Main Menu->My Budget
Screenshot of My Budget
Check (1) to initiate monthly budget control.
Choose the budget start month (2), and the budget amount will begin from this month. The start month is relevant to the calculation of the initial balance at the beginning of months.
Selecting the “Reset Every Month” option (3) means that regardless of whether the actual income and expenses of the previous month exceeded the budget amount, the budget for the current month will be reset to the set budget amount.
Selecting “Prev. Month Left Over” (4) for the Monthly Budget Starting Balance means that the budget for the current month is calculated as the previous month’s budget amount minus the actual income and expenses of the previous month plus the budget amount set for the current month. If the current month is the budget start month, the budget amount for this month is not included in the last month’s balance calculation.
Display Calculation Month (5): The budget month for the chart below can be adjusted by using the left and right arrows to move through the calculation months.
Budget and Actual Income/Expense Comparison Table (6)
Monthly Budget Amount (7): If “Reset Every Month” is selected for Monthly Budget Starting Balance, then the budget amount for the current month is the set budget amount.
If “Prev. Month Left Over” is selected for Monthly Budget Starting Balance, then the budget amount for the current month equals the previous month’s budget amount minus the actual income and expenses of the previous month plus the budget amount set for the current month.
Budget Amount as of Today (8): This is calculated as the monthly budget amount multiplied by today’s date in the current month divided by the total number of days in the current month.
Percentage of Days as of Today relative to the Total Days in the Month (9)
Income and Expense Amount as of Today (10)
Percentage of Income and Expense Amount as of Today relative to the Budget (11). If it’s an income item and exceeds the percentage of days completed, the bar is green. If it’s below the percentage of days completed, the bar is red.
Clicking on the budget bar (13) allows you to edit the budget amount and frequency for this income or expense item. Please refer to “Add/Edit Budget” for details. Long-pressing enables you to delete all budget settings.
Clicking on “+” (12) allows you to add a new income or expense budget item. Please refer to “Add/Edit Budget” for details.
Clicking on the magic pen icon (14) automatically calculates multiple budget amounts.
Add/Edit Budget
Choosing a budget category (1), each income or expense category cannot be duplicated across multiple budget items.
Frequency of Budget Items:
Check “Once a Month” (2) and set the monthly amount.
Check “Every Few Months” (3), set the amount for each occurrence, specify the interval in months, and indicate the first month of its occurrence.
Check “Yearly” (4), set the amount for each occurrence, and indicate the month of the first occurrence.
Automatic Budget Setting
The budget amount is calculated by summing up the total amounts for each income and expense category over the set budget period. This total amount is then divided by the number of months within the budget period to determine the monthly budget amount. If not every income or expense item occurs every month, the calculated amount will be an average monthly amount.
Automatic budget settings are all calculated based on a monthly amount.
Click on (1) to select the period for calculating income and expense amounts. Click on the date range button to display the calculating period.
Minimum Budget Amount (2): If the calculated monthly budget amount for a particular income or expense category is below the minimum budget amount, that category will not be included in the budget.
Click “Calculate Budget”(3)，Calculating monthly budget amount
Check (4), and press “Add to Budget” to include this item in the budget.
Entering (5) allows you to modify the monthly budget amount. Afterward, press “Add to Budget” to include this item in the budget.
