Moneyspire Windows
Contents
1. Net Worth Chart This report displays your net worth trend over the last 12 months Printing Moneyspire allows you to print out most screens such as transaction lists reminders and reports either via the File gt Print menu option Troubleshooting Reports are not fitting on a single page horizontally This occurs because there is so much data to print that it can t fit on one page If you print in Landscape mode more data will be able to fit horizontally You can turn on Landscape mode via the File gt Page Setup menu option You can also resize the report columns and make them less wide which will allow more data to fit horizontally however it may cut some of the text short The edges of printouts are being cut off This may occur if the page margins are set to values which are not compatible with your printer For example if your printout is cut off from the top you should increase the top page margin You can change the margins via the File gt Page Setup menu option Importing Data From Your Bank or Another Financial Package Moneyspire allows you to import transactions from your online banking service and or another financial package so that you don t have to manually input them Please note that this feature is different from Direct Connect which allows you to connect directly to your bank from inside Moneyspire Click here to learn more about the Direct Connect feature To Import Transactions From Your Bank 1 Login2. Investment This is the investment the transaction pertains to To setup a new investment click the Tools gt Portfolio menu option Dividend This field specifies the dividend amount for dividend transactions Quantity This field specifies the number of shares sold or purchased for sale transactions Price This field specifies the investment price per unit for sale transactions This field will be automatically filled in with the current investment price specified in the Portfolio Manager Fee This field specifies any fees and commissions for sale and dividend transactions for an investment Total This specifies the total of the transaction Memo This is the transaction s memo This is optional Transfer Account This specifies the account you wish to transfer funds to or from0 for the specific investment action such as transferring dividends to a checking account for example Tips Pressing the Control Return key on the keyboard will automatically activate the Add More button so that you can easily add multiple transactions at a time Balance Forecast Tool The Balance Forecast tool allows you to see an account s balance into the future by calculating your future transaction reminders This is useful for example to see which accounts you may want to transfer money to in the near future To open the Balance Forecast tool click on the account on the left side and then click on the Forecast button Then simply sel
3. the reminder will automatically be recorded when it is due If this box is not checked you will have to manually click on the reminder when it is due and review it Configure Online Bill Pay Click this button to configure online bill pay This option is only available if your account is configured for Direct Connect and if your financial institution supports online bill pay via software If the Configure Online Bill Pay button is grayed out that means your financial institution does not support online bill pay via software Once your reminder is configured for online bill pay you can pay the bill online by viewing the reminder and then clicking the Pay Online amp Record button Adding Budgets Budgets help you compare your actual spending with your target spending For example you may want to specify a maximum amount of 175 00 for automobile fuel for one month and then check your progress as the month unfolds To add a new budget click on the Tools gt Budgets menu option and then click the Add button Below is an explanation of the fields you have to fill in Budget Name The name of the budget This can be anything you want such as My Budget Monthly Budget Amounts This is where you specify the monthly budget for each category Unbudgeted Expenses This is where you specify the monthly budget amount for all other expense categories not specified in the Monthly Budget Amounts Category list This is useful because you may onl
4. appropriate currencies after the import process is completed In addition since QIF files do not contain rate information any transfers between foreign accounts will not be imported correctly The result of the import will be that you will be left with two transactions for each foreign account transfer and the transactions will be without exchange rates To remedy the situation you will have to delete the duplicate transactions and then edit the remaining transactions and set the appropriate rates Troubleshooting 1 If you are receiving the error message Error opening QIF file when trying to import a QIF file from a CD try copying the QIF file to your hard drive and importing it from there instead Direct Connect Moneyspire allows you to download transactions directly from your financial institution through a secure encrypted Internet connection with a single click instead of having to manually import transactions or enter transactions manually This feature is known as Direct Connect otherwise known as Quicken Online Banking To enable this feature with your financial institution 1 Call your financial institution s customer service department 2 Request for your financial institution to enable Direct Connect otherwise known as Quicken Online Banking 3 You may be asked what software you are using if so tell the customer service representative that you are using Moneyspire which is Quicken compatible If your financial
