Overview
Rollover lets you carry the underspent or overspent amount from your Planned Spending items into the following month. This makes it easier to manage expenses that can vary from month to month, such as groceries.
For more information about using Planned Spending or the Spending Plan, see Using the Quicken Simplifi Spending Plan
Before You Begin
Keep the following in mind when using the Rollover feature:
Rollover Requirements
Rollover is available only for Planned Expenses.
Rollover can only be enabled for a Planned Spend series.
You can only view or change the Rollover setting for current and future months.
How Rollover Affects Your Spending Plan
When Rollover is enabled, the target amount is used to calculate your Spending Plan totals. This means the Available amount in your Spending Plan isn't affected by the rollover.
Any remaining amount is carried over to the following month for that specific Planned Spend series.
You won't be able to release available funds from a Planned Spend series with Rollover enabled. Instead, the funds will automatically carry over to the next month.
Auto-release doesn't apply to Planned Spend series with Rollover enabled.
When Rollover Is Not Enabled
For Planned Spend series without Rollover, calculations remain the same:
Overspending is included in your Spending Plan totals.
Underspending uses the target amount unless you release the remaining funds.
For more information, see Planned Spending: Expenses vs. Recurring Expenses.
Enable Rollover for an Existing Expense
Locate the existing Planned Spend expense, then click the three-dot menu in the upper-right corner.
Select Edit expense series.
Turn on the Roll remaining balance over each month toggle.
To start with an existing rollover amount, enter the amount in the Opening rollover field.
Click Update to save your changes.
Enable Rollover for a New Expense
Click + Expense in the upper-right corner.
Select Recurring expense.
Enter the expense details, including the Category and Amount. You can also enter an optional Name.
If you don't enter a name, the expense will use the selected Category as its name.
Turn on the Roll remaining balance over each month toggle.
To start with an existing rollover amount, enter the amount in the Opening rollover field.
Click Create to save the expense
Change Rollover Amount
You can adjust the Rollover Amount, either positive or negative, for a Planned Spend series in the current month's Spending Plan. Changing the amount will clear the existing rollover for that month.
Locate the Planned Spend expense, then click the three-dot menu in the upper-right corner.
Select Change rollover amount.
Enter the new Rollover Amount.
Click Update to save your changes.
Disable Rollover for an Expense
Locate the Planned Spend expense with rollover enabled, then click the three-dot menu in the upper-right corner.
Select Edit expense series.
Turn off the Roll remaining balance over each month toggle.
Click Update to save your changes.
How the Planned Spending Indicator rollover affects your spend
Your Planned Spending Indicator (PSI) target amount is used to calculate your spend, even if you spend more or less than the target.
Overspend: The target amount is deducted from your spend. The extra amount is carried over to the next month.
Underspend: The target amount is still used, so extra “safe to spend” money is not shown early.
Any surplus or deficit is applied in the following month through rollover.
To learn about using Planned Spend Rollover on the Quicken Simplifi Mobile App, please click here!
If you have any questions about using Planned Spend Rollover, please contact our support team.