"Balance Rollover/carry forward option in Budget" or showing average spending of "last period bar graph"
▪︎Carry forward the balance of last month's budget to the next month's budget. e.g. spend 90 out of 100 budget in august. so the remaining 10 should add to next month's budget so sept. budget will be 110. Same as if we overspent, if spent 105 from budget 100 then next month budget should be of 95.
▪︎There is a "last period bar graph" in the recurring budget where we see the graph of last 5 period (week/month/year), showing that in which month we are in budget limit or over budget. It will be useful to have an "average spending amount of those 5 graph" which helps us to know the average spending over a period.
The average spending amount can also be used with "Trend bar graph under Spending Statistics" which can be used to deciding the budget amount while creating a budget of specific categories.
•Also display the amount of both "Trend bar graph or last period bar graph when we click on it" like in the "bar graph of Nature of spending" under same Spending Statistics.
Hello, you could try this:
Here is how to manually carry over unspent or overspent budget amounts to the next period in wallet:
- To carry over unspent budget amounts from the previous period to the next period, you can increase the budget amount for the corresponding budget category for the next period by the unspent amount. For example, if you had a budget of $200 for groceries last month and you only spent $150, you have $50 unspent funds. For the next month's budget, you can increase the budget for groceries to $250 to include the unspent $50 from the previous period.
- To carry over overspent budget amounts from the previous period to the next period, you can decrease the budget amount for the corresponding budget category for the next period by the overspent amount. For example, if you had a budget of $200 for dining out last month and you spent $250, you have overspent by $50. For the next month's budget, you can decrease the budget for dining out to $150 to reflect the overspent $50 from the previous period.
- To adjust your budget for the next period, go to the "Budgets" section in the app and select the budget category you want to adjust. Tap on the budget amount and enter the new amount that reflects the carry-over amounts from the previous period.
- When adjusting your amount you can change the amount by this period only if you’d like to change it again next period.
By manually adjusting your budget in this way, you can keep track of your unspent or overspent amounts from the previous period and adjust your budget accordingly for the next period. This can help you stay on top of your spending and avoid overspending in the future.