Skip to main content
All CollectionsUsing SimplifiSpending Plan
Using Rollover in Planned Spending
Using Rollover in Planned Spending

Learn how to use our Rollover feature in Planned Spending!

Natalie avatar
Written by Natalie
Updated today

Overview

Our Rollover feature lets you rollover the underspent or overspent amount of your Planned Spending items to the following month, making tracking your fluctuating monthly expenses, like buying groceries, even easier!

For more details on using Planned Spending or the Spending Plan in general, click here!

Things to note before enabling Rollover:

  • Rollover can only be enabled for a Planned Spending series.

  • The Rollover feature can only be seen and changed in current and future months.

  • 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.

    • The Rollover amount will be reflected in the following month for that individual Planned Spending series.

  • When Rollover is enabled for a Planned Spending series, you’ll no longer have the option to release your available funds.

    • The available funds will instead be moved to the next month.

  • For Planned Spending series that are not set up for rollover, the calculations will stay the same.

    • Overspending will be counted toward the Spending Plan totals.

    • Underspending will use the target amount unless the leftover funds are released


Enabling Rollover for an existing Planned Spending series

  1. Locate the existing Planned Spending expense and click the three dots to the upper right of it.

  2. Select Edit expense series.

  3. Use the Roll over balance each month toggle to enable rollover for this expense.

    • If you'd like to start the expense with a previous rollover amount, enter the amount in the Opening rollover field.

  4. Click Update when done.

Enable Rollover while creating a new Planned Spending series

  1. Click the Add Expense button in the upper right.

  2. Select Monthly expense.

  3. Fill out the information, such as the Category, Amount, and an optional Name.

    • If an optional Name is not entered, the Name of the expense will be the Category that's used.

  4. Use the Roll over balance each month toggle to enable rollover for this expense.

    • If you'd like to start the expense with a previous rollover amount, enter the amount in the Opening rollover field.

  5. Click Create when done.

Changing a Rollover amount for a Planned Spending series

You’ll be able to change the Rollover amount, whether it is a positive or negative amount, of a Planned Spending series in your current month’s Spending Plan. This will clear the Rollover amount for that month.

  1. Locate the Planned Spending expense and click the three dots to the upper right of it.

  2. Select Change rollover amount.

  3. Enter the new Rollover Amount.

  4. Click Update when done.

Disabling Rollover for a Planned Spending series

  1. Locate the Planned Spending expense with rollover enabled and click the three dots to the upper right of it.

  2. Select Edit expense series.

  3. Use the Roll over balance each month toggle to disable rollover for this expense.

  4. Click Update when done.

If you have any questions about using Planned Spending Rollover, our Support Team is happy to assist!

To learn about using Planned Spending Rollover on the Quicken Simplifi Mobile App, please click here!

Was this article helpful? Let us know by clicking on one of the face emojis!

Did this answer your question?