5. choose either Standard which is your typical business check or printer check stock or Wallet which is the standard personal checks usually provided by your bank Note that you can customize the check printing options by clicking the Calibrate button so technically you can print on any kind of check Page Orientation This is the position that the check will be printed in i e Portrait or Landscape depending on the way you position the check paper in your printer It is highly recommended that you print a test check on regular paper before printing your actual checks For example you may need to adjust the positions of the various items on the check or you may need to adjust the page orientation of the printed check This will allow you to see how the check will come out and will allow you to make any necessary adjustments To do this click the Calibrate button and then click the Print Test button Customizing check printing options You can customize the check printing options to match your specific check paper by clicking the Calibrate button Here are the available options Date Horizontal Date Vertical These are the horizontal and vertical positions for printing the date on the check paper Payee Horizontal Payee Vertical These are the horizontal and vertical positions for printing the payee on the check paper Memo Horizontal Memo Vertical These are the horizontal and vertical positions for printing the memo on the ch
6. the Next button to proceed to step 5 Step 5 In step 5 you can setup your budgets which allow you to set your desired spending for a given period of time For example you can set a maximum of 175 00 for automobile fuel for one month and then later compare your actual spending with your target spending This step is optional and you add more budgets later To setup a budget click the button labeled Click here to setup a new budget Once you are done setting up your budgets click the Next button to complete the setup Operating the Program Moneyspire was designed to be straightforward and easy to use The main screen is split up into four 4 sections 1 Reminders The reminders screen will show you all your upcoming due and past due bill and deposit reminders Your reminders will be displayed in two formats a calendar and a list The calendar allows you to visually see and browse your upcoming bills while the list allows you to see each bill reminder and its status in an easy to read list format 2 Budget The budget screen will show you how you are currently doing on your budget including how much money you have spent and how much money you have left in your budget or how much money you have overspent You can also click on an individual budget category to see a a detailed list of the spending for that particular category and budget period 3 Reports The reports screen allows you to generate detailed reports on your ex
7. For credit card accounts this is the interest rate of the credit card For loan accounts this is the interest amount and additional charges Notes These are any notes you want to enter about the account For example you may want to enter the bank s phone number address etc This is optional Configure Direct Connect Click this button to configure the Direct Connect service which allows you securely connect directly to your bank and download transactions automatically Learn more about this feature This account is closed This is the account s closed status You should check this box when the account is no longer active Closed accounts are not displayed on the home screen and not included in your net worth Adding Transactions Transactions help you keep track of your financial activity such as withdrawals and deposits To add a new transaction first click on the account on the left side and then click the New button to add the new transaction to the account Below is an explanation of the fields you have to fill in Date This is the date of the transaction Number This is the reference number of the transaction such as the check number This field can also specify the transaction s type such as ATM and comes with some common transaction types built in However you can add custom transaction types by selecting the Tools gt Number Items menu option This field is optional Payee This is the transaction s payee F
8. Launch the other financial software 2 Export your desired data to a QIF file s or CSV file s usually via the File gt Export menu 3 In Moneyspire select the File gt Import QIF or File gt Import CSV menu option depending on what kind of file you are importing 4 Then select the file you just exported from the other financial package and follow the onscreen instructions For best results when importing QIF data from another financial package instruct the financial package to export all data possible i e all your accounts categories etc to a single QIF file if possible QIF import results will vary depending on the quality of the exported QIF file from your financial package If you are having difficulties please contact us and we will do our best to assist you Important Notes 1 When Moneyspire begins importing the QIF or CSV file transactions it will display one of your transactions and ask you to choose the correct date for it The reason this happens is because different banks and or financial packages may use different date formats so you have to tell Moneyspire what the actual date is for the displayed transaction You are only asked this question one time per account and most of the time it is very easy to answer 2 When you import transactions from your online banking service the categories will be blank because it is more than likely that your transactions will be uncategorized Because of this Moneysp
