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Can I create income and expense budgets in TaxTank?

Learn how to create income and expense budgets in Money Tank, and see how they feed into your Budget vs Actuals graph to track your cash flow in real time as transactions come in.

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Absolutely. In Money Tank you can create both income and expense budgets to track your expected cash flow across the year. These budgets feed directly into your Budget vs Actuals graph, giving you a live, visual view of how you’re tracking as real transactions come in.

Creating a budget is simple, from the Money Tank dashboard, tap the + button on either the Income Budget tile or the Expense Budget tile, depending on what you want to set up.

Enter your budget details, save, and your new budget appears instantly. From there, Money Tank will automatically compare your actual transactions (as you allocate them) against your budgeted amounts, so you always know whether you’re ahead, behind, or right on track.

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