by Carolyn Rothwell on August 31, 2017

TOTAL - New Release Available Now


A new release of TOTAL is available now, featuring new detailed cash flow reports, allowing advisors to demonstrate year-by-year, line-by-line changes to income and expenses over a 10-year span. Learn about all the new features included in the latest release.  

Jump to: 
10-Year Cash Flow Details | Retirement and Life Expectancy Indicators | What-If Data Expansion | Password Reset via Email| State Tax Rates Update Option


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10-Year Cash Flow Detail

New detailed cash flow reports are now available in TOTAL, allowing advisors to demonstrate year-by-year, line-by-line changes to income and expenses. The reports include a total age span of 10 years, broken into two reports each displaying a five year period.  Learn more by reading the related blog post, 10-Year Cash Flow Detail - New Reports in TOTAL.

Retirement and Life Expectancy Age Indicators

The financial planning reports also include new indicators on the Retirement Capital Estimate (C6 in Easy Money, F3 in Golden Years) and Cash Flow Illustration (B7 in Golden Years) for retirement age and life expectancy.  

"R" indicates retirement and "L" indicates life expectancy:  

RLIndicators.png


TOTAL - Online Edition

The online edition of TOTAL includes additional new features.

What-If Data Expansion 

TOTAL Online's powerful What-If has a new Itemized Deductions data input section and the ability to add or modify future changes for Earned Income. 

Itemized Deductions:

WhatIfItemizedDed.png

Age Changes in Earned Income:

AgeChangesEarnedIncomeWhatIf.png

Password Reset via Email

An option to request a password reset via email is now available. 

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Administrators can turn this option off under Administration, Password Policies.

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State Tax Update Option

A new button is available under Settings, State Tax.  The [Reset All State Tax Settings] button will reset the state tax information to the default state tax rates provided by Money Tree Software.  The state tax rates are updated annually.  Advisors needing the state tax data no longer have to manually enter state tax rates or wait for the next update.  

ResetAllStateTaxSettings.png

Exercise caution when using this option, as it eliminates any custom state tax information.  When using the option to reset all state tax rates, be sure make any adjustments as required for state or local tax purposes.  


The new 10 Year Cash Flow Details and additional improvements outlined in this post are available now in TOTAL. 

Desktop Edition:
Download and install the latest release of TOTAL.
>> 
TOTAL Desktop Edition Download

Online Edition:
The online edition is up-to-date, no action is required.
>> 
Log In to the Online Edition


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Carolyn Rothwell

Carolyn enjoys spending her time building Money Tree Software's brand and products. Her experience creating and delivering financial plans for a full-service financial planning firm and supporting advisors working to provide the best planning to their clients as a Money Tree support member has provided an excellent understanding of the importance of financial planning.