SplashMoney is a personal finance application for Windows and Mac OS that allows you to:
Launch the SplashMoney Installer and follow the on screen instructions. The installer installs the following files:
When you launch SplashMoney, you will be prompted to enter a registration code or to run in Trial mode. You may run the software for 15-days in full-functioning Trial mode. The Trial software and Registered software are identical. Once the trial period ends you must purchase and enter a registration code to continue using the software. You do not need to re-install the software. Simply enter a registration code and your Trial version will be converted into a Registered version and all your data will remain intact.
When launch SplashMoney you are presented with the Accounts Pane on the left. Several sample accounts will appear. You can edit these accounts or create new ones. SplashMoney supports the following account types:
You can create an unlimited number of accounts. The Account Info dialog lets you enter the following information:
SplashMoney can connect to many online banks using OFX "Direct Connect" technology. Ask your bank if you are able to use their online service with Direct Connect. They will probably want to hear that you are using it with Quicken 2000 or later, since many banks have business relationships with Quicken. But in most cases, if it works with Quicken, it will work with SplashMoney since we are employing the same technology.
To set up online banking, open the Account Info dialog by double-clicking the account you wish to edit.
Note: In some cases the username/password you use to log into your bank's web-site is different than the username/password required for "direct connect" online banking as found in SplashMoney and Quicken. Check with your financial institution to see if you need a special username/password for direct connect online banking and whether any fees apply.
Once you have set up an account for online access, you can click the Go Online button to download recently cleared transactions from your bank directly into your SplashMoney register.
Note: When transactions are downloaded from your bank SplashMoney will attempt to match those transactions with any existing transactions in your register, or will add them as New transactions. You will be prompted to Review the downloaded transactions and verify whether they are Matching or New transactions.
Tabs are used on the desktop to allow quick access to the Register, Reports, Budgets, and Reconcile tool. The Account View on the handheld application is constantly available in the Accounts pane on the left of the desktop application.
The following menu options are available in the SplashMoney Desktop.
User Menu - a list of the Palm user names that synchronize with your desktop. Make sure you have the correct one selected to ensure synchronization.
Type: Type of transaction (check, deposit, withdrawal, ATM, etc.). Note: if you choose check#, the next check number will be automatically entered but you can change the check number if desired. You may also create custom transaction types (see Transaction Types).
Amt: The amount of the transaction. The amount is recorded in your home currency, known as your base currency. You may enter a foreign currency and its exchange rate by clicking the Currency Converter (X) icon (see Multiple Currencies).
Cat: You may enter a Category (e.g., Auto, Dining, Groceries, etc.) and/or Class (e.g., Personal, Business, etc.) in the Category field. Just as in Quicken and Microsoft Money, Categories and Classes are separated by a slash (/) and you can also split a transaction over multiple Categories and Classes by selecting SPLIT from the Category popup menu. You may enter the Category and Class or select from the popup menus of memorized items. The Category menu appears on the left and the Class menu appears on the right. SplashMoney includes predefined categories and classes, which you can modify. You may also transfer money to another Account by selecting the Account name enclosed in brackets (e.g., [Visa]) from the bottom of the Category menu (see Category Transfers).
Memo: Enter a memo, or click the memo icon to enter more information.
State: Select the state of your transaction: Uncleared if the transaction has yet to clear your bank, Cleared, Reconciled if the transaction has been verified against your statement, and Void to disallow the transaction (see Balancing Accounts).
Delete: This button only appears when editing an existing transaction (see Deleting Transactions).
Purge: This button only appears when editing an existing transaction (see Purging Transactions).
SplashMoney includes several built-in transaction types (check, deposit, withdrawal, ATM, etc.) and you can create additional custom transaction types. To create a custom transaction type, select Edit Transaction Types from the List Menu, click New, choose Deposit or Withdrawal and enter a name. Once you've created a custom transaction type, its name will appear in the Type popup menu in the Edit Transactions dialog.
SplashMoney supports Scheduled Transactions, enabling you to setup transactions that occur on a regular basis. Once you setup a Scheduled Transaction, you can choose to record it manually or be reminded when it's time to record the transaction.
There are several options available for the frequency of Scheduled Transactions and how you want to enter them in your register, as follows:
Next Date: The date of the next (or first) occurrence.
Frequency: Monthly, Twice a month, Quarterly and so on.
Repeat: Select Indefinitely for a transaction that is ongoing (e.g., Cable TV) or # of Times for a transaction that occurs a specified number of times (e.g., car loan or mortgage).
Enter: Choose one of the following options for how you want the scheduled transaction to be entered into your account register:
Recording Scheduled Transactions
Depending on how you choose to enter scheduled transactions you will receive one of the following alerts:
Scheduled Transactions prompt: If you have one or more transactions that are due you will be prompted to view them when you launch SplashMoney. If you click Yes, you will be taken to the Upcoming Transactions dialog where you can record them. If you click Later, you will be reminded again the next time you launch SplashMoney.
Upcoming Transactions dialog: You may view and record scheduled transactions by selecting Upcoming Transactions from the File Menu. The Upcoming Transactions dialog displays all scheduled transactions thru the date specified in the Thru popup menu. You may select a scheduled transaction and click one of the following buttons:
Amount: The amount of the transfer.
To: The Account the funds will be deposited into.
Cleared: Whether or not the Transfer is cleared. (Chances are the transfer has cleared your bank since they probably conducted the transfer. But you can always mark it as cleared later when reconciling your account.)
SplashMoney displays the name of each Account in brackets at the end of the Category list (similar to Quicken and Microsoft Money). This enables you to transfer funds to an account from within the Edit Transaction dialog. For example, when writing a check for your Visa bill, you could create a new transaction in your Checking account and select [Visa] from the Category popup. This will create a corresponding deposit in the Visa account in the same amount. These two corresponding transactions are dynamically linked and if you change the data in one, it will be reflected in the other.
