Bug: "Bank Balance" leads to omission of pending transactions from Cash Flow

bob303727

PROBLEM: Any time you are viewing transactions using "Bank Balance", all of your cash flow projections disregard any pending transactions. However, the whole point of selecting "Bank Balance" is that the reported balance does not include pending transactions — and so, it would seem appropriate to credit/debit any pending transactions from the reported bank balance at the beginning of the Cash Flow.

EXAMPLE: Your bank balance is $5000. You have a pending debit of $4000. Under "Balance with Pending" your balance would show as $1000 at the beginning of your cash flow plot. However, under "Bank Balance", the $4000 pending debit disappears entirely — it is now reflected neither in the balance, nor in the cash flow projections — and so the end result is that your projections are all falsely inflated by $4000 from here forevermore.

This is a major problem and can lead to huge cash flow errors. This applies both to Recurring/Reminder transactions, pending transactions, and also A2A transfers.

Recommend fixing this ASAP!!!

DryHeat

@bob303727

However, the whole point of selecting "Bank Balance" is that the reported balance does not include pending transactions

If by "reported balance" you mean the balance the back is reporting to Simplifi, then I think you may have the meaning of the options reversed. (Let me know if I misunderstood your post. It happens.)

The purpose of the "Balance Type" option is to allow you to correct the reported balance depending on whether your bank includes pending transactions in that balance.

• If the bank does not include pending transactions, use "Balance with Pending."
• If the bank does include pending transactions, use "Bank Balance (Default)."

Note: I posted what I hope is a clear explanation of how the Balance Types work here and one of the coaches confirmed that it is the correct understanding.

https://community.simplifimoney.com/discussion/comment/62110#Comment_62110