How does a transaction affect my account balance?

Modified on Thu, 18 Jun at 12:33 PM

Transaction updates the attached account balance in the following ways on the TimelyBills app

1. Immediate Updates:

Income, Expense, or Transfer transactions automatically update the Account balance if the transaction date is today or earlier.

2. Future Transactions:

Transactions dated in the future will have a Future Label until the specified future date comes

3. Balance Adjustment:

The balance will be updated automatically for the transaction dated with future dates.

In case the transaction is edited or deleted then also the linked bank account balance will get updated

If you counter any problem or have a query, please contact support at support@timelybills.app