SplashMoney supports multiple currencies allowing you to track accounts in different currencies as well as recording individual transactions in different currencies and converting them to your account currency. You must specify a Base Currency, and all other currencies will have a conversion rate relative to the Base Currency. Each account can use a different Account Currency, but there is only one Base Currency. In the Accounts Pane, each account balance is displayed in its own currency. But the Total Balance (Net Worth) at the bottom of the Account View is calculated by converting each account total to the base currency and summing the account totals.
You may create up to 15 currencies, each with its own conversion rate. One currency must be defined as your Base Currency with a conversion rate of 1.0. All other currency conversion rates will be in relation to the Base Currency. Conversion rates are dynamically updated as you create new transactions and edit the Conversion rate in the Set Currency dialog, discussed below. To edit/create a Currency:
Entering a Foreign Currency in a Transaction
While entering a transaction in the Edit Transaction dialog, click the Currency Converter button , which appears to the right of the Amount Field.
Since conversion rates change daily, they can be edited while entering a transaction in the Convert Currency dialog. When you edit the conversion rate for a transaction, you are only editing the conversion rate for that specific transaction. It will not affect the conversion rate for any previously entered transactions. When you enter future transactions, however, the last conversion rate entered for that currency is recalled.
You can balance your SplashMoney account so that it matches the closing balance on your bank statement using one of the two following methods:
If it does not, SplashMoney will create an Adjustment transaction to reconcile the accounts.
Click Done and the marked items will be marked as Reconciled in the Register.
As a simpler alternative to Reconciling, you can easily change your Ending Balance by clicking the Ending Balance amount in the Register View and entering a new amount. When you do this, SplashMoney actually adjusts the Beginning Balance by the appropriate amount to get the Ending Balance to equal the desired amount. This method is the quickest and easiest way to make sure your SplashMoney register reconciles with your bank statement or a desktop application like Quicken or Microsoft Money, but it does not provide any record of the adjustment you made to the register.
A note about the difference between Balance and Cleared Ending balances:
SplashMoney provides several methods for removing transactions, each with unique characteristics, as follows:
When you delete a transaction it removes it from your register and it is no longer calculated into your account balance. You should not delete valid transactions as it will alter your balance and potentially cause problems when reconciling. It is recommended that you purge valid transactions instead.
When you purge a transaction, it is removed from your register but your beginning balance is adjusted by the amount of the transaction being purged. The end result is that your ending balance will be accurate even though the purged transaction is no longer listed in the register. For example, you can purge all cleared transactions or all transactions over 3 months old, and still have an accurate ending balance.
You can purge transactions individually in the Edit Transactions dialog, or in batches as follows:
Purge Before: As an alternative to purging all cleared or reconciled items, you may wish to keep several months worth of transactions on your handheld for your records. Using the Purge Before command you can purge transactions before a specified date. Note: Any items that are purged will be automatically cleared and your Beginning Balance will be adjusted so that the Ending Balance will remain accurate.
Purge Cleared: SplashMoney will remove the cleared transactions from your register and adjust your Beginning Balance by the total amount of the purged transactions, so that your Ending Balance will remain accurate.
Purge Reconciled: SplashMoney will remove the reconciled transactions from your register and adjust your Beginning Balance by the total amount of the purged transactions, so that your Ending Balance will remain accurate.
If you void a transaction, the transaction will remain in your register, so you have a record of it, but its amount will be ignored and not calculated in your account balance.
In either the Report View or Pie Chart View, you may drill-down on any item in the report by double-clicking on it. For instance, if you are viewing a report by Category, you can double-click "Groceries" to generate a Drill-down report showing all the transactions that are assigned to the Groceries category in that time period.
Tip: You can find all the transactions that are not categorized by generating a Category Report and clicking the total for <Unassigned>. This will create a Drill-down report for all the Uncategorized transactions. You can then open each transaction and assign categories to them.
You specify the budget amount for each item (Category, Class or Payee) by clicking on the Budget Amount in the Budget column. This will open the Budget Amount dialog where you specify a monthly budget amount for that item.
Note: You may only specify a monthly budget amount for each item. When you are viewing a budget report for a time period of a Quarter, the monthly amount will be multiplied by three, and when viewing by a time period of a Year, the monthly amount will be multiplied by 12.
If you double-click the item name (Category, Class or Payee) in the Budget view, it will open the Drill-Down Report for that item. The drill-down report will show all the transactions associated with that item in that time period (Month, Quarter or Year).
Entering a Password -- You will be required to enter your password each time you launch SplashMoney.
Changing a Password -- To change a password, select Set Password from the File Menu, enter your Old Password, then enter and confirm the New Password.
Removing a Password -- To remove a password, select Set Password from the File Menu, enter your Old Password, then leave the New Password and Confirm fields blank.
You can import QIF, OFX and CSV into the SplashMoney desktop. Select Import from the File menu to access these commands. SplashMoney can also export to QIF or CSV in order to backup and transfer data to other applications. Following is a description of these formats:
Data (Transactions) may be transferred into SplashMoney by importing a QIF or QFX file. Most online banking institutions will allow you to export transactions in QIF or QFX format. To import data to SplashMoney from an online bank, do the following:
Download a QIF or OFX file - From your online bank, follow the steps necessary to download transactions in QIF or QFX format.
Launch SplashMoney - Open the SplashMoney Desktop and drag the QIF or QFX file into the Accounts Pane, or select Import from the File Menu. Then you must select an Account to import the transactions into or choose <New Account> to create a new account for the transactions.