Expenses and Cash Flows Seem Too Small in the Current Year

Why are my expenses and cash inflows smaller than what I entered for the current year?

WealthTrace uses calendar years. So in the current year, cash flows are pro-rated based on how much time is left in the year. For example, if today's date is 4/1/2024, and you have an expense that is entered as $10,000 per year for the next five years, the expense in the current year will only be (3/4) * $10,000 = $7,500 because the year is already 1/4 over. Starting in the second year, this expense will show as $10,000.

related articles