In You Need A Cash Plan, a bill, that is not paid with a credit card, can be linked to a sinking fund or savings so that the money in the linked sinking fund or savings will automatically be used for making bill payments.
When a payment is made to a linked bill, money for the payment is deducted from the:
In this example, the annual payment to DMV to renew license plates is being linked to the saving to which money to be used for license renewal is set aside every month. There is already a balance in the DMV saving ledger of $20.00.
To link the bill to the saving:
Right-click on the bill to open the dropdown menu. Click on Link to saving to display the Link To Saving dialog box.
In the Link To Saving dialog box:
In your cash plan, the DMV bill and DMV saving are now linked. The $20.00 that is already in the saving ledger shows on the From bills & credit cards row in the same column as the DMV payment is scheduled. This shows that the money in the linked saving ledger will automatically be used to help make the payment.