9. Moneyspire Help Manual 2015 Moneyspire Inc All rights reserved Getting Started Getting started with Moneyspire is easy When you first start the program you will be greeted with the welcome screen Select the first option labeled Setup Moneyspire for the first time and follow the simple instructions Step 1 In step 1 you have to enter a name for your new Moneyspire file This can be any name you want and the default is My Finances Once you have entered a name click the Next button to proceed to step 2 Step 2 In step 2 you have to select your local currency Once you have selected your currency click the Next button to proceed to step 3 Step 3 In step 3 you have to setup your accounts such as your bank accounts credit cards loans etc You must setup at least one account and you can setup more accounts later To setup an account click the button labeled Click here to setup a new account You can also choose to import your account data from a QIF file instead by clicking the Click here to import your accounts from a QIF file button Once you are done setting up your accounts click the Next button to proceed to step 4 Step 4 In step 4 you can setup your reminders such as your bill reminders and other general reminders This step is optional and you can add more reminders later To setup a reminder click the button labeled Click here to setup a new reminder Once you are done setting up your reminders click
10. allows you to print checks directly from your computer making bill paying a breeze You will need pre printed checks which you usually obtain from your bank Moneyspire will print the data amount payee and memo on your checks The use the check printing feature you will first need to make which transactions you wish to print as checks To do this you select the Print Check option in the Number field when adding a transaction Then select the File gt Print Checks menu option which will print out the checks and then automatically insert the paper check s number into the Number field of the transaction Here are the available options Account The account you want to print the checks from Print all checks Select this option to print all of the checks in the account Print selected checks Select this option to choose which checks to print Print payee addresses Prints the payee s address on the check if available You can specify the payee s address from the Payees screen First check number This is the number of the first check in your printer This number will be automatically incremented for every check printed and will be inserted into the printed transaction s Number field Checks on first page This is the number of checks printed per page Usually this will be one unless you have a sheet of checks in which case you can choose either 2 or 3 checks per page Check Type This is the type of check in the printer You can
11. ay your bills online directly through the software if your financial institution supports this feature Before you can use this feature you must first configure the Direct Connect service for the account you wish to pay your bills from After you configure the Direct Connect service you can setup online bill pay for a particular transaction reminder by clicking the Configure Online Bill Pay button when setting up a transaction reminder You can also manually send online payments from the Tools gt Online Bill Pay menu option Here are the descriptions for the fields you need to fill in Payee This is the payee company that you will send the payment to Account Number This is your account number at the company payee that you wish to make the payment for Memo This is the memo to include with the payment Important Notes Not all financial institutions support online bill pay through software via Direct Connect Even if your financial institution lets you download your transactions through Direct Connect it does not guarantee that they support online bill pay If the Configure Online Bill Pay button is grayed out that means your financial institution does not support online bill pay via software Once your reminder is configured for online bill pay you can pay the bill online by viewing the reminder and then clicking the Pay Online amp Record button View Cancel Modify Scheduled Online Payments Once you send an online payment you
12. can view the payment s status or modify cancel it by clicking the Tools gt Online Bill Pay menu option Import Filters Moneyspire allows you to setup rules which will automatically categorize your transactions imported from your bank so that you don t have to manually do it To add an import filter rule click on the Tools gt Import Filters menu option and then click the Add button Here is an explanation of the available fields to fill in Search Text This is the text to search for in the transaction For example this may be a payee name such as your preferred gas station Set category to This is the category to set the imported transaction to For example if the search text is your gas station the category will be Automobile Fuel Set payee to This is the payee to set the imported transaction to For example if the search text is your gas station the payee will simply also be your gas station You are asked to set a payee because usually imported transactions contain a lot of additional text in the payee This field allows you to set the cleaned up version of the payee Automatically setting up your import filter rules by using the Training feature In addition to manually setting up your import filters you can use the training feature to automatically go through your existing transactions and setup your import filter rules based on those transactions To do this click the Train button Printing Checks Moneyspire
