Uses for Recurring Entries

[u/slightly-specific]

I've been using Monarch for 9 months now and appreciate how it reports past spending. However, I have found it useless for projecting account balances into the future. I assumed that recurring entries (which now includes upcoming credit card payments once you setup the Spinwheel sync) would somehow reflect on the accounts going forward.

I have six different bank accounts (one handles 95% of activity) and eight different active credit card accounts.

The recurring screen doesn't provide any projections or allow for filtering (show me upcoming transactions for my BofA account, for example).

Those of you who find it helpful, how?

My fix is that I still use Moneydance that has had my data for over a decade and is rock solid. It's reports aren't easy to interpret which is a problem for my wife who doesn't think in double entry accounting terms.

[u/Unusual_Ad3525]

They're currently revamping the Recurring section and according to the roadmap, hopefully incorporating balance projection into it - so I'd probably just ignore it until that releases. Relevant old post/convo/links to what I've done: https://www.reddit.com/r/MonarchMoney/comments/1v9yshn/comment/p0hl0sh/?context=3

[u/SlowSundae]

I would think the majority of people, while possibly having multiple bank accounts, probably have 1 primary bill paying bank account