Set up a repeat schedule, such as your salary, monthly membership, or insurance, and don't worry about forgetting the payment records.
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.
Settings > Configuration > Repeat Management
If you select the "Timing of reflection", you can choose when to appear the schedule either "on the date" or "on the first day of the month"
On recording transactions, you can find the repeat icon on the “Date” field to enable the feature for regular repeated payments.
You can choose the frequency of your payment.
2. Setting up installment
If you have an installment plan, you can insert the plan on Money Manager.
On the entry page, click the repeat icon(Rep/Inst.) button on the date field just like the repeat payment.
In the case of installment, you can see how many times out of the entire number of instalments.
However, please take note that Money Manager currently employs the accrual accounting method. This means that, when you start your installment plan of 3 months on $300 purchases on the 12th of Feb, Money Manager will indicate $100 each on the 12th of Feb, 12th of Mar, and 12th of Apr.
If your settlement date is on the 1st of each calendar month, and the payment date is on the 17th of each calendar 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 commenced on the 12th of Feb will be included on the billing cycle between 1st of Feb and 28/29th of Feb, so your February’s share of installment plan will be billed on 17th of Mar.