Budget Ease can work just as well with cash as with anything else! The best way to track cash is to create an account on the Accounts page and call it Cash. Like this:
If you where given some cash and when you want to put it into your envelopes, you simply create a transaction on the Home screen, select Cash as the account Credit as the type of transaction, and put the cash in the envelopes you want. It would look like this:
If you are taking cash out of your checking account from an ATM, then you would enter that as a transfer from your Checking account to your Cash account by clicking Transfer Money -> From One Account to Another on the Home screen. Then input the amount your are taking out at the ATM and select from Checking and to Cash. Like this:
Now when you spend the cash you can just enter an expense for the amount you spent, and it will be deducted from the envelopes and your cash account. Like this:
Tracking cash this way you can have all the nice charts and historical info you get from an electronic tool, but still have the hands on control you get with actual cash.
Budget Ease can predict the future balance of your checking accounts. But in order for it to do that you first have to create a checking account, then you have to configure your income and bills to let Budget Ease know what account each income and bill is associated with.
After you’ve created an account on the Accounts page, go to the Budget page and click on an existing income. On the edit income screen you will see a question asking what account the income is deposited to. Select the correct account from the drop down, and make sure you have the dates of the income set correctly.
Once you have updated your incomes to use the correct account, then click on your bills and make sure you have chosen the correct account for each of them. They have a question asking which account is used to pay the bill.
Just like with you incomes, make sure you have selected the correct date for your bills due date. Once you have all these updated, the Checking Account Balances on the home screen should show the correct amounts.
If you have multiple bank accounts setup in Budget Ease and you need to transfer money between them, you can do this on the Home screen. Under the Transfer Money menu you can select ‘From One Account to Another’ as shown here:
From there you can specify the date, amount and the accounts involved in the transfer, as shown here:
This feature is useful for when you transfer money from your savings account or any time you need to transfer between accounts.