REPORTS
See how planned income and commitments come together to show how much of your monthly income is already committed and what may remain.
5 min readBEFORE YOU START
Instead of treating every commitment as a separate plan, MoniTrak combines relevant information from across your workspace into one monthly view.
Planned income provides the amount available for the month
Fixed commitments represent planned recurring obligations
Credit card commitments can contribute amounts from your cards
Recurring commitments can contribute scheduled forecast activity
STEP BY STEP
Planned income provides the starting point for the month. MoniTrak can then compare that amount with the commitments associated with the same planning period.
Planned income is used as the starting point for the Salary Planner. It is separate from the recorded income shown in your transaction report.
The Salary Planner brings together different types of commitments so you can understand what is expected to use your planned income.
The planner compares planned income with total commitments and shows whether income is sufficient to cover the current plan.
Use the detailed Salary Plan view to understand the income and commitments included in the selected month.
Salary Planner is a planning view. Commitment information can come from other parts of MoniTrak, so review the relevant source when an amount needs to be changed.
Planning history helps you compare income, commitments and remaining coverage across different salary months.
ONE MONTHLY PLANNING VIEW
Salary Planner helps you understand how planned income compares with commitments already represented in the relevant parts of your MoniTrak workspace.
The Salary Planner summarizes planning information. If a source amount is incorrect, review the feature or setting that supplies that commitment.
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