How do I record multiple sources of income?

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  • Updated 2 years ago
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Apologies, newbie here.

I tried to add our incomes as per Step 3 and then import transactions (including income) as per Step 5, but this seems to create duplicates, and after all that the income transactions are still unallocated.

Do I create envelopes with negative dollar amounts for each source of income? If so, how do I do this for an adhoc income, just work out an average amount and frequency?
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Sass

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Posted 2 years ago

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Karisa Russell, Official Rep

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Hi Sass, 

Welcome to Goodbudget! To start, I'd recommend deleting the duplicates that were created when you imported your incomes again. You can delete the income by clicking directly on the transaction, and then on Delete. 

Are you Envelopes negative? That's usually the case after you import lots of transactions. To fix that, try Filling your Envelopes from Unallocated to disperse the income you've pooled there to your Envelopes. 

You can learn about filling here: http://help.goodbudget.com/customer/en/portal/articles/1043754-step-4-fill-your-envelopes

You won't track your income with negative Envelopes. Instead, you can pool you income (from any source) in Unallocated as you receive it. Then, when you're ready to use that income, you can create a Fill from Unallocated via the instructions above.

Hope that helps!