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How do people handle investments in the budget side of things? I get that you can add a line item under savings for "investments" but the balance of investments will change due to gains/losses etc. Is there a way to track that in the budget portion, or is that budget investment number (overall, not monthly addition) a made up number? For clarity: I decide to put $250 a month into an investment account. After 4 months the balance in my Budget area will say $1,000. But let's say I made some good trades and turned that $1,000 into 1,100. So my investment account says 1,100 but my budget area for investment says 1,000. How can I reconcile those?
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Jan 2, 2014 19:39
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| # ¿ Apr 28, 2024 05:39 |
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Look for transposition errors the easy way! The difference will by divisible by nine. Divide the difference by 9 (or 90, 900, 9000, etc) and that's the difference between the two swapped digits. The original difference value will be what digit is being swapped. Example: You're off by 180. So we're looking for something transposed in the hundreds digit that has a value differential of two. Look at the hundreds and tens digits of your data set. Look out for a number that looks like the followng: 9750, 4680, 3350, etc. A number like that is probably your culprit. Bloody Queef fucked around with this message at 19:13 on Apr 29, 2014 |
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Apr 29, 2014 19:11
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I Love Topanga posted:You just blew my mind. I teach this to every entry level Associate in public accounting that I work with and no one has ever heard of this. To be fair, I learned it when I was an intern at a small private corp.
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Apr 29, 2014 22:23
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