Jazer Software Tour

Jazer 100







Advanced Calculators
Asset Allocation
Balance Sheet
Budget Analysis
Budget Suggestions
Debt Elimination
Display Options
Economic Value
Finance Manager
Loan Tracking
Mortgage Analysis
Note Pad
Password Protection
Performance Tracking
Portfolio Details
Portfolio Forecast
Primary Portfolio
Printing Reports
Retirement Planning
Retirement Expenses
Savings Growth
Savings Longevity
Survivorship
Tax Journal

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Jazer 100

Introduction

Jazer 100 Personal Finance software provides a simplified single-source financial analysis and management tool: a tool-set to analyze, manage, plan, track, and review personal financial information.

The flow and interaction of the various windows simplify information update and analysis, and ensure accuracy across the various sections. It is a secure, stand-alone program that does not utilize the internet to send or retrieve personal or secure information. It does not connect to or attach itself to bank or investment accounts, or pass personal data and passwords across the internet. The data file is encoded and under the control of the user. The files can also be password protected for added security.


Budget Analysis

The Budget Analysis worksheet provides a consolidated financial picture in a weekly, monthly, and yearly format for assessing income and expenses, and for determining disposable income. Dollar amounts are entered opposite the row headings in either the weekly, monthly, or yearly columns. If a weekly value is entered, the monthly and yearly values will be calculated. If a monthly value is entered, the others will be calculated, and so on. Use whichever column is easiest, and the other entries will be calculated.

The row titles can be edited as well, or deleted when not needed. To delete a row title, click on it and tap the space bar. The row will not be eliminated and can be used later. Dollar values cannot be eliminated and must be $0.00 when not used.

On the right side of the sheet, the percentages for each expense area are calculated and populate the Expense Totals section.

Below this section, there is an Income Items area for entering income as a net amount by week, month, or year. The Total Expenses, Total Net Income, and Disposable Income amounts are calculated automatically.

The Budget Analysis sheet is a planning tool that complements the Finance Manager segment by allowing an assessment of expenses and income as they pertain to planning monthly allocations. Discretionary Income is simply the difference between the Total Net Income and Total Expenses amounts.

Note: Although a month is typically considered 4 weeks, there are 52 weeks in a year and a month is actually 4.33 weeks on average. To be accurate in the calculations, a weekly value that is entered is multiplied by 52 to obtain the yearly value, and then that yearly value is divided by 12 to obtain the monthly value. This is why some calculated values may look odd at first glance.

Budget Analysis


The Budget Analysis Charts display the Budget Analysis window data for Income and Expenses in chart format. The amounts are shown in the chart legend, and the categories and percentages are displayed as call-outs next to the chart area. There is a print button in the lower right of the window for printing the chart individually.

Budget Analysis Chart


Budget Suggestions

The Budget Suggestions window lists suggested budget items, and is provided for convenience. Many expenses are often overlooked, even those that are paid frequently. A review of this list will help to ensure that all expenses are included in the Budget Analysis window. This list can be printed for review by selecting the print menu item when this window is open.


Debt Elimination

The Debt Elimination window is used to status, track, and plan debt reduction and elimination. Actual debt and payment amounts can be entered or planning amounts can be used for forecasting and what-if scenarios. Debt descriptions, interest rates, regular payment amounts, and current balances (for the current month) are entered, and a 12 month forecast is computed and shown graphically. The amounts in the calculated columns are computed using the payment less the calculated interest amount based on the interest rate.The month headings for the computed columns are added by the program beginning with the current calendar month.

The effects of changing a payment amount or interest rate can be explored, and changing these numbers to perform analysis does not affect other segments of the program. Typically, the Balance column should contain the current month's balance and be updated whenever this amount has changed.

Debt Elimination

Note: Interest calculations are made on outstanding balances, so the monthly adjustment is calculated as a portion of the annual percentage rate. Interest rates should be entered as annual values.


Balance Sheet

The Balance Sheet shows a current high-level snap-shot of financial status including liquid, non-liquid, and material assets, as well as short and long-term debt, and net worth.

In the Assets section on the left, the Liquid and Non-Liquid Monetary Asset amounts are imported automatically from the Finance Manager window. The Material Asset values are entered in the lower section. The sub-totals and Total Asset amounts are calculated automatically.

In the Debt section on the right side of the sheet, the Short-term and Long-Term debt amounts are imported automatically from Finance Manager. The total amounts for each section are then used in the lower right hand section to calculate Net Worth. Recommended Net Worth is calculated using the Age and the Gross Income value entered here.

