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How to manage your Annual Expenses

Part 1 - Understanding Annual Expenses

Annual Expenses are your re-occurring expenses occurring throughout the year. Your transactions can be linked to an Annual Expense, which will automatically sync all past/future transactions & data - based on the linked Expense.

Annual Expenses are also responsible for your Due Expenses - based on the Cycle and first due date you enter and are responsible for your Projected Expense Totals for the year

Part 2 - Adding Annual Expenses from Transactions

1. Navigate to Expense Tracking

2. Tap/Click "+" on a transaction

3. Fill out the Annual Expense form

Part 3 - Manual Adding of Annual Expenses

1. Navigate to Annual Expenses

2. Tap/Click "Add New Annual Expense"

3. Fill out the Annual Expense form

Part 4 - Breakdown of Annual Expense

Category - Expense Parent Category

Type - Expense Category Type

Transaction - Expense Transaction data (added once linked to a transaction)

Friendly Name - Friendly Name for the expense displays

Cycle - Expense Cycle, how often the expense re-occurs

Cost - Actual cost of expense (NET)

Due Date - Next Due Date

Notes - Notes for your expense

YEC - Yearly Expense Cover

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Article last updated: 17/04/2021

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