Recording a Month
Recording a month for some is a monthly ritual. It involves updating the values in the Sheet to ensure they are up to date before clicking the big red button in the Net Worth tab to record the month.
IMPORTANT: When recording a month (ie. January) you must record while inside that month.
This is why for most users I recommend recording on the 1st of every month. This is so that if you forget and are a few days late with entering data and running the Sheet you can do so without issue as you are still in that month.
If you record on the last day of the month (ie. 31st January) and forget and run it the next day, the Sheet will think you're trying to update values for Feburary as the date is the 1st Feb.
Step 1 - Update any tabs that have changed since last month to bring all your balances up to date. For example this is usually the Cash and Retirement tabs, or any investments that you have not already entered. This gets quite simple once you have run the Sheet a few times.
For most, this is just the Cash & Retirement tabs.
Step 2 - Go to the Net Worth and press the Click to record month & update Sheet button.
The record month button
That's it! The Sheet may do some number crunching from anywhere between 20 seconds to a minute. After the process has been completed successfully you should receive a summary pop up and email.
Summary Email (v2 only)
Last modified 1yr ago