After keeping track of your incomes and expenses, it is important to understand your spending behaviour. Money Lover’s reporting feature lets you review your cash inflow and outflow to plan and make adjustments to your expenditures better.
Balance indicates the remaining amount of money in the wallet. In the overview section, you can see your total inflow and outflow of this month.
Inflow = Income + Debt + Debt Collection
Outflow = Expenses + Loan + Repayment
Inflow and Outflow will include “Excluded from Report” transactions.
You can tap on Overview to see the full report of your cash flow
Income = Inflow (Cash in) - Excluded from report transactions
Expense = Outflow (Cash out) - Excluded from report transactions
Net Income = Total Income - Total Expense
When scrolling down, you will see the pie charts of your expenses and income. The chart shows the percentage of each category. For example, Shopping accounts for 45% of your Expenses while Food and Beverage accounts for 22%.
Go to ≡ (left menu) and tap Trend. You can choose to see your Expense, Income or Net Income month over month or divided by categories.
Got any questions? Let Money Lover knows by dropping comment below!