13. cking account and credited to the credit card account This feature lets you easily move money around in between accounts in the same way you move money around in between categories Tips Pressing the Control Return key on the keyboard will automatically activate the Add More button so that you can easily add multiple transactions at a time Adding Reminders Reminders help you remember payments deposits and other general memos To add a new reminder click on the Tools gt Reminders menu option and then click the Add button Below is an explanation of the fields you have to fill in Description This is the description of the reminder It can be anything you want such as Electric Bill or Call the bank Source Account This is the account that the funds will come from or go to For example if you are paying your electric bill from your checking account you would select your checking account in this box Number This is the reference number of the transaction reminder such as the check number This field can also specify the transaction s type such as ATM and comes with some common transaction types built in However you can add custom transaction types by selecting the Tools gt Number Items menu option This field is optional Payee This is the transaction s payee For example if you are paying your electric bill the payee will be the name of your electric company Category This is the transaction s category w
14. dding transaction When adding transactions use today s date as the default value instead of the previously entered transaction s date Automatically mark as cleared when adding transaction When adding a transaction automatically mark it as cleared instead of leaving it unchecked by default Don t automatically mark as cleared when importing transaction When importing transactions don t mark them as cleared but instead leave them unchecked Backup Folder The folder in which to store the automated data backups Password Encryption Moneyspire allows you to password encrypt your data file so that no one can view your data except those who are authorized to To password encrypt your data file click on the File gt Password menu option and specify your desired password If instead you want to remove the password simply leave the password fields blank Warning Please keep your password in a safe place because if you forget it your data will be inaccessible including backups Exporting Data to QIF Moneyspire allows you to easily export your data to a QIF file so you can import the data into third party financial software such as tax preparation software or your accountant s software To do this select the File gt Export QIF menu option in Moneyspire and specify the file to export your data to Copying Data to Spreadsheets Moneyspire allows you to easily copy your data such as transactions report results etc to your spr
15. eadsheet program so that you can further work with your data To copy your data highlight the data you want to copy and then click on the Edit gt Copy menu option Then open your spreadsheet program and select the Edit gt Paste menu option to paste the data into a spreadsheet Your spreadsheet program may ask you to specify what character is used to separate the data in that case you should specify the Tab character as the data will be in the Tab Separated Values format Backing Up Your Data You can easily backup your data so that you can restore it later in case of an accident To backup your data click on the File gt Backup menu option and then select the location you want to back up to To restore a backup click on the File gt Restore menu option and then select the backup file you want to restore Moneyspire will also make automated backups every time you finish using the software To view these automated backups click the File gt Restore menu option Getting Support If you need help please visit our support website at www moneyspire com where you can get help with any questions or problems you are having
16. eck paper Amount Horizontal Amount Vertical These are the horizontal and vertical positions for printing the amount on the check paper Amount Text Horizontal Amount Text Vertical These are the horizontal and vertical positions for printing the amount text on the check paper Payee Address Horizontal Payee Address Vertical These are the horizontal and vertical positions for printing the payee s address on the check paper Bottom Margin This is the bottom margin of the check This is used when you are printing multiple checks on one paper Options To open the options window click on the Tools gt Options menu option Below is an explanation of the available fields Text Color The color of the text displayed in the grids such as the account and transaction grids Background Color The background color displayed in the grids Background Color 2 The second background color displayed in the grids Credits Color The color that credits i e deposits will be displayed in Debits Color The color that debits i e withdrawals charges will be displayed in Font Size The font size used throughout the application such as the transaction register reports left side bar etc Print Font Size The font size used when printing Use form to add and edit transaction Use a popup form to add and edit transactions for easier reading instead of adding editing transactions inline Don t remember last date when a
17. ect a date which goes into the future and select the account you want to forecast Notes Tool The Notes tool allows you to quickly and easily make notes while you are working with your finances To open the Notes tool click on the Tools gt Notes menu option Reports Moneyspire allows you to easily generate reports that help you analyze your finances To generate a report click on Reports on the left side and select your desired report options Below is an explanation of the different reports you can generate Cash Flow This report shows your cash flow income and expenses for a given time period Cash Flow with transaction details This report shows your cash flow income and expenses for a given time period This report also displays individual transaction details Tax Related Cash Flow This report shows your cash flow income and expenses for a given time period related to taxes Only transactions with a category marked as Tax Related will be included in this report To mark a category as tax related click on the Tools gt Categories menu option and then edit the desired category and check the box labeled Tax Related Tax Related Cash Flow with transaction details This report shows your cash flow income and expenses for a given time period related to taxes This report also displays individual transaction details Expenses Chart This report displays a pie chart for the total expenses incurred for a given time period