Note: Recommended Net-worth is calculated as Age times Gross Income divided by ten.

Balance Sheet


The Balance Sheet Charts provide a graphic representation of the data in the Balance Sheet. All four quadrants are shown and include the description and amount for each item. There is a print button in the lower right of the window for printing the chart individually.

Balance Sheet


Mortgage Analysis

The Mortgage Analysis window contains two Amortization Schedules that contain monthly mortgage details including the changes to principal and interest over time. They also calculate the Total of Payments and Total Interest for the schedules.

The left schedule labeled Original Mortgage Values can be used for an actual (original) amortization schedule, and as a baseline for comparison. It calculates what will be paid over the life of a mortgage (if no additional principal is applied).

The second schedule (on the right) can be used to track increased principal payments, and show the progress and benefits of prepaying principal. The right-most column is used to enter the pre-paid principal amount. By using both schedules for the same loan, the benefits of prepaying principle can easily be reviewed. The total values in the top section are recalculated as changes are made.

On both schedules the values for Loan Amount, Interest Rate, Term in Years, and the date of the first payment (mm/dd/yyyy) are entered, and the complete amortization schedule is automatically calculated. In addition, the Total of Payments and Total Interest values are calculated and shown at the top of the schedule.

The sample data uses a $260,000 mortgage at 6.25% interest, with a 30 year term, and a first payment date of 12/16/09. The monthly payment is calculated to be $1,600.86, and the schedule shows how the Principal, Interest, and Balance columns change throughout the life of the mortgage as the principal is paid down.

Mortgage Analysis


The Modified Mortgage Values schedule (on the right) includes the column for prepaid principal. Additional principal payments are entered in the Prepaid Principal column on the row corresponding to the payment date, and the schedule recalculates the future Principal, Interest, and Balance data, as well as the Total of Payments, Total Interest, total Prepaid Principal, and Interest Savings in the header section. The Modified Mortgage Values section is a great tool for determining the current and future benefits of prepaying principal.

In the sample data, additional principal was paid in February thru August (far right column). In the header section, the total Prepaid Principal is shown along with the Interest Savings. The Total of Payments and Total Interest amounts have been recalculated as well.

Note: There are also loan/payment/mortgage calculators for planning, analysis, and comparison in the Advanced Calculators window under Utilities on the Main Menu.


Finance Manager

The Finance Manager window is the central data area where detailed information is entered. Some of these amounts are used to populate other segments of the program or are used in other areas for calculations.

Beginning with the top left (Assets), the Liquid Assets area is typically used for savings accounts, money market accounts, and items like individual savings bonds. There is a column for the current balance and a column to note the current interest rate. The column total for Total Liquid Assets is calculated and used in other areas of the program.

The Long Term Assets area (lower left) would tyically contain all holdings such as Mutual Funds, 401(k)s/IRAs, individual stock holdings, and similar values. The asset titles and balances entered here will populate other windows. The Long-Term Assets amount is accessed by other windows as well. The Last Update column is provided for convenience and the format is mm/dd/yy. To eliminate a date, select the date and press the space bar. The dollar amounts cannot be eliminated and must be $0.00 when not being used.

The Total Liquid Assets and Total Long-term Asset are combined to calculate the Total Assets amount.

Note: Material assets (property, etc.) are captured on the Balance Sheet and not here since they are needed in everyday living and would not normally be liquidated.

Finance Manager


In the Debt section on the right side of the sheet, the Short Term Debt area is used to list credit card balances, and other short term debt. The Short Term Debt total amount is used in other sections of the program. Optional columns for Date, Previous Balance, Interest Rate, Interest Paid, and Monthly Charges, are provided for convenience and analysis.

The Long Term Debt section captures various loan amounts including Auto, Personal, and mortgage. Last Update, Previous Balance, and Interest Rate columns are provided for convenience and analysis. The total Long Term Debt value is used in other sections of the program.

The Short Term and Long Term debt totals are combined into Total Debt which is used in other areas of the program as well.

The accuracy of the Finance Manager section is important to ensure that other sections using the data are current. It is recommended that this section be updated frequently.


The Finance Manager Charts display the data from the Finance Manager window in graphic format and can be printed using the print button in the lower right of the window.

Finance Manager Charts


Loan Tracking

There are four Loan Tracking windows that provide loan schedules including a column for entering overpayments of principal. The Title for the Loan (in the example Car Loan #1) can be changed to any name, and this title will also appear in the pull-down menu after the file has been saved.

