How Expenses are Handled When Ending on a Date
I entered a date of 3/31/2040 for when an expense I entered will end. How does the program handle this expense in the final year, 2040?
Expenses that end on a date will be pro-rated for the year. WealthTrace uses calendar years, so if the expense is $10,000 and ends on 3/31/2040, the total amount for this expense in the year 2040 will be (90/365) * 10,000 = $2,466.