Overview
When the month ends, it is important to close out your Spending Plan to ensure all your expected Income, Bills, Subscriptions, and Planned Spending items are accounted for. That way, you can see how you did versus what you had planned!
Resolving Outstanding Items
At the start of a new month, Quicken Simplifi will automatically alert you of any unresolved items from the prior month, such as Recurring Bills or Subscriptions that have not been linked to transactions, expected Income that hasn't been received, or Planned Spending expenses with money left over.
For past due Recurring Reminders that are not linked to a downloaded transaction, you will need to manually link a downloaded transaction to the Recurring Reminder. For Recurring Reminders that are no longer needed, you can delete the Recurring Reminder.
For Planned Spending, if you show that you have unused funds in one of your Planned Spending events, you release the remaining unused funds back to your available spending.
How to Link or Delete 'Past' Recurring Reminders
It is important to ensure that all of your Bills, Income, and other Recurring Reminders are linked to actual transactions so your Spending Plan accurately reflects what you received and paid during the month.
Instructions for Web
Linking a Reminder to a Transaction on the Web
Hover over the panel on the left-hand side and select Spending Plan.
Navigate to the month that has outstanding items to resolve.
Select Income after bills & saving and then expand the appropriate section.
Locate the 'Past' item and click the three dots at the end of it.
To link the Reminder to a transaction, click Link to transaction, select the transaction from the list, and then click Link.
Deleting a Reminder on the Web
Hover over the panel on the left-hand side and select Spending Plan.
Navigate to the month that has outstanding items to resolve.
Select Income after bills & saving and then expand the appropriate section.
Locate the 'Past' item and click the three dots at the end of it.
To delete the Reminder, select Delete reminder and then click Delete to confirm.
Note: For more details on linking Reminders on the Quicken Simplifi Web App, please see our Support Article here.
Instructions for Mobile
Click the Menu icon (the three lines in the upper left corner).
Select Spending Plan.
Navigate to the month that has outstanding items to resolve.
Select Income after bills & saving and then select the appropriate section.
Locate the 'Past' item and click on it.
To link the Reminder to a transaction, click Link reminder to transaction, select the transaction from the list, and then click Apply; to delete the Reminder, select Delete Reminder and then click Delete to confirm.
Note: For more details on linking Reminders on the Quicken Simplifi Mobile App, please see our Support Article here.
How to Release Unused Planned Spending Funds
By releasing any available funds you did not use, you’ll have a more accurate account of how you ended the month so you know if you can move money to savings, pay more on a credit card, or buy that new hat you've been staring at all month.
Instructions for Web
Hover over the panel on the left-hand side and select Spending Plan.
Navigate to the month that has outstanding items to resolve.
Select Planned spending.
Locate the Planned Spending expense that has funds to release and click the three dots to the upper right of it.
Select Release available for spending.
Instructions for Mobile
Click the Menu icon (the three lines in the upper left corner).
Select Spending Plan.
Navigate to the month that has outstanding items to resolve.
Select Planned spending.
Locate the Planned Spending expense that has funds to release and click the three dots to the upper right of it.
Select Release available for spending.
Once all outstanding items have been resolved in the Spending Plan for a prior month, Quicken Simplifi will give you an accurate "left at end of the month" total, giving you a true reflection of how you did that month. Learn more about using the Spending Plan here!
If you need any assistance with resolving outstanding items in the Spending Plan, please don't hesitate to contact our wonderful Support Team!