Income Groups - Track Specific Income

What is an Income Group?

An income group is a special income source that you want to track separately from your general budget.

It’s not a category or an expense. It’s a way to tell Dialcash:

“This money came from here, and I want to know how much is left after spending.”

Common examples:

Monthly salary
Bonus payment
Freelance project payment
Gift money
Tax refund

Why Use Income Groups?

Income groups help you answer important questions:

“How much of my bonus is left?”
“Did I already spend all the freelance payment?”
“Where did that specific income go?”

Without income groups, all money blends together in your budget. With them, you get focused tracking on specific income sources.

Creating an Income Group

To create an income group, you must first record an income transaction.

Step 1: Record the Income

Go to New Transaction
Select Income
Enter the amount received
Choose the account
Add a description (optional)
Save the transaction

Step 2: Create the Income Group

Navigate to Income Groups section
Tap Create New Income Group
Give it a descriptive name (e.g., “January Salary”, “Client XYZ Payment”)
Select or enter the amount
Save the income group

That income:

Adds to your general budget (if it’s in a main account)
Becomes available as a trackable income group

Associating Expenses with Income Groups

When you make a purchase, you can link it to an income group.

How to Link an Expense

Go to New Transaction
Select Expense
Enter the amount
Choose the account
In the Income Group option, select an existing group
Save the expense

This tells Dialcash that this expense came from that specific income source.

Tracking Remaining Balance

Each income group shows:

Initial amount: The original income received
Remaining balance: Money still available from that source
Spent amount: Total expenses linked to this income

This allows you to quickly see:

“How much of this money do I still have?”
“Have I already spent this entire income?”

No manual calculations needed.

Relationship with General Budget

It’s important to understand:

Income groups don’t replace your budget
The money is still part of your total balance
Income groups add an extra layer of tracking

Think of them as a magnifying glass over a specific income source.

The general budget shows your total available money. Income groups show how specific money is being used.

When to Use Income Groups

Income groups are ideal when:

You receive one-time or irregular income
You want to avoid overspending specific money
You need to justify how certain funds were used
You’re saving income for a specific purpose
You want to separate different income streams

If you don’t need that level of detail, you can continue using Dialcash normally without income groups.

Best Practices

Do’s ✅

Use descriptive names
Create groups for significant income
Review remaining balances regularly
Link related expenses consistently

Don’ts ❌

Don’t create groups for every small income
Don’t mix multiple income sources in one group
Don’t forget to link expenses when relevant

Common Use Cases

Freelancer Tracking

Create an income group for each client payment to see project profitability.

Bonus Management

Track how you spend your annual bonus separately from regular salary.

Gift Money

Monitor how you use money received as gifts without mixing it with regular income.

Side Income

Keep side hustle income separate from your main job earnings.

Quick Summary

An income group tracks a specific income source
Created after recording an income transaction
Used when recording related expenses
Shows how much money remains from that source
Doesn’t affect your general budget calculation
Provides focused visibility on specific money

Income groups are optional but powerful for detailed financial tracking.

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