Assets and Liabilities in Goals and Additional Cash Inflows Section
When I add a new house purchase under Other Assets & Liabilities do I also need to add the costs for the sale under Goals and Additional Expenses and do I need to add the sale of the house under Additional Cash Inflows?
When adding a lialbility the program will ask you if you want to also add this to the Goals & Additional Expenses section. If you select Yes, the program will automatically add the payment for you as an expense in the Goals & Additional Expenses section. If you select No, but want it as an expense, you must manually add it to this section. If you plan on selling an Asset, you must add this sale to the Additional Cash Inflows section. Just adding it to the Assets section is not enough for it to show up as a cash flow.