Bill Name is the name of the bill you wish to add. You can select from the drop down menu or you can choose your own name. You can name bills anything you wish but you cannot name 2 bills the same name. When adding two Car Insurance bills you can add them as Car Insurance and […]
Category: Get Started
What is Bill Frequency?
Bill Frequency is the number of times per year a bill is paid. Variable bills are bills that change each time such as electricity, gas and phone bills. Choose the Variable option for these type of bills.
What is my Basic Payment?
Your Basic Payment is your Grand Total Annual Amount (the total cost of all your bills per year), divided by your Number of Payments per Year.
What is the Annual Total Sum?
Your Annual Total Sum is the total amount of all your bills for 1 year.
What is the Amount Column?
Add the amount of each bill in this column. For example if you have a bill paid every month at 50.00 per month, add 50.00 in the Amount column. For bills that have variable amounts for each bill such as utility bills, take an average for that bill and add the average amount in this […]
What is the Actual Due Date?
The Actual Due Date is the date the bill is due to be paid. If the bill is overdue, for example, and the Due Date was 30 days ago, add the 30 days ago date when adding the bill to your account.
What account number do I add?
If you wish to keep your bill account number details you can add them here or you can add this information later in Manage My Bills. Adding this information is optional and will not affect the use of BillsManager in any way.
Why do I need the actual due date of a bill?
The Actual Due Date is the date the bill is due to be paid. If the bill is overdue, for example, and the Due Date was 30 days ago, add the 30 days ago date. This is used to work out how much you should have in your account at any given time and is […]
What if I have two car insurance bills
You cannot name 2 bills the same name, but you can add two car insurances by naming one Car Insurance 1 and the second one Car Insurance 2 or by the persons name, Joe’s Car Insurance and Jane’s Car Insurance for example. You can select from the drop down menu or you can choose your […]
What is the Expected Start date?
The Expected Start Date is the date you expect to start putting money aside towards the bills that you wish to budget for. This field must be completed for BillsManager to calculate your budget, your cashflow and how much you should pay into your bank account to cover your bills. Typically you will choose a date […]