Error in the planned spending calculation?

amynkerr

I am looking at some of my past months and it looks like the planned spending amount on the left side of the Spending Plan page does not match the amounts in the individual expense categories. I have tried to calculate the multiple ways, taking into account just the amount spent, the amount spent plus the amount allocated, the amount spent plus the amount allocated plus/minus rollover funds, etc.. I simply do not see how Simplifi reached this number. Could someone tell me the "formula" that simplifi uses to calculate the Planned Spending amount when rollovers are involved?

Coach Jon

Hello @amynkerr,

Thanks for reaching out! The Rollover feature lets you rollover the underspent or overspent amount of your Planned Spending items to the following month. A Planned Spending series with Rollover enabled will use the targeted amount when calculating your Spending Plan totals so that the Available amount of your Spending Plan isn’t impacted. More on how the Rollover feature works in Planned Spending can be found in this helpful support article: https://support.simplifi.quicken.com/en/articles/9029030-using-rollover-in-planned-spending

I hope this helps!

-Coach Jon