Enter a Loan Amount, Interest rate as a percent, Term of the Loan in Years, and the Start Date, and the schedule is created. In the case of Loan Tracking #3 and #4, there is an additional input for Payments per Year that will accept either 12 or 26 payments per year, and can be used for loans that require payments every two weeks.

When an amount in excess of the required payment is made, or to see the effect of over-payments, enter the overpaid amount in the right hand column in the row corresponding to the Month/Year that the payment is made. The Total Cost, Total Interest, Overpayments, and Interest Savings will be recalculated along with the remaining schedule data.

Loan Tracking


Asset Allocations

The Asset Allocation window provides analysis and planning in percentages and dollar amounts. The values are derived from the Portfolio Details section. The left-most column contains the current allocations. The top center column is where the Desired Allocation (%) is entered as a percentage. This allows comparing a desired allocation with the current allocation. The Difference column to the right shows the percentage change needed to achieve the desired allocation.

The lower sections show the current allocation dollar amounts (left column), the amounts at the desired allocation using the percentages from the top-center value, and the difference to the rights.

For example, the lower left data in the screen capture shows a current balance of $156,756.00 (which is the Total Liquid Assets plus the Long Term Assets from Finance Manager), and the dollar amounts associated with each of the categories. The amounts correspond to the percentages for these categories in the upper left section. By entering $175,000 in the Desired Allocation ($) column header (lower center), the portion of the $175,000 allocated for each of the categories is calculated using the Desired Allocation percentages from the top-center section. This shows us the Difference ($) in the right hand column to achieve this allocation with a $175,000 balance.

The desired allocation amount allows us to apply a future total portfolio balance to see how the categories will need to be adjusted to arrive at or maintain our desired allocations and diversification. Rates of return and deposits impact the allocation, so looking ahead can simplify a re-allocation strategy. This can be done for any value. A withdrawal from assets can be planned the same way. The Desired Allocation amount would be reduced by the withdrawal amount, and the desired allocations using the new balance will be calculated. The Difference ($) column would indicate the individual asset reduction amounts that could be made while maintaining the desired asset allocations.

Asset Allocations

Note: Liquid Assets (Cash) are imported from Finance Manager and are used in the cash amount calculation to ensure the accuracy of the allocations.


The Asset Allocation Chart displays the current and desired asset allocations from the Asset Allocation window side-by-side for comparison. The percentages or amounts can be displayed as call-outs next to the chart area. The chart is updated when changes are made to the Asset Allocation data. The chart can be printed separately using the print button in the lower right corner of the window.

Asset Allocation Chart



Economic Value & Survivorship

The Personal Economic Value section calculates earnings potential from the present to a selected retirement year in the future using the Years Until Retirement, Annual Income, and Expected Annual Income Increases.

Economic Value


The Survivorship section calculates survivor lifetime expenses and liabilities to determine survivor needs in the event of death beginning tomorrow using the following steps:

Survivorship


Note: A Surplus or positive value indicates that there is a good possibility that survivor expenses will be covered beginning tomorrow thru life expectancy. A Shortfall or (negative amount), indicates the amount needed to obtain this probability.


Password Protection

Although the data files are encoded, they can be password protected as an added security feature. With the file open, select Password Protection from the File menu and a window for entering a case sensitive password is shown. Be sure to use an easily remembered password.

If a password protected file is saved under another name using Save As, the password protection and password are maintained for the original as well as the new file. Should you want to change a password, there is a menu item and dialog for changing a password.

Note: In extreme situations when a password is unavailable for an important file that cannot be recreated, contact Jazer Solutions.


Performance Tracking

The Performance Tracking window is used to monitor and analyze investment performance at the portfolio level and at the individual investment level. The investment names are imported from Finance Manager, and quarterly values are entered in the columns noted. The window calculates the Gross Percent Change, Change in Value, and an Adjusted Percent Change, and includes a provision for Net Additions/Withdrawals (in case deposits or withdrawals were made during the period). An Adjusted Percent Change is calculated using the Net Additions/Withdrawals amount to show actual portfolio performance taking deposits and withdrawals into account.

The lower section calculates the individual investment change in the balance and the performance of the asset based on the amounts entered in the top section.

At the end of each period (or whenever you like prior to that), the current asset balances and Net Additions/Withdrawals can be entered, and the values will be recalculated. The start date format is mm/dd/yy, and the months will be filled in at quarterly intervals. This allows the time window to be changed for analysis. The window is designed to track two years of quarterly performance.

