The percentages shown are all expressed as a percent of total income.
When entering salaries, you should enter gross salaries. That is, enter the total gross pay before any taxes are taken out or other deductions are made. You can then enter the various deductions as expenses (which of course they are).
For example, you'll find a place to enter income and social security taxes in the "Other Expenses" group ("Taxes Withheld"). If you have employer provided health insurance, and you have to contribute to cover part of its costs, you can enter that cost in the "Health & Personal Care" group.
Styles:
Simply put, a budget calculator let's you answer that famous question, "Where did all the money go?". Our Budget Calculator also calculates expenses as a percentage of income. It may be reasonable to spend 30% of your income on "Shelter". It probably would not be such a good idea if your "Recreation Expenses" were also 30%.
Click on the "Help" button for important details.
The budget calculator in SolveIT! also lets you compare projected budgets to actual income and expenses. You'll also be able to save your entries for later use and create budgets and reports which span and summarize an entire year (if you desire).
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