I’m absolutely brand new to QF, but have a long history with finance & accounts.
One thing that I’m looking to do is to record future commitments or planned expenditure. I’ve read the Cashflow Forecasting thread, but this is like that. I’m running the books for a local Association & managing what we’ve committed to is a key part as we provide support for many community activities & need to be careful not to over extend our finances.
So, what I want to be able to do is record planned expenditure against the bank balance. This way I will always know that we have sufficient funds to cover our activities.
What you could do is set up a holding account for planned funding and then transfer money to this which would make it unavailable for use elsewhere.
I would be inclined to set up 2 holding accounts, one for the planned expenditure and one for the available funds, which would just be a mirror of the current account in effect but with future funding transferred out and placed in the planned expenditure account. You will then be able to leave the current account as a true reflection of your actual bank account.