Caution: To shift the data to the left (move the window of analysis to the future), click Shift Data in the upper right corner of the window and all of the columns will be shifted one column to the left. Note that the eliminated column of data is not preserved. The file should be archived prior to shifting the data.

Performance Tracking



Portfolio Details

The Portfolio Details window is used to break down holdings into investment segments and categories, providing the asset allocation picture and level of diversification. Many funds and portfolios are made up of a variety of holdings even when categorized as being primarily in a single asset category. Cash and cash equivalent holdings in Funds should be entered as Bonds/Cash since they affect the allocation.

The current Investment/Funds balances are automatically imported from Finance Manager, and the allocation percentages for each of the categories are entered here. The individual dollar amounts associated with the allocation are automatically calculated.

To ensure complete allocation, a total column is provided on the right. The value is highlighted when it is above or below 100%. This data should be updated when there is a change in holdings or a noticeable change to an existing holding.

Note: The Portfolio Details information is combined by the Asset Allocation window.

Portfolio Details



Portfolio Forecast

The Portfolio Forecast window shows how current (or planned) investment balances would change over time given anticipated rates of return. To accommodate forecasting, the data for this window is not imported. It can be used for current portfolio investments, or for forecasting any investment, anticipated rate of return, and starting balance. The starting year defaults to the current year, and the column years are displayed. In addition, the number of years is displayed below each column under the total.

The forecast calculates 15 years of data using an annual compound interest formula.


Primary Portfolio

The Primary Portfolio is used to analyze current investments. Standard data fields are provided as well as return and value data. For analysis purposes, the Percentage of Portfolio, Number of Shares, and Individual Return values are calculated. The Total Portfolio return is calculated and shown below the listing as a Profit/Loss dollar amount as well as a percentage.

The window provides for the Ticker Symbol, a Type if desired, and the Long Name of the investment. Enter the initial investment amount, price for each unit at the time of purchase and the date. The Number of Shares is calculated as well as the Percentage of Portfolio. When a Current Price is entered, the Return and Current Value will be calculated. The History columns (1 Yr, 3 Yr, and 5Yr) as well as the Yield and Expense Ratio columns are provided to add additional information about the asset. As time passes, enter the current price per share to evaluate the performance of the asset.

Note: The Benchmark Portfolio is a duplicate of the Primary Portfolio and is used to analyze current or potential investments, or to build a benchmark for comparison


Printing Reports

Each of the sections in Jazer 100 can be printed individually or as groups. When "Print" is selected, a printer dialog window is shown. To print a group of windows, open the windows that you want to print, select Print from the File menu, and click on the OK button. All open non-Chart windows will be printed. To determine quickly which windows are open, click Window on the Main menu and the list of open windows will be shown. Otherwise, selecting Cascade under the Window menu will display all of the open windows.

To print an individual section or window, close all other windows in the program, and select print from the File menu, and click the OK button. Only the open window segment will be printed.

To print Charts, click the print button located on the individual charts.

Note: Additional customization can be accomplished using Advanced Properties which is accessed in the print dialog window. For special page formatting, the data can be exported to a *.csv file and formatted in a spreadsheet application.


Retirement Planning

The Retirement Planning worksheet uses income, expenses, and savings to determine financial status for present or future retirement planning. The left side of the window begins with monthly expenses, which when entered are converted to annual amounts, and are then totaled to provide the Total Expenses amount.

Note: Since it is extremely important to ensure that all anticipated retirement expenses are considered, the Retirement Expenses window is provided to assist in capturing all related expenses. It is recommended that total expenses be determined in the Retirement Expenses window first, and then tranferred from that window to this section.

Next an Anticipated Rate of Inflation is applied to the expense total resulting in an Inflation Adjusted Annual Expense amount. This ensures that increases to expenses as a result of inflation are considered in planning.

Note: The impact of inflation on expenses compounds year after year. If the anticipated inflation rate is 2%, a monthly expense amount of $4,500 would increase to nearly $5,500 in 10 years.

The number of years of inflation factored into this amount is calculated using the Savings Longevity Factor (number of post-retirement years a few rows down), and the number of Years Until Retirement. The total number of years is used to apply inflation over the full period.

