Once you've created a budget, you can edit, move or delete it at any time. This can be useful if you want to change a specific event within a repeating budget, amend a budget to better reflect your earning and spending, or change the date it occurs.
When editing or deleting a repeating budget, you can choose whether you would like the update to apply to:
- Only that specific budget event
- All budget events from a specific date forward
- All budgets within the budget series
Editing a budget on the Calendar page
We recommend editing budgets via the Calendar, as it offers the most flexibility and lets you target budget events on specific dates. From here you can:
- Edit an individual budget event, on a specific date
- Edit a repeating budget from a specific date onwards
- Apply edits to the entire budget series
To edit budgets from the Calendar:
- Head to the Calendar
- Click on the budget event you'd like to change
- This will open the budget form window. Make the changes within the budget form (you can switch between the SIMPLE BUDGET FORM and the ADVANCED OPTION by selecting these options from the bottom left corner of the form).
- Once you're happy with your changes, select Update
- If this is a repeating budget, you'll need to choose how you'd like to apply this change.
- Once you're happy with your selection, click Confirm changes
- The Calendar page will reload with your updated budget
Tip If you want to edit a past budget event, make sure Show actuals in history is unticked so that you can view any budget events on past dates.
Note
If you choose to edit a transfer budget, any changes you make to one side of the budget transfer will automatically be applied in the other.
Editing a budget on the Budget page
From the Budget page, you can:
- Edit or delete the entire budget series for a category
- Edit details for a budget for the current budget period only
- Edit details for a budget from the current budget period onwards
To update a budget event on a specific date, or from a specific date onwards, use the Calendar instead.
To edit budgets from the Budget page:
- Head to the Budget page and navigate to the budget you'd like to edit
- Hover over the budget and click the three-dot menu on the right side of the row
- Select Edit or Delete this budget
- Make the changes within the budget form (you can switch between the SIMPLE BUDGET FORM and the ADVANCED OPTIONS by selecting these options from the bottom left corner of the form).
- Once you're happy with your changes, select Update
- If you are editing a repeating budget, choose how you'd like to apply this change and click Confirm changes
Note
If you have set up more than one budget for this category, you can see these by selecting View all category budgets. All budgets for this category will be listed. Click on the budget you wish to edit.
If you choose to edit a transfer budget, PocketSmith will display both the income and expense sides of the transfer as two separate budgets. You can select either of these, and any changes you make to one will automatically be applied in the other.
Editing a budget on the Trends page
You can use the Trends page to look at your earning and spending over time. You can choose to view any particular budget on the Trends page using the side panel. From the Trends page, you can:
- Edit or delete the entire budget series for a category
- Edit details for a budget for the current budget period only
- Edit details for a budget from the current budget period onwards
To update a budget event on a specific date, or from a specific date onwards, use the Calendar instead.
To edit budgets from the Trends page:
- Once viewing a particular budget on the Trends page (Reports > Trends), you can edit it by selecting Edit budget from the toolbar
- This will open the Budgets tab for this category. You can change the budgets from the category shown in the dropdown options. Click on the budget you'd like to change.
- Make the changes within the budget form (you can switch between the SIMPLE BUDGET FORM and the ADVANCED OPTION by selecting these options from the bottom left corner of the form). Note: If you want to delete a budget you need to select ADVANCED OPTIONS
- Once you're happy with your changes, select Update.
- If you are editing a repeating budget, choose how you'd like to apply this change and click Confirm changes.
Note
If you have chosen to edit a transfer budget, PocketSmith will display both the income and expense side of the transfer as two separate budgets. You can select either of these and, any changes you make to one will automatically be applied in the other.
Editing a budget from the Income and Expense report
From the Income & Expense report, you can:
- Edit or delete the entire budget series for a category
- Edit details for a budget for the current budget period only
- Edit details for a budget from the current budget period onwards
To update a budget event on a specific date, or from a specific date onwards, use the Calendar instead.
To edit budgets from the Income & Expense report:
- Head to the Income & Expense report (Reports > Income & Expense)
- Hover over the category row and click the three-dot menu on the right side of the row
- Select Edit current budget
- Make the changes within the budget form (you can switch between the SIMPLE BUDGET FORM and the ADVANCED OPTION by selecting these options from the bottom left corner of the form).
- Once you're happy with your changes, select Update.
- If you are editing a repeating budget, choose how you'd like to apply this change and click Confirm changes.
Deleting a budget from the Calendar
When deleting a budget via the Calendar, you can:
- delete an entire budget series
- delete a single budget event on a specific date
- or delete the budget from a specific date forward
To delete a budget from the Calendar:
- Head to the Calendar
- Click on the budget event you'd like to delete
- This will open the budget form. Note: You need to select ADVANCED OPTIONS.
- Select Delete budget from the bottom left corner
- There are a few options to consider when deleting the budget
· If this is a one-off budget, PocketSmith will ask that you confirm this change
· If this budget is a repeating budget, PocketSmith will ask how you would like this delete action to be applied.
· If this is a transfer budget, you'll be given the option to also delete the budgets related transfer
- Select the appropriate option, then click Confirm Deletion
Deleting a budget from the Budget page
From the Budget page, you can:
- Delete the entire budget series for a category
- Delete the budget event for the current budget period
- Delete a budget from the current budget period onwards
To delete a budget event on a specific date, or from a specific date onwards, use the Calendar instead.
- Head to the Budget page, and navigate to the budget you'd like to delete.
- Hover over the budget and click the three-dot menu on the right side of the row
- Select Edit or Delete this budget
- This will open the budget form. Note: You need to select ADVANCED OPTIONS.
- Select Delete budget from the bottom left corner
- There are a few options to consider when deleting the budget
· If this is a one-off budget, PocketSmith will ask that you confirm this change
· If this budget is a repeating budget, PocketSmith will ask how you would like this delete action to be applied.
