Forecast your Cash Flow
The calendar view, gives you lots of information, from recurring transactions marked as a green cycle, to reconciliation, transfers, and pending transactions. Green bars indicate a clear transaction, and red bars indicate an unclear transaction. You can navigate 20 years forward, and select what account you want to see from the drop down.
The add transaction screen has a lot of options to choose from, the first step is to select what type of transaction you are adding, following the date, amount, and cycle. You can also write a memo for each transaction, and or select a split amount, mark it as a bill or if it cleared or not.
The recurring option provides several choices, from daily, weekly, bi weekly, and monthly, to every six weeks, quarterly, and yearly. You can also receive in app notifications and select how many days in advance would like to receive a reminder that a transaction is due.
Create a Budget
When creating a budget, it is important to know that you can create more than one. Use different cycles, and include different categories. For example: if you are planning a vacation, you can create a vacation budget with all their pertinent expenses. Same if you are organizing a party or a weeding, and want to follow a yearly budget.
The budget tool allows you to select any cycle, and add multiple expenses to your custom budget. You can assign a total amount for your global budget and select the date you want to start it. You can also mark rollover savings if you want the money that wasn’t used in the period to be added to the next one.
The budget breakdown shows you how are you doing based on your cycle, red if you went over, the total amount left, how much rollover savings from the previous period, and ability to edit or add more expenses using the pencil icon.
Run Reports
The summary report gives you an entire overview of all your transactions. As you can see in the image, each category shows the total amount for the current month. The line graph below, displays a 6 month trend of your past and future months based on the spending behavior.
Each report can be viewed as a pie chart, and bar chart and filtered by week, month, or year. This one in particular, display the percentage and total amount based on your total expenses. You can also navigate to the past and future ones.
The spreadsheet report works as a balance sheet, showing the current balance on a particular day displaying the category and the amount that was assigned to it, you can go up to 20 years in the future just like the calendar view.
The reminders report, is a very useful tool that will help you keep track of all your paid, unpaid, and upcoming pending transactions. It’s an easy way to see all your uncleared upcoming transactions.
The income vs. expenses report will help you determine where most of your money is going to. Having a clear perspective of this report, will help you adjust your expenses to maximize the amount of savings per week, month, and year. You can display it as a bar graph or pie chart.
Not paid transactions are transactions that can be in the past or upcoming that are not automatically deducted, just like a mortgage check, or a manual payment that you initiate. It give you the advantage of seeing every unpaid transaction in one screen. Once they are marked paid, it will be reflected in the balance.
Create Accounts and Edit Categories
Budget Calendar comes with preloaded categories which can be edit and reorganized. In English and Spanish, depending on your setup selection.
After all your accounts have been setup, you can see a summary of all of them with totals and a yearly projection of each up to 20 years in advance.
The Account/Category menu, allows you to create any type of account and category.
5 Financial Calculators
The mortgage calculator helps you determine your monthly payments including HOA, taxes, and any other monthly fees. It also displays all the payments needed to cancel the loan.
The Tip/Tax/Discount calculator well, you get the idea, you can calculate all the necessary information based on the needs you have.
The regular calculator will help you with any calculations you need inside the app. Up to 9,999,9999,999
Configuration & Settings
Budget Calendar comes with several useful configuration and settings that will help you personalize to fit your needs. From password protection, and selecting the day when the week start, to hiding the currency in the calendar and setting the date format.
We have included all the currency in the world so anyone can use and feel comfortable with its own preference.
Date format is just imperative, as it can be deceiving to have a transaction dated 12/11/2015 or 11/12/2015.
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