Income

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An income transaction records money coming into one of your accounts, like your salary, a freelance payment or a refund from a friend.

Add an income

1. Tap Add in the bottom bar and choose New income.
2. Enter the amount.
3. To: the account that receives the money, such as your checking or savings account.
4. Fill in any optional fields you want, such as the Payee (who paid you) and Tags.
5. Tap the checkmark to save.

Where the money goes in your budget

What happens next depends on your budgeting method.

Zero-based budget: new income adds to Ready to allocate. Until you give that money a job by allocating it to categories, the Budget health check on the Budget screen reminds you that there's money left to allocate. To be taken to the allocation suggestions after every income, turn on Auto-suggest allocation for new income in More › Settings › Budget Behavior. See Zero-based budgeting.

Classic budget or Simple tracker: the income form has an optional Category field, so you can record which income category the money belongs to. Once you pick a category, an Auto allocate switch appears:

• On: the income is allocated to that category automatically, as if you had done it yourself.
• Off: the income stays unallocated, so you can track how much of your planned income has arrived and how much is still expected.

See Classic budgeting.

tip

Income only becomes money to allocate (or is auto-allocated to its category) once it's Cleared. If you received money that hasn't reached your bank yet, leave Cleared off; see Uncleared balance.