The reason you will see two different figures is because the calculations are slightly different. The crux is that one uses net spending and the other gross spending to calculate the numbers.
Relevant to users on:
Money Dashboard Neon
Not sure which App you are on?
If you are unsure if you are on Money Dashboard Classic or Money Dashboard Neon? You can find that information here
Currently the incoming and outgoing figures on the ‘Breakdown’ feature are calculated differently from the ‘Trend’ feature. For the Breakdown view, the ‘Incoming’ / ‘Outgoing’ reflects a category’s net balance and should this be a credit figure, this is taken into account as ‘Incoming’ and vice versa for outgoing. For example, if there are two transactions in the ‘Household’ category:
- A credit of £10 for a refund
- A debit of £2 for a purchase
The net balance of the ‘Household’ category will be reflected under ‘Incoming’ with £8. Subsequently, all categories with a credit balance are calculated for the total ‘Incoming’ and vice versa for categories with a debit balance as outgoings.
In comparison to the ‘Trends’ feature, all credit transactions are calculated and displayed as a total sum under ‘Incoming’ and all debit transactions are calculated and displayed as a total sum under ‘Outgoing’.