Basic Settings

1 Budget

Toggle to enable or disable budget utilisation.

Remark:

When disabled the budget's data will not be erased, but the expense entry can no longer utilize the budget.

2 Carry forward

Allows the user to configure the date and time for the budget to be carried forward to the next cycle.

2.1 Premilinary - Budget

When creating new budget in Settings > Budget create, tick on the [Budget balance can be carried forward to the next cycle] to enable this function.

Remark:

This is only available for Quarter, Month, and Customised periods.

2.2 Carry-over budget settings

Allows the user to configure the date and time for the budget to be carried forward to the next cycle.

Remark:

• If the budget period is quarterly and the carry forward control is enabled, the remaining budget amount can be carry forward to the next cycle on the set date during January, April, July, and October.

• If the budget period is monthly and the carry forward control is enabled, the remaining budget amount can be carry forward to the next cycle on the configured date.

2.3 Budget Details

In Budget Statistics > Budget Details, if there is a remaining value from the previous cycle, the carried forward value will be added to the Total budget for this period as the new budget value for the current cycle.

Remark:

• Each cycle’s budget will only be carried forward once, and it will not be carried over multiple times.

• Only amounts greater than 0 will be carried forward.

• After carryover, modifying the current cycle's budget amount (whether increasing or decreasing) or adjusting the budget amount will not affect the carried-forward amount from the previous cycle.

  • For example, if in May, the original budget is 1000, and the remaining budget is 500, then for June, the budget will be 1500. If the budget amount for June is modified to 2000, June's budget will be 2500.