REPORTS
See whether your planned income is enough to cover your monthly commitments and understand what remaining or shortfall amounts mean.
4 min readBEFORE YOU START
The Salary Planner uses planned income and total commitments to show whether the commitments included in your monthly plan are fully covered.
100% coverage means all planned commitments are covered
Remaining shows income left after covered commitments
Coverage below 100% means income does not cover all commitments
Shortfall shows the amount by which commitments exceed planned income
STEP BY STEP
Coverage begins with the planned income available for the month and the total commitments included in the Salary Planner.
The comparison tells you whether the planned income is sufficient to cover the commitments included in the plan.
When planned income is equal to or greater than total commitments, the plan is fully covered and coverage is shown as 100%.
All commitments included in the monthly plan can be covered by the planned income.
Coverage is capped at 100%. Income above the amount required to cover commitments is shown separately as Remaining rather than increasing the coverage percentage above 100%.
Remaining shows how much planned income is left after the commitments included in the monthly plan are covered.
AED 5,000 of the planned income remains after the commitments included in this plan are covered.
When commitments are higher than planned income, coverage falls below 100% and the difference is shown as a shortfall.
Planned income is AED 1,000 lower than the commitments included in this monthly plan.
Coverage gives you the overall position. The detailed Salary Plan helps you understand which commitments contribute to the result.
Review the detailed plan to understand which commitments are contributing to the shortfall and where their amounts originate.
TWO POSSIBLE OUTCOMES
Coverage answers whether planned income can meet the commitments included in the month. Remaining or shortfall then explains the amount left on either side of that comparison.
Coverage is a planning indicator. It does not move money, pay commitments or change account and credit-card balances.
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