· If this is a transfer budget, you'll be given the option to also delete the budgets related transfer
- Select the appropriate option, then click Confirm Deletion
Note
If you have set up more than one budget for this category, you can see these all by selecting View all category budgets.
If you choose to delete a transfer budget, PocketSmith will display both the income and expense side of the transfer as two separate budgets. You can select either of these to delete. You'll then be given the option to also delete the budgets related transfer
Deleting a budget from the Trends page
You can use the Trends page to look at your earning and spending over time. You can choose to view any particular one of your budgets on the Trends page using the side panel.
From the Trends page, you can:
- Delete the entire budget series for a category
- Delete the budget event for the current budget period
- Delete a budget from the current budget period onwards
To delete a budget event on a specific date, or from a specific date onwards, use the Calendar instead.
- Once viewing a particular budget on the Trends page (Reports > Trends), you can delete it by first selecting Edit budget from the toolbar
- This will open the Budgets tab for this category. You can change the budgets from the category shown in the dropdown options. Click on the budget you'd like to change.
- This will open the budget form. Note: You need to select ADVANCED OPTIONS.
- If this budget is a repeating budget, PocketSmith will ask how you would like this delete action to be applied.
- Select the appropriate option, then click Confirm Deletion
Note
If you have chosen to delete a transfer budget, PocketSmith will display both the income and expense side of the transfer as two separate budgets. You can select either of these and, once you choose to delete one budget, you'll have the option to simultaneously delete the other.
Moving a budget on the Calendar
You can quickly move a budget on the Calendar with a simple drag-and-drop.
- Head to the Calendar
- Navigate to the budget event you'd like to move and click and hold it with your cursor. You'll then be able to drag and drop it to another date on the calendar.
- If this is a budget event within a repeating budget series, select how you'd like this change to be applied and click Confirm Date Change
Note
If this is a one-off budget, moving it will automatically reload the Calendar page and show the budget on the new date.
If you're moving a single budget event within a repeating budget series, PocketSmith will ask how you'd like the change applied. For example, whether you'd like to just move this budget event, all related budget events within the repeating budget.
Considerations when applying changes to repeating budgets
If you make changes to a repeating budget, you'll need to choose how these changes are applied. Because a repeating budget has multiple budget events attached to it (based on the frequency you've chosen for your budget to repeat), you can apply the changes to just one budget event, the whole repeating budget or all future budget events.
Learn more about the options available when changing or deleting a repeating budget below.
Options for applying changes to a repeating budget
If you change a repeating budget, you'll need to choose how these changes are applied. Because a repeating budget has multiple budget events attached to it (based on the frequency you've chosen for your budget to repeat) you can apply actions to just one budget event, this and all future budget events, or, all of the budget events within the budget's series.
Only this budget event for [date]
This will edit only this budget event in the repeating budget series, leaving others unchanged.
This option is useful in the following instances:
- You have an estimated repeating amount set for a repeating budget, but you want to adjust a particular budget event based on the actual bill amount, for example, an electricity bill
- You generally stick to your estimated budgeted amount, but as a one-off event, you exceeded that amount
- A monthly repeating budget falls on a weekend, but the transaction only occurs on a weekday, so moving the budget event to a weekday
This and future budget events from [date] forward
This will update the current repeating budget sequence from the selected date and into the future. Previous budget events will remain unchanged.
This option is useful when you change a budget, but you don't want the past budget and forecast to be affected, only budgets from the date you have selected.
All budget events in this series from [date]
This will edit all events within the repeating budget. All scheduled budgets from the start date until the end date (if one was added) will be updated with your changes. Note that this does not include any existing one-off exceptions from previous "Only this event" edits.
If the recurring budget began before the current day, this means that the historical forecast balances for your accounts will be changed. This shouldn't cause any issues with the future forecasting balance due to the forecast adjustment events. The following user guide has more information about the forecast adjustments: Balance correction events on the calendar.
Options for deleting a repeating budget
If you want to delete a repeating budget, you'll need to choose how this deletion is applied.
Because a repeating budget has multiple budget events attached to it (based on the frequency you've chosen for your budget to repeat), you can delete just one budget event, this and future budget events, or, the whole repeating budget.
Only this budget event for [date]
This will only delete the selected budget event. All other budget events within the series will remain unchanged.
This and future budget events from [date] forward
This will delete all budget events from the selected date onwards. Any previous budget events in the repeating budget series with remain in your PocketSmith history.
All budget events in this series from [date]
This will delete the entire repeating budget series - all budget events in this particular repeating budget will be deleted.
Delete all budgets in the XYZ category
If you have more than one budget (for example, you might have an older budget that has now finished within a category, or a previous one-off budget), selecting this option will remove all budgets you have associated with the category.
Deleting a related transfer budget
If you are deleting a transfer budget, selecting this option will simultaneously delete the budget associated with the other side of the transfer.
Adding an 'end date' for a budget
If you would like to end a budget for good, for example, if you've paid off a loan or cancelled a subscription service, you can do this by adding an 'end date' for the budget.
To do this:
- Head to the Budget page, and navigate to the budget you'd like to end
- Click the three dots at the end of the row, and select Edit / delete:
- Enter an end date for the budget, and click UPDATE
- When confirming how you'd like the changes to apply, select 'All budget events in this series', then click CONFIRM CHANGES
Note
The end date will not be included in the budget's repeating period.
So, if you want a repeating budget to have its last budget on a particular day, select an end date after the last budget event's date and before the next budget event.
Example: I have a transfer budget for my loan repayment that repeats monthly on the 1st of each month. I want this to end on 1 December 2026, as it will be paid off.
So I select an end date of 2 December 2026 to include the last budget event on 1 December 2026.