Savings / Regular Assets Discrepancy
I have discovered what appears to be a discrepancy in how ESP handles Savings and thus Regular Assets in the current year.
In my ongoing attempt to model negative current assets and plan for 2009, I have settled on making whatever adjustments are necessary to force a 2008 starting point for Regular Assets equal to my actual number. I figure ESP can take it from there. I have done this by two ways that I think should be equivalent, but get significantly different answers for Regular Assets.
I started by adding a Special Expense for 2008 in an amount that forces the beginning Regular Asset number where I want it. I am happy with the result.
But there is another way to do that, which would be to use the Current Savings tab and make the adjusting entry under "Less new borrowing aside from new mortgages."
To compare these two approaches, I took $10,000 out of Special Expense and put it into "Less new borrowing ..." The results differed by about $10,000 in the 2008 Savings space, which translated to a similar difference in the Regular Assets column from 2008 forward. In other words the recommendations from the two approaches to the same modelling problem don't agree.
A bug, or am I missing something?