Budgets

thumb_IMG_0530_1024 The budgets screen can show you how your spending, income and transfers are tracking against the budgets you set. Budgets can be tracked per account, per account group or across all accounts using the All button.

The screen is split into four sections, depending on the budgets you have set: All, Spending, Income and Transfers. You can use the “all” rows to set overall budgets by tapping the blue i buttons. To add individual per-category budgets, select the + button, and to delete a per-category budget, simply set it to 0. If you haven’t set your “all” budgets, but you have set per-category budgets, the sum of your per-category budgets will be used instead (i.e. you can track just budgeted categories rather than them all).

Note that for transfers, the budgets can be set as either incoming or outgoing. You should choose which to use based on the category and the account or group you are budgeting for. When looking at all accounts, transfer budgets don’t make sense since there are no incoming or outgoing transfers.

Once budgets are set, you will see your spending or income as a horizontal coloured bar. For spending and outgoing transfers, green is what you have spent or transferred and the grey background shows the rest of your budget for that period. Yellow shows you are within budget, but if things continue you will exceed it. Red shows an overspend.

For income and incoming transfers, green shows what you have received and the grey background shows the rest of your income target for that period. Yellow shows you are within budget, but if things continue you will not meet it. Blue shows income in excess of the budget.

When viewing the current date, a small white square shows how far you are through the budget period.

To change dates, use the left and right arrows, and to return to the current date, select the date itself. When viewing the current date, selecting the date again lets you choose the budget period (daily, weekly, biweekly/fortnightly, monthly, yearly or your own custom dates). For custom dates, use the left and right arrows to set the start and end dates, then for budgets set an annual equivalent to be pro-rated across the dates you choose.

Selecting the actual row of a budget entry will show all the transactions that make up that budget, and these can be edited like any other transaction.

When viewing transactions, these can be exported in CSV format by email by selecting the CSV button.

Subcategories

If you would like more control over your budgets and reports (see below), subcategories are supported. Simply enter your per-transaction categories in the format “category:subcategory”, e.g. House:Utilities.

For budgets, you can set these at the category and subcategory level, and your transactions will be counted against any matching budgets. If you don’t set your “all” budgets but have set category or subcategory budgets, your subcategory budgets will only be included in the totals if you haven’t set matching category budgets. This is to avoid double counting transactions.