exports to a text file, which is first loaded into Excel and second coded to accounts, in a general ledger. Some coding is automated, for example all buys from the grocery store are groceries, unless I make a manual override. It only takes 5 min 2 times a week to import and code the transactions and then add a couple of lines for any cash buys. In accounting like fashion when the debits don’t balance with the credits, I do my best remember what I bought to bring each T account back into balance. It’s probably in the cash transactions. Querying the data in the general ledger, pie-charts can be created to analyze spend. The tool is nothing fancy and without the QuickBooks extra’s that got in the way. Found the hardest part to be managing duplicates in the Bank data downloads. After to get started with QuickBooks a few times, I became frustrated with tracking my spending and investing. It just took longer than using Excel and wasn’t flexible enough to accommodate by securities trading. The Royal bank’s action direct trading service doesn’t have export capability in to QuickBooks, what a Royal pain. Should clarify, at least it didn’t last year with my latest attempt using QuickBooks A free online tool sounds like a good alternative solution from the main providers. CC- thanks for the great website and your daily efforts. -Steve. I created a simple Excel tool for the same. Basically my own chart of accounts and a few lookups and lists

The bank allows data exports to a text file, which is first loaded into Excel and second coded to accounts, in a general ledger. Some coding is automated, for example all buys from the grocery store are groceries, unless I make a manual override. It only takes 5 min 2 times a week to import and code the transactions and then add a couple of lines for any cash buys. In accounting like fashion when the debits don’t balance with the credits, I do my best remember what I bought to bring each T account back into balance. It’s probably in the cash transactions. Querying the data in the general ledger, pie-charts can be created to analyze spend. The tool is nothing fancy and without the QuickBooks extra’s that got in the way. Found the hardest part to be managing duplicates in the Bank data downloads.

After to get started with QuickBooks a few times, I became frustrated with tracking my spending and investing. It just took longer than using Excel and wasn’t flexible enough to accommodate by securities trading. The Royal bank’s action direct trading service doesn’t have export capability in to QuickBooks, what a Royal pain. Should clarify, at least it didn’t last year with my latest attempt using QuickBooks

A free online tool sounds like a good alternative solution from the main providers.

CC- thanks for the great website and your daily efforts.

-Steve.

]]> By: Jon D. http://www.canadiancapitalist.com/test-driving-spending-profile/#comment-28188 Jon D. Wed, 11 Apr 2007 15:15:03 +0000 http://www.canadiancapitalist.com/2007/04/10/test-driving-spending-profile#comment-28188 At a glance, it looks like it does exactly what MS Money does for me. So if anyone out there doesn't want to buy MS Money give this site a shot. The primary reason I use MS Money is for importing for different accounts / credit cards and then sorting spending by category for month to month comparison. Highly recommend anyone wanting to know where their "money" goes to give this a shot. At a glance, it looks like it does exactly what MS Money does for me. So if anyone out there doesn’t want to buy MS Money give this site a shot. The primary reason I use MS Money is for importing for different accounts / credit cards and then sorting spending by category for month to month comparison. Highly recommend anyone wanting to know where their “money” goes to give this a shot.

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