1. Setting up a repeat schedule
If you have regular income/expenses on specific dates per calendar months, you can let Money Manager automatically record by setting this feature.
The repeat payment is reflected only on that date. It does not appear in advance.
This means that if you make a repeat 25th every month.
It will be shown on the 25th of Mar, but it isn’t shown on the 5th of Mar. When it becomes the 25th of Mar, the repeat is shown.
Or you can change the setting of the reflection date to "On the first day of every month" so that you can check the record earlier.
Settings > Repeat Setting
You can choose when to appear the schedule either "on the date" or "on the first day of the month"
Tap “+” button then fill in the transaction detail.
For example, you want to set up the "monthly" repeat schedule for Self-development by RBO Credit Card, the entry will be like the below.
You can do this by-passing this process as well. Upon your initial registration of this transaction at “Trans.” tab, tap the recycle icon to do the same.
2. Setting up an installment
On the entry page, you will see the recycle icon on the Date field.
If you choose installment, the page will move to where you can insert the number of months.
In the case of installments, you can see how many times out of the entire number of installments.
If you tab the transaction detail, you can check the remaining amount and total balance of the installment plan.
Please take note that Money Manager currently employs the accrual accounting method.
So, when you start your installment plan of 3 months on $300 purchases on the 12th of Feb, Money Manager indicates $100 each on every 12th of Feb, Mar, and Apr.
If your settlement date is on the 1st of each calendar month, and the payment date is on the 17th of every month, your credit card bill incurred on the 1st of Jan to 31st of Jan will be deducted from your billing account on 17th of Feb.
Therefore, the installment plan would be commenced on the 12th of Feb. It will be included on the billing cycle between 1st of Feb and 28/29th of Feb.
So, the share of the installment plan in Feb would be billed on 17th of Mar.