Projected Balances give you a visual representation of your estimated balance over time. Projected Balances are estimated using your Recurring Reminders, so it's important to make sure that your Recurring Series' are complete to the best of your ability, to ensure accurate projections. To learn more on this, please see our Using the Recurring Transaction Feature article.
Using the Projected Cash Flow Chart
The Projected Cash Flow chart is available for each of your accounts and includes all Bill and Income Reminders for that account. You can customize the view to see different time ranges, so you'll always know what's coming up and what your Projected Balance will be. You can even collapse this section if you don't want to see it!
Below the chart, you'll see a list of your Upcoming Reminders in a carousel format. These are displayed using the same time range that's selected for the Projected Cash Flow chart. You can manage your Reminders, such as editing or deleting them, directly from the carousel by selecting the three dots to the upper right of a Reminder.
In the Projected Cash Flow chart, you can hover over any of the circles displayed to see your Reminders for that day, as well as your Projected Balance for that day. Green circles show Income Reminders, whereas blue circles show Bill Reminders. You can even click on any of the circles to scroll the Upcoming carousel to the selected day, making it super easy to manage your Reminders directly from your Accounts!
Frequently Asked Questions
Learn the answers to frequently asked questions for this topic!
Does the Projected Cash Flow include Planned Spending items?
At this time, the Projected Cash Flow only accounts for Recurring Bill, Subscription, and Income Reminders, as well as upcoming/future-dated transactions, and expected Refunds; it does not include Planned Spending Items from the Spending Plan.
Does the Projected Cash Flow include Savings Goals?
At this time, the Projected Cash Flow only accounts for Recurring Bill, Subscription, and Income Reminders, as well as upcoming/future-dated transactions, and expected Refunds; it does not include Savings Goals.
How are Recurring Credit Card Payments handled in the Projected Cash Flow?
Simplifi considers a Credit Card Payment to be neither an income nor an expense and instead treats these as 'Transfers' since you're just moving money from one account to another. When it comes to Recurring Credit Card Payments, if you use the Category of "Credit Card Payment" or the Category of just "Transfer" for the Recurring Series, you'll see the Reminders displayed in the Projected Cash Flow of the payment account only.
However, if you use a Linked Transfer for the Recurring Series by selecting the receiving account for the Category, you'll see the Reminders displayed in the Projected Cash Flow of both the payment account, as well as the receiving account. Learn more about using Transfers here!
To learn about Projected Cash Flow on the Simplifi Mobile App, please click here!