Retirement Planning


The next value, Annual Retirement Income, can be selected from the Monthly Income section on the right side of the worksheet. Four different scenarios can be planned and used as the Income value for analysis. As an additional reference in the analysis, a Starting Year and Starting Age value can be entered. The example data uses four feasible ages for retirement to begin, and the coinciding years. The different values for Pension payout and Social Security benefits at the various ages are entered, and the monthly and annual income totals are calculated for each column. The Annual Income from Worksheet value on the left side is selected from these amounts.

Note: Many Future Value calculators do not factor in inflation adjustments and therefore may provide different results. The inflation rate is an important consideration, however to remove it for analysis purposes, a value of 0% can be entered.

The Annual Retirement Income amount entered is used to determine the Income/Expense Difference, by subtracting the Inflation Adjusted Annual Expenses. Next, a Savings Longevity factor is applied which reflects how many years the expenses would be paid (life expectancy beyond retirement). This provides the total Savings Needed to Retire.

Retirement Planning


Next, current savings is considered. If retirement is a future event, it is expected that the Current Savings amount will grow between now and then. To ensure this is captured in the calculations, Expected Return and Years until Retirement are used along with the Anticipated Rate of Inflation entered above to determine the inflation adjusted Value of Savings at retirement.

The Value of Savings at retirement is then subtracted from the Savings Needed to Retire resulting in the Additional Savings Needed to Retire amount. These values populate the Annual Savings Analysis section on the lower right. Entering a Current Amount Saved Each Year provides the Additional Savings Needed Each Year amount.

Example: As an example and using the sample data, monthly expenses have been entered that total $79,344.00 annually. The inflation factor being used is 2.0% and the Inflation adjusted Annual Expenses is calculated to be $146,595.09. This is the amount for the last year of retirement.

The income level chosen from the monthly income worksheet on the right is $48,600.00. The difference is calculated as well as the Savings Needed to Retire based upon the number of years of income needed (which is the savings longevity factor, in this case 25 years). The current savings of $560,000 with an expected return of 4.40% over 7 years is calculated to be $662,333.37. The additional savings needed that will produce the desired amount by retirement is $1,787,543.80.

In the lower right section, this amount is used to determine an annual savings amount needed. The Additional Savings Needed to Retire is divided by the number of years until retirement (on the left side), since there are seven years in which to accumulate the difference. This gives us the Additional Savings Divided by the (7) seven years amount of $255,363.40. Entering the Current Annual Savings Amount of $12,000, shows that an additional $243,363.40 of savings per year is needed to have the desired amount at retirement.

Retirement Planning


Note: There may be some small return on the savings of $12,000 over the 7 years until retirement depending on how the savings is deposited. For a simple savings account yielding 0.5%, the total value would be insignificant, and if we anticipated a 5% return, the amount would cover only about 4 months of expenses. This small amount is not worth considering due to the long time period involved.

The Retirement Planning Chart displays the Income and Expense categories and amounts from the Retirement Planning window. The amounts are shown in the chart legend, and the Categories and percentages are displayed as call-outs next to the chart area. Changes to the Retirement Planning window are automatically updated on the chart.

Retirement Planning


There is also a Retirement Comparison Chart that displays the four different income and expense scenarios from the Retirement Planning worksheet.

Retirement Comparison



Retirement Expenses

The Retirement Expenses worksheet is designed to assist with determining a comprehensive list of monthly retirement expenses. The items and categories are grouped to simplify a review of potential expenses, and to apply expected expense amounts to the items. The groups align with the expense section in the upper left area of the Retirement Planning window. Since the Retirement Planning window is designed to accommodate inflation adjustments, the amounts entered here should be current values.

It is important to remember that these values are dynamic and need to be revisited periodically to ensure accuracy. As lifestyle and needs change, the expense landscape may change as well. Expenses at or before retirement, may change after retirement. As an example, an auto loan may be paid off prior to retirement, but grounds care may be a new expense in retirement.

This is not an exhaustive list, but includes those items typically experienced in retirement.


Savings Growth

The Savings Growth window calculates the growth of savings and assets given a starting balance, optional monthly deposit, and interest rate. The data and trends are shown graphically. The Description of the asset, Interest Rate, Deposit Amount, and current Balance are entered and the future amounts are calculated and displayed.

The starting month defaults to the current month, and the complete display is printed using the print button at the bottom left.

Savings Growth


Savings Longevity

The Savings Longevity Analysis window calculates how long retirement savings should last given a specified withdrawal amount or percentage, return on investment percentage, and an inflation factor. The left side of the sheet uses a selected withdrawal amount in dollars, and the right side utilizes a percentage withdrawal value. When expenses and income are known, we can determine a withdrawal amount that will be adequate to cover expenses. Some prefer to use a withdrawal percentage, and the right side of the sheet accommodates this analysis.

