Q1 How to carry forward previous month balance?
If you wish to carry forward your previous month's balance to current month, you can enable the "Carry forward balance" setting from the app's settings page.
Q2 What are transfer transactions?
Transfer transactions are neither counted as expense nor as income but helps you to track transfers between your different payment modes.
For example, you paid your credit card bill, you can log it as a transfer transaction or you took out cash from ATM, you can log it as a transfer transaction.
Q3 How to log investment transactions, as it is neither an expense nor income?
We understand that investments are not actually expenses. But as the money that is invested is also coming from your income only, we suggest you to include investments in your budget. The app provides you with a Investments category, so while planning and creating your monthly budget you should allocate as much money as you wish to investments.
For example, if your income is ₹50,000, and you want to keep aside ₹8,000 as savings, then your total budget should be ₹42,000. And if you wish to invest ₹6,000, then you should allocate a budget of ₹6,000 to the Investments category, and the remaining balance among all other categories.
Q4 How to add recurring transactions?
Recurring reminders are a great way to ease up your work.
Go to the reminders page, and tap on '+' icon. Set the amount, category, and payment for the intended transaction. Now, set the time you want to be reminded and set the frequency of the reminder, you can choose from "does not repeat, every day, every week, every month, every year" or you can set a custom frequency.
After the reminder has been set you will receive a notification reminder about the transaction at the set time and day. You can tap on the notification to add the transaction.
Q5 How to generate a PDF report of my transactions?
Go to the Settings page inside the app, click on Export data, select PDF and then select a month or year to generate its report.
Q6 How to backup my data?
As you would already know that all the financial data which you store in the app is only stored on your device. It is very important to backup your data regularly, so that you can easily restore it if you change your device or you re-install the app on the same device.
The app offers three types of data backup options:
Creates a backup of your data on your device's local storage. Go to the Settings page inside the app, click on Backup and then select Local Storage to create a new backup of your data.
Google Drive backup
Creates a backup of your data on your Google Drive. Go to the Settings page inside the app, click on Backup and then select Google Drive to create a new backup of your data.
iCloud backup (iOS only)
Creates a backup of your data on your iCloud Storage. Go to the Settings page inside the app, click on Backup and then select iCloud to create a new backup of your data.
Automatic Cloud backup
Automatically creates a backup of your data on your Google Drive (on Android) or iCloud Storage (on iOS) daily. Go to the Settings page inside the app, scroll to Backup, restore & export section, and then enable Automatic Cloud backups.
Q7 How to export my data?
You can either export your data as a PDF or a CSV file. You can check Q5 to learn more about how to generate a PDF report of your transactions.
You can export your data as a CSV file, which can then be opened in Excel.
Go to the Settings page inside the app, click on Export data and then either select a month or year to export its data or click on Export All Data to export all data.
Q8 How to restore my data on a new device?
To restore your data, first make sure that you're logged in with the same Google account or Apple ID in your device, with which your were logged in with when you took the backup. Then go to the app's Settings page, click on restore, select Google Drive or iCloud, and then choose the backup file you want to restore your data from.
Q9 How to transfer data between Android & iOS when switching devices?
If you're switching between Android and iOS devices and want to transfer your data, we recommend using Google Drive backups. Here are the steps:
- On your original device, go to the app's Settings page, click on Backup, and then select Google Drive to create a new backup of your data.
- Set up your new device and install the app.
- On the new device, sign in to the app using the same Google account used for the backup on the original device.
- Go to the app's Settings page, click on Restore, select Google Drive, and choose the backup file you want to restore your data from.
This way, all your transactions, including images, will be transferred to your new device.
Q10 How to edit or create new categories?
The app provides you with 18 predefined categories (14 expense categories & 4 income categories). You can edit these categories or create new categories by going to the Categories page in the app.
Q11 How to manage multiple accounts inside the app?
You can use Tags to simulate multiple accounts functionality. Suppose, you own a business, and you want to use the app to manage your business transactions as well as your personal transactions, then you can use 2 different tags, say, "business" and "personal" to track these transactions separately, while also getting a combined report and analysis for all the transactions.
You can view transactions with a specific tag by applying filters on the Custom View page. To get monthly or yearly analysis of a specific tag, go to the month analysis or year analysis page and tap on that tag.
Q12 How to create sub-categories?
We provide sub-category functionality through Tags.
If you want to track your expenses for a specific item or a specific type of item, but you don't want to create a separate category for them.
Suppose, you want to track your expenses on milk, but you don't want to create a separate category for milk, because you also want to track your total spending on all food items.
Then, tags are the way to go. You can add a milk tag in each of your transactions for milk while also categorizing it into the food category.