18. hich specifies where the transaction s amount is going to or coming from For example if you are paying your electric bill the category can be Bills Electric If you want to transfer money to another account select the destination account in this box Debit If the transaction is a withdrawal or charge enter its amount here Credit If the transaction is a deposit or credit enter its amount here Split If this transaction contains more than one item such as two checks then you can click the Split button to specify the individual items Memo This is the transaction s memo or the general reminder memo This is optional Transferring money to another account Moneyspire allows you to easily transfer money from one account to another For example if you are adding a withdrawal transaction to your checking account and you want to credit that amount to your credit card account just specify the credit card account in the Category box Then the withdrawal amount will be transferred from the checking account and credited to the credit card account This feature lets you easily move money around in between accounts in the same way you move money around in between categories Next Date This is the due date of the reminder Repeat Every Repeat Until This is where you specify if and how often the reminder repeats i e once a month and if and when the reminder ends Automatically record reminder If this box is checked
19. institution tells you they do not support Moneyspire tell them it s ok because Moneyspire is Quicken compatible 4 Be sure to obtain your user id and password which is required for you to connect to your financial institution Some financial institutions charge a monthly fee for using the Direct Connect feature If your financial institution is not listed in the software please contact them and ask them if they support Direct Connect otherwise known as Quicken Online Banking Please do not confuse this with online banking through your financial institution s website this is a different feature If your financial institution does indeed support Direct Connect and they are not listed in the software please contact us If your financial institution does not support Direct Connect otherwise known as Quicken Online Banking you can still import transactions via the web Click here for instructions To enable this feature in Moneyspire 1 Click on the Tools gt Accounts menu option 2 Select the account you wish to enable the feature for and then click the Edit Item button 3 Check the button labeled Configure Direct Connect 4 Enter your User ID Password and Financial Institution To connect directly to your financial institution and download your transactions 1 Select the File gt Direct Connect menu option 2 Then follow the on screen instructions to complete the process Online Bill Pay Moneyspire allows you to p
20. ire will allow you to specify Import Filters during the import process which allows you to automatically specify categories by using keywords in addition to specifying payees For example you can configure it to set the category to Automobile Fuel and to set the payee to Chevron if a transaction contains the text Chevron or Gas 3 Some financial packages will export all your accounts to a single QIF file while others may export only a single account to a single QIF file So depending on your financial package you may have to do multiple exports imports to transfer all your data to Moneyspire In addition some financial packages do not export specific account information So you may have to manually add your accounts before importing transactions to them If your financial package does not export multiple accounts to a single QIF file for best results you should manually add your account structure before performing an import 4 Some financial packages do not export category details such as whether the category is an expense or income category In this case Moneyspire will default all the imported categories to expense Because of this you should go through your category list after the import process and set the appropriate income categories if needed 5 Since QIF files do not store currency information all imported accounts will default to the local currency If you have any foreign accounts you will have to edit them and set the
21. o You will find all the transfer accounts at the top of the list prefixed with Transfer For example if you want to transfer to your MasterCard you would select Transfer MasterCard This feature lets you easily move money around in between accounts in the same way you move money around in between categories Reconciling Accounts At the end of your account s monthly cycle you can compare your Moneyspire data with your actual account statement received from the bank and make any necessary adjustments to make your data match your statement To reconcile an account first click on the account on the left side and then click the Reconcile button After inputting your bank statement s date and balance you will be presented with a screen containing all of your unreconciled transactions You can then compare the items on the screen with your statement and clear any uncleared items or add any missing transactions such as bank charges or interest Once the Cleared Balance and Target Balance match you are done reconciling your account Managing Investments Managing investments is easy with Moneyspire To setup an investment account 1 Click on the Tools gt Accounts menu option 2 Click the Add button 3 Specify the account details and select Investment in the Account Type field 4 Click the Record button To setup an investment security 1 Click the the accoun on the left side and then click on the Portfolio button 2 Click
