I'm just wondering about this archiving thing. I have been
using Money since 2000 and I never used the archiving
feature before. I always used one money file for all of
our finances, but from the beginning of this year I
started to maintain 3 separate Money files; one for
household, one for business, and one for investments.
I was thinking of perhaps archiving the old records that
were still mixed together under one file. Although I did
make a backup copy as I always do. Anyhow, I just started
to look at what archiving meant and how to do it.
I remember that once, while browsing through the postings
here someone mentioned that archiving is not such a good
thing after all. However I don't remember the details as I
was only scanning through the postings and that time
archiving was not relevant to me.
So I'm just wondering about the pros and cons of
archiving, and how does it actually work. Basically what
it means is almost like having a fresh new file but it
would have all my beginning balances correct and all my
established categories? But I would not be able to, say,
look at a chart of all grocery spendings for the past 3
years because those transacitons are removed?
Anyhow, so that is the question; the positive and negative
sides of archiving. Please let me know the thoughts and
experiences of you experts out there. Thanks!