Re: New Tutorial & Cash Accounts
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Posted by Mark on January 25, 2000 at 22:16:14:
In Reply to: New Tutorial & Cash Accounts posted by Tom on January 24, 2000 at 21:22:05:
: Hi Mark, Thanks for posting the new tutorial/introduction
: to Fund Manager. I know that for lots of us visual examples
: are a *much* more effective means of learning something new than
: trying to digest dry text. It's a welcome addition. : I'd like to suggest an addition to the tutorial (ver 1.01 ?)for
: you to consider. I was surprised to see the minimal discussion
: of a cash account. This is, by far, the area of configuring FM
: that gave me the most trouble. Those of us that actually use
: "real world" Cash Accounts in FM that mirror our brokerage accounts
: *need* to know that when "setting up" the portfolio you *must*
: enter the cash account info *first*. I'm sure that anyone who
: spent an entire evening entering all of their portfolio data,
: and doing the cash account last (because it was the "least
: important" entry), only to find that it didn't work and had to
: be all done over would agree with me. My feeling is that when
: setting up a new portfolio that this is the *first* decision to
: be made: "Are you going to use a "real" cash account?" If so,
: you need to start with that. : The other area that I think would be really helpful would be a
: discussion of the terminology in the EDIT ALL DATA field relating
: to cash accounts. I found that entering the data for the actual
: investments to be relatively intuitive. But, because you're using
: the same forms for the cash account as for your investments even
: though a (+) in one is a (-) in the other, I find that entering data
: for the cash account to be very confusing. : regards,
: Tom Hi Tom, Thanks for the feedback on the tutorial, glad you found that useful.
Regarding cash accounts, you only need to set up the cash account first
if you want all your historical transactions to have corresponding entries
in the cash account. Some people may also prefer to just start the cash
account off with a certain balance on a day. Which type of cash account entries are confusing, is it entering a new
transaction in the cash account, or viewing the corresponding entry
for some other transaction? Thanks,
Mark
--
Mark Beiley
Fund Manager for Windows 3.1x/95/98/NT
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