Expensing accrual $ monthly
I am accruing monthly for non-monthly expenses like auto ins., life ins, subscriptions etc. I see the balance available for them going up appropriately o my budget, but they don't show up as a monthly expense on my income vs expense report this way. How do I expense these amounts monthly when I haven't actually spent the money yet?
To be clear, while it seems like the budget is accrual, it's actually an allocation system. You are just dividing up un-allocated income and assigning it to categories. The monthly separation is somewhat a matter of convenience.
Transactions and transaction reporting are all cash-based.
Now, for the income and expenses report, they will show a monthly average for a given selected time period once an expense has actually been incurred.
I would be a big fan of a new report that was something like the income v expense report, but instead it shows a live view month to month of the balances in "available" in each category of my budget. This would allow you to see the amount you've been able to put month to month into a savings category, which normally doesn't show in the income v expense report because nothing has been "purchased".