Expense budgets help you plan your spending and stay on track throughout the year. Here’s how to create one using the Add Expense Budget popup.
Step 1. Select a Tank or Personal Icon
At the top of the popup, select one of the icons to choose where the expense belongs; Work, Property, Sole, Holdings, or Personal. This choice sets which categories you can pick from.
The Manage Custom button is always visible, but you can only create personal categories for expense budgets as the other Tank categories are mapped to the tax return.
Step 2. Select an expense category
Open the category dropdown and search or scroll to find the category that best fits your expense.
This ensures your budget tracks correctly against your real transactions.
Step 3. Set the start date and amount
Next, choose the start date for your budget, then enter the budget amount you want to set for that period.
Step 4. Choose whether the budget repeats
By default, all new expense budgets are set to Not repeating.
If the expense happens regularly, simply change the repeating option to:
Weekly
Fortnightly
Monthly
When a repeating frequency is selected, you can also enter an end date (this stays greyed out for non-repeating budgets).
Step 5. (Optional) Show this budget in your calendar
If this expense is something you actually pay -rather than a general spending allowance - you can turn on Display in calendar.
This is helpful for expenses like:
Rent or mortgage repayments
Mobile or internet bills
Insurance premiums
Subscription renewals
Any other recurring payment you want to keep track of
General budgets like Groceries $600/fortnight or Entertainment $800/month usually don’t need to be added to the calendar unless you prefer to see them there.
That’s it!
Once you save your budget, it will appear on your dashboard and automatically start tracking against your real transactions as you allocate them.
