Increase reminder value at future date

David's Avatar

David

14 Feb, 2020 08:18 PM

Is there a way, or is anyone working working on a solution to increase the value of a reminder at a future time.
ie to increase annually due to inflation

  1. Support Staff 1 Posted by Ethan on 14 Feb, 2020 10:56 PM

    Ethan's Avatar

    Hello,

    You can probably do this for some types of transactions. For example, if your monthly loan payments for this year are $100, and next year they will be $150, you can set up two transaction reminders with different start and ending dates.

    I don't think this would be useful if the amount changed frequently, especially for every payment. Many scenarios I can think of would still require manual entry of some amount. In your inflation example, you'd have to enter in the inflation rate, so you'd have to change your reminder transaction anyway.

    Ethan
    Infinite Kind Support

  2. 2 Posted by David on 14 Feb, 2020 11:02 PM

    David's Avatar

    Thanks Ethan
    Yes I that's something I have done.
    I just wondered from a budgeting point of view it could automated
    estimated inflation.

    It's not a deal breaker.
    Thanks for speedy reply

    Sent from my mobile
    David

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