Frequently Asked Questions

Q. Can I use it with my clients (I am a Financial Planner)?

Yes, there are no restrictions on usage of the application.

Q. How much does it cost?

mooleer is free to use and will stay free forever. We plan to introduce advanced features Real Soon Now that will require payment.

Q. Can I use it with my clients (I am a Financial Planner)?

Yes, there are no restrictions on usage of the application.

How Do I?

Q. I have a credit card that I pay off monthly in full from my savings account. How do I represent this?

Create an Transfer in the Credit Card account and set the following values:

• from account: savings account
• to account: credit card
• description: pay off credit card
• this transaction is: recurring
• from: set to the date that the first transaction runs (perhaps 1st of the month?)
• to: leave this blank (it will run forever)
• frequency: monthly
• the amount is a: % of account
• percent: -100 (that is minus 100% of the current account)
• of which account: credit card
• amount certainty: 100%

Q. I have a home loan with an offset account. How do I represent this?

This has two answers: Do you want to be able to be able to track how much cash you have available? or do you want to see how long it will take you to pay off your home loan? At the moment the best way to represent this (for cashflow purposes) is to consider them as one account (add the balance of the homeloan and offset accounts). Create an Account with the following values:

• nickname: home loan with offset
• interest rate: your home loan interest rate
• current balance: add the (negative) balance of the home loan with the (positive) balance of the offset account