Allow budgeting on parent categories to aggregate sub-categories
The usefulness of the application would be enhanced if it were possible to dig further into categories, by providing sub-categorization for transactions within an overall category.
The main category would be able to be added to the calendar as a forecast event, but the sub-categories would be able to be used for further spending analysis.
Good news! This is now possible with the new budgeting improvements that we have just released. On the Budget page, you can click the roll-up arrow on a parent category for the sub-categories budgets to be included within the parent category.
You can find out more about the new budgeting improvements in our product updates: New Budget and Trends features are now live!
Ben K commented
This feature is great, but still no love for Income and Expense statement? Would make sense to have categories roll up there too, and you've stated elsewhere (http://help.pocketsmith.com/forums/107741-pocketsmith-web/suggestions/6650825-roll-up-drill-down-of-categories-on-the-income) that the plan is to move towards this across all reports.
Any update on where this is at?
This is great, but for the benefit of other users, note that it doesn't handle annual budgets very elegantly - it just tosses them in that current month rather than averaging them across the year.
I hear this will improve when bill management is built.
Alexander Rikmanis commented
I can't agree more - it is really necessary to be able to make your budget consider all nested sub-categories as well.
Another linked request would be to allow comparison of categories by period. So to be able to compare 4 quarters or last 4 years. Need user defined period in terms of duration and number of periods to compare. Same feature was in Xero and allowed easy report comparing years
Marais Rossouw commented
+1 How we going with this guys?
Phil Murphy +1300 commented
I'm surprised that the most frequently requested feature is still in development, especially as the parent /child category functionality is there. Is there a feasible workaround or alternative?
Has this stalled? I've been trying to work this one out so was glad to see it here. If it's a feature you're unable to create, what's the alternative? Had one category and then replace sub-cat with labels?
+1 - this is a pretty basic requirement, I only went though the help pages as I assumed I must have missed an obvious setting...
Darren Stephens commented
+1 on waiting for this. Budget progress by Parent as well as Pie Charts by Parent.
When having multiple categories roll up into a single parent category, there should be an option to only display the parent (which should be the aggregate of the sub categories) and not the sub-categories. This would avoid dashboard clutter, if needed.
Any update on this? This seems to be a really simple but incredibly useful feature so why is it taking so long to implement?
Mark Hazeldine commented
Could we have a status update on the one please? I have been waiting for this for about 2 years and I can't see the parent category budget graphs on the roadmap anywhere. Updating the UI is a nice to have, but I think this is a more useful feature than UI tweaks at this point. How long are we going to have to wait for this?
The" drag-and-drop" , to create a subcategory is very tedious. After several attempts, I usually give up. Please make drag-and-drop simple, especially for older people. Using the edit function does not produce the sub category
Matt Playne commented
This will be an incredibly useful feature when this gets released. This would make the categories and sub-categories 100% useful!
Bridie Harding commented
I am planning a wedding and have set up subcategories for each expense (photographer, venue, catering etc). I have an overall wedding budget that I want to keep track of, and have all subcategorised expenses included in the overall budget.
This would be great. I'm always adding up restaurant, cafe and fast food expenses into an "eating out" category but something automatic would be golden.
It would also be useful if the parent categories appeared on the Earning and spending part of the Dashboard, rather than all the sub categories
Mmm... my husband is renovating and while I'd like to set an overall budget for expenses, I just dont want to budget at sub-category level. This is a MUST HAVE as is DISPLAYING categories and sub-categories in the order we create them - in cashflow and reports. Thanks!
I will also add my voice stating the obvious and hope you guys add this soon! Great product will become even greater!
I'd like to add my support for this feature. It would be an amazing addition to an otherwise fantastic product.
Is there any information available regarding progress towards completion of this feature?