The Income report shows where your money comes from. Understanding your income sources helps you track career progress, identify passive income opportunities, and plan for financial stability.
Accessing the Report
- Go to Reports from the main navigation.
- Select Income from the report options.
The Donut Chart
The main visualisation is a donut chart showing your income by category:
- Each slice represents an income category
- Larger slices indicate higher earnings
- The centre shows your total income for the period
- Hover over any slice to see the category name and amount
Period Selection
The button at the top left of the report shows the current period. Open it to choose from:
- This Month, This Quarter, This Financial Year, This Calendar Year
- Last Month, Last Quarter, Last Financial Year, Last Calendar Year
- Last 30 Days, Last 90 Days, Last 12 Months
- Custom Date Range, to set your own start and end dates
Financial-year periods follow the Australian financial year, 1 July to 30 June.
Income Breakdown
Below the chart, a detailed breakdown shows parent categories with their subcategories listed beneath. Each row displays the category name and the total amount received.
Use the collapse/expand button (chevron icon) next to the "Transactions" heading to toggle every subcategory row at once. When collapsed, only parent category totals are shown.
Each parent category row has its own chevron on the right, collapsing or expanding just that category's subcategories.
Click on any category row to drill down further.
Income Categories
Financio starts you with these income categories:
Salary / Wages
- Base Pay
- Bonuses
- Overtime
- Commissions
Investments
- Dividends
- Interest
- Capital Gains
- Rental Income
Government Assistance
- Social Security
- Unemployment Benefits
- Pension
- Family Tax Benefit
- Childcare Subsidy
Other Income
- Gifts
- Reimbursements
- Side Hustle / Freelance
- Tax Refund
- Cashback / Rewards
Drilling Into Categories
Parent Categories
Clicking a parent category (in the chart or the table) opens a subcategory breakdown panel showing:
- Each subcategory with its total amount
- The percentage each subcategory contributes to the parent total
- A summary row with the parent category's total income
From here, click any subcategory to see its individual transactions. Use the back arrow to return to the subcategory breakdown, or continue back to the main table.
Subcategories and Individual Categories
Clicking a subcategory or a category without children shows:
Transaction List
All income transactions in that category for the selected period, showing:
- Date
- Payer/Source
- Description
- Amount
Source Breakdown
A secondary breakdown showing income by source (payer) within that category. This helps you identify:
- Your different income sources
- How much each client or employer contributes
- Diversification across income streams
The Income By Source chart has a $ / % toggle in its header, so you can read either the dollars received from each source or each source's share of the category. It appears once a category has income from two or more sources.
Income Diversification
Financial advisors recommend having multiple income sources. The source breakdown helps you track how diversified your income is. Relying on a single source is risky; building additional streams provides security.
Filtering Options
Click the Filters button