The schedules provide columns for Age, Years, Return on Investment, Withdrawal, and the Account Balance. In the upper portions, the Beginning Balance, Annual Withdrawal, Annual Return on Investment, and the Anticipated Inflation Rate can be changed to analyze different scenarios.

Savings Longevity


The Amount Withdrawn (left side) sample data uses a starting balance of $810,000.00, a starting withdrawal dollar amount of $32,400.00 (the inflation rate is applied to this amount), an expected Return on Investment rate of 4.4%, and a 2% Anticipated Inflation Rate. The Age at Start of Withdrawals (62 in the example) shows the age corresponding to the number of years in the lower section.

The right hand schedule uses a withdrawal percentage for calculations instead of a dollar amount. Some suggest withdrawing 4% per year, and the sample data uses that value. Scrolling down the bottom section to the end of the schedules shows the difference in longevity for the two scenarios.


Utilities

The Utilities menu contains Advanced Calculators, Display Options, the Tax Journal, a Calendar, and a Personal Note Pad.

The Advanced Calculators window contans various calculators that utilize standard equations and formulas in a convenient format for calculating a variety of values for planning and analysis.

The Monthly Payment Calculator computes the Principal and Interest portion of a mortgage and the Total Monthly Payment. This calculator permits changing the Price of the House, Down Payment, Interest Rate, Period of the loan, PMI (Mortgage Insurance), and Property Taxes to calculate a Loan Amount, Principal and Interest Payment, and Monthly Expense amount. In the sample data, a house price of $325,000 with a down payment of $45,000 is used. The Interest Rate is 4.625%, and the mortgage term is 30 years. The Loan Amount and the Principal and Interest Payment are calculated. There is a provision for PMI in those cases when it is required (in this case none is assumed), and the annual Property Tax amount of $7,900 is converted internally to a monthly amount. The result is a Total Monthly Payment of $2,097.92. The principal and interest portion of the payment is $1,439.59. To remove property taxes from the equation, simply enter $0.00 for the property tax amount.

The Amount Paid-In Calculator (center left) calculates the Total Interest Paid and Total Paid In values for mortgages or any loan. Using the values from the Monthly Payment Calculator example, for the $280,000 mortgage at 4.625% interest over the 30 year life of the loan, the Total Interest Paid is $238,252.62 and the Total Amount Paid-In is $518,252.62.

The Loan Payoff Term Calculator (lower left) calculates the Months and Years to Pay Off a loan using various payment amounts.

On the right side of the window, the top Compound Interest Calculator determines the growth of savings/investments, and provides for a periodic deposit. Interest is compounded monthly. In the example, $10,000 invested at 4.0% over 10 years, with a $100 monthly deposit will grow to $29,633.30 in 10 years. The Amount Deposited and Interest Received are calculated and shown for additional data.

The lower Compound Interest Calculator determines the growth of savings/investments using annual compounding. In the example, $10,000 invested at 4.0% over 10 years, will grow to $14,802.44 in 10 years. The Interest Received is calculated and displayed.

The lower right side Checkbook Balancer is an aid in reconciling account statements and ledgers by accommodating outstanding transaction input. As outstanding items are entered, the Reconciled Difference amount is recalculated to isolate specific differences between the statement and ledger.


The Display Options window contains check boxes for increasing the display font size and turning the Green and Blue fonts on and off. When selected, the check boxes affect all windows within the program, and are saved with the file. The green font highlights editable items, and the blue font indicates that clicking on the text will bring up an information window. Both of these features appear throughout the program.


The Tax Journal provides for recording Deductible Expenses and Charitable Contributions (or any tax related expense) for planning or tax purposes. Date, check number or credit card reference, amount, and description columns are provided. The amount column keeps a running total as items are entered, and rows are added automatically as needed. This Journal is not designed to be a comprehensive list for tax purposes, but can be used to approximate various scenarios.

Tax Journal

Reset Tax Journals clears the Tax Journal columns when starting a new year. Note that the data is not preserved and an archive of the data file should be created prior to resetting the Journal.


Calendar: An interactive calendar is provided for convenience. To return quickly to the current month, click the date next to Today: in the lower section.


The Note Pad provides a way of storing confidential information in the encrypted data file. Items such as will locations, important contacts and information can be retained inside the financial data file.

Tax Journal