22. or example if you are paying your electric bill the payee will be the name of your electric company Category This is the transaction s category which specifies where the transaction s amount is going to or coming from For example if you are paying your electric bill the category can be Bills Electric If you want to transfer money to another account select the account in this box Debit If the transaction is a withdrawal or charge enter its amount here Credit If the transaction is a deposit or credit enter its amount here Rate If the transaction is a transfer to an account with a different currency the rate field will appear In the rate field you will specify the appropriate rate between the two transfer accounts By default the current rate specified in the currency manager will be used however you can change the rate to a different number Split If this transaction contains more than one item such as two checks then you can click the Split button to specify the individual items Memo This is the transaction s memo This is optional Transferring money to another account Moneyspire allows you to easily transfer money from one account to another For example if you are adding a withdrawal transaction to your checking account and you want to credit that amount to your credit card account just specify the credit card account in the Category box Then the withdrawal amount will be transferred from the che
23. penses income and net worth You can also save reports so that you can quickly view them at any time without having to configure the report options again 4 Accounts and Transactions To view an account s transactions first click on the account on the left hand side You will then be taken to the account s transaction list where you can add edit or delete transactions You can customize the transaction register options by clicking the View menu option You will also notice there are two balance columns one labeled Balance and the other labeled Cleared Bal The first column displays the total balance of all the transactions while the second column displays the total balance of all the cleared transactions You can clear a transaction by checking its corresponding check box or by using the reconcile feature You should clear a transaction when you know it has been processed for example when a check has been cashed Managing Investments Moneyspire allows you to easily manage your investments Once an investment account is added via the Tools gt Accounts menu option you can manage your investments securities via the Portfolio button in that account register for that account and record your investment transaction activity Keeping Different Sets of Files Moneyspire allows you to keep different sets of data files For example you may want to keep one data file for your personal finances and another data file for your child
24. s personal finances Each data file will have its own set of accounts reminders categories and budgets To create a new file click on the File gt New menu option To open a file click on the File gt Open menu option Moneyspire will automatically open the last file you worked on when you start the program up Multiple Currency Support Moneyspire allows you to have accounts in multiple currencies So you may have one bank account in US Dollars and another bank account in Canadian Dollars for example When configuring an account for the first time you are asked to select the account s currency After that whenever you do transfers between accounts which have different currencies you will be asked to specify a rate between the two accounts By default the current rate specified in the currency manager will be used however you can change that You can manage your currency rates by clicking the Tools gt Currencies menu option in the program In addition accounts in foreign currencies will be automatically converted to your local currency at the current exchange rate when generating reports displaying balances etc Adding Accounts To keep track of an account s activity such as your checking account you must first add the account to Moneyspire To add a new account click on the Tools gt Accounts menu option and then click the Add button Below is an explanation of the fields you have to fill in Account Name This is the name of
25. the Add button 3 Specify the investment details 4 Click the OK button To add an investment transaction 1 Click on the account on the left side 2 Click the New button 3 Specify the investment transaction details 4 Click the Record button Other Notes The portfolio manager also lets you see how many shares you own of a particular stock as well as gains and losses You can also download the latest stock prices by clicking the Download Prices button and you can do a stock split by clicking the Split Shares button Adding Investment Transactions Investment transactions help you keep track of your investment activity such as stock purchases and sales To add a new transaction first click on the account on the left side and then click the New button to add the new transaction to the account Below is an explanation of the fields you have to fill in Date This is the date of the transaction Action This is the action you wish to record The available actions are Buy Buy shares of an investment Sell Sell shares of an investment Dividend Record a dividend from an investment Reinvest Dividend Reinvest a dividend from an investment Short Sell Short sell an investment Cover Short Cover a previous short sale Withdrawal Withdraw cash from an investment account or record miscellaneous expenses 8 Deposit Deposit cash to an investment account or record miscellaneous income NOOR ND gt
