I’m new to Tiller and getting started with the Foundation template. I’ve been zero sum budgeting for years so many of my categories (e.g. property tax payment, vacation fund) already have a starting balance. What’s the best way to input these starting balances? I put them in as budgeted amounts for the previous month, but is that the best place for it?
It turns out putting the previous budgeted amounts (e.g. previously saved $400 in my Vacation category in 2018, budgeting an additional $100/month) isn’t rolling over month to month on the yearly view, so I can’t see what i have to available to spend in a given year, in terms of actual money, not just the projected annual budget. For September, I just see I have $100 in the vacation category that was budgeted in Sept. I don’t see that i have $400 left from earlier in the year, plus $100, available to spend anywhere. The yearly view shows $800 available, which assumes I keep budgeting exactly the same amount to that category for the rest of the year.
I thought Tiller was zero sum budgeting with monthly category rollovers, which is what has worked for me for a long time, so I’m not looking to switch to a new system. After looking at it more this weekend, I realized getting the “planned cashflow” to zero gives me my zero sum budget but the lack of category rollovers is a dealbreaker for me and the Foundation template. I’ll have a go at the older Tiller budget sheet, as I think that (hopefully) has category rollovers!
@Budget2FIRE, you’re right. The Foundation Template does not support rollovers. The Tiller Budget supported here in the Tiller Money Community does have the rollover capability. You can learn more here:
I have this same question using the Tiller Budget with Rollovers. I can’t see how to update my initial balances, especially since I already categorized transactions and they appear as actual expenses in the budget. I don’t want to double count them by having my starting balances subsume those as well, and I can’t figure out how to calculate exactly what I started with in each account after the fact. The balances sheet doesn’t give a specific date, so I’m assuming it’s current. Do I have to match every transaction to an account and subtract it all out of my current budget then add that initial debt somehow? TIA