Budgeting management

1. Overview of Budget Management

Total Budget

The total budget is determined based on the Chart of Accounts (COA) by summing transaction amounts from accounts within the following sub-categories. This applies to both system default accounts and user-created accounts:

• Cash & Bank – Includes checking, savings, and cash accounts
• Credit Card – Tracks spending and payments across all linked cards
• Loan and Line of Credit – Monitors outstanding balances and repayments

Ready to Assign

The “Ready to Assign” amount is determined by summing transaction amounts from accounts in the Cash and Bank sub-category only. This applies to both system default accounts and user-created accounts, ensuring accurate budgeting and fund allocation.

Assigned Budget

Represents the portion already assigned to different categories.

To distribute your budget across various spending categories:

1. Scroll down on the Budget Management screen.
2. You will see different expense categories like Necessities, Education, Financial Freedom, Giving, Long-term Saving, Playing, and Other Equity.
3. The Assigned Amount for each category is displayed next to it. You can also click the amount to enter or update it.

You can quickly assign money to specific budget categories using the Quick Assign feature in the next Step below.

2. How to Assign Budget to Categories

To assign budget quickly to multiple categories:

• Tap on the “+ Quick Assign” button (top-right corner).
• A Quick Assigning Budget panel will appear.
• Enter the amount you want to assign in the Quick Assign Amount field.
• The system will distribute the amount based on preset percentage (%) allocations.
• Tap “Apply Assignments” to confirm the budget distribution.

3. Setting Up Budget Allocation Percentages

To customize how funds are automatically assigned when a deposit is made:

• Tap on the “Settings icon ⚙️” (near “Quick Assigning Budget”).
• The Quick Assigning Setting screen will appear.

• Adjust the percentage (%) for each category using the “+” or “–” buttons.
• Tap “Save” to apply the new allocation settings.

Note: The fastest way to access: you can click the (⋮) next to the “+ Quick Assign” button (top-right corner).