26. the account You can enter any name you want for example Checking Visa George s Bank Account and so on Account Number This is the account s number such as a bank account number and is used solely as a reference for your convenience This is optional Account Type This is the kind of account you are adding There are seven kinds of accounts Bank This is a typical bank account such as a checking or savings account Credit Card This is a typical credit card charge card etc Cash This is used to keep track of daily cash expenditures or cash in hand Loan This is used to keep track of a loan such as a car loan Other Asset This is used to keep track of other kinds of asset accounts which are not listed above 6 Other Liability This is used to keep track of other kinds of liability accounts which are not listed above 7 Investment This is used to keep track of investment accounts such as stocks aR NN Currency This is the account s currency Usually this should be set to your local currency however there are instances where you may have an account in a different currency such as a foreign bank account Initial Balance Initial Balance Owed Loan Principal This is the account s current balance and what Moneyspire will start off with For loan accounts this is the loan principal which is the amount of the loan minus any fees and interest Interest Rate Interest amp Extra Charges
27. the category is Groceries it is an expense category If the category is Salary it is an income category Tax Related Here you specify whether this category is tax related Tax related categories are included in the Tax Related Cash Flow report Adding Payees Payees let you specify to whom your money is going to For example when inputting a transaction for your electric bill you can specify the payee as your electric company Normally you don t have to manually add payees because they are automatically added when you input your transactions however you may want to manually add or edit your payee list To add or edit a payee click on the Tools gt Payees menu option and then click the Add or Edit button Below is an explanation of the fields you have to fill in Payee Name The name of the payee This can be anything you want such as Electric Company Account Number The reference account number for the payee For example this can be your electric bill s account number This is optional and is used solely for your convenience Address This is the payee s mailing address This is optional Notes These are any notes you want to enter about the payee This is optional Transfers Moneyspire allows you to easily transfer money from one account to another Simply add a transaction as usual and in the Category box click on the popup arrow button and a list will appear and select the account you want to transfer the amount t
28. to your online banking website 2 Download your transaction information to a OFX QFX QIF or CSV file Most banks support these formats please consult your bank s customer service department for assistance if you are having difficulty downloading the file Some banks may label OFX QFX files as Quicken or Microsoft Money instead And some banks may label CSV files as Excel instead 3 In Moneyspire open the account you want to import the transactions to and then select the File gt Import OFX QFX File gt Import QIF or File gt Import CSV menu option depending on what type of file you have downloaded 4 Then select the file you just downloaded from your bank and follow the onscreen instructions Whenever possible it is recommended that you download your data exclusively in the OFX QFX format because it is a more modern format than QIF is However using QIF is just fine if that is the only format your bank supports When you first import data from your bank you will most likely have an incorrect balance because your bank usually does not include your entire transaction history from the past To fix this edit the account from the Tools gt Accounts menu option and set the Initial Balance field to the difference between your account s actual balance and the balance that is reported in the program This will then update your account s balance to the accurate value To Import Transactions From Another Financial Package 1
29. y want to specify an individual budget amount for important categories you want to track such as Food Dining Out and Clothing Specifying an amount in the Unbudgeted Expenses field allows you to include all other expenses in your budget without specifying an amount for each individual expense category This is especially useful for random expenses that you do not necessarily want to track but you still want them to be accounted for Set this field to O to exclude this item from the budget Notes These are any notes you want to enter about the budget This is optional Adding Categories Categories help you track where your money is going to and where it s coming from For example when inputting a transaction for your electric bill you can specify the category as Bills Electric Moneyspire comes with a pre configured set of commonly used categories which you can modify to suite your needs if you wish To add a new category click on the Tools gt Categories menu option and then click the Add button Below is an explanation of the fields you have to fill in Category Name The name of the category This can be anything you want such as Groceries Parent Category This is the parent category of the category you are adding For example you may choose a parent category of Food for the Groceries category This is optional Category Type Here you specify whether this category is an Expense or Income category For example if
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