Quick Bootstrap - Loading Data

One of the first things you will want to do when starting out is to create your accounts to store your transactions.

When first loaded the account tree will be empty except for four basic categoryies Bank, Liability, Expense, and Income. Also at the top will be a place holder for future budgets that you will create.

To set up accounts quickly, you can select from a default set of accounts integrated into the application. To bring up this list, you can right click on one of the categories in the tree and select option Add Accounts From List.

Once you have your accounts set up you can import your transactions into Infinity PFM by selecting File | Import followed by either QIF, QFX, or OFX formats. This will bring up a file loader where you can select the file provided by your bank. The banks data will be loaded into a form where you can assign accounts to store transactions.

Keeping your data safe

Backing up Infinity PFM Data

Your data is stored in the data sub-folder where Infinity PFM is installed. You can simply copy this folder to another folder to back it up. It is a good idea to do this regularly.

Recurring Transactions

Setting up recurring transactions.

To set up recurring transactions, first open then recurring transactions view from the tool bar and enter information about your transaction at the top of the page.

Enter values for memo, the frequency of the transaction, the account you want to apply the amount to, the offset account you wish to use, and finally the amount.

Once this information entered and you are ready click the add button. Once clicked the recurring transaction will be added to the recurring transactions table just below the input header. At this point Infinity PFM will begin to track the recurring transaction by keeping an eye on the next run date column. Once a recurring transaction is due, Infinity PFM will automatically generate a pending transaction in pending transactions table at the bottom of the page.

At this point you can either commit the transaction or delete it. Note that transactions are not automatically committed.

Differences Between Web and Desktop Versions

Two interfaces are available for Infinity PFM. The first is a client that runs on the desktop and the second is a web application that runs in your browser. The two clients are similar but not exactly the same. Generally the web version has a subset of the features the desktop version has. Below are the features lacking in the web client:

  • Transaction Import is disabled.
  • Can not add transactions.
  • Can not add new recurring transactions. (You can still post or delete them.)
Over time the goal is to have full functionality for the web client but for now the web client is primarily useful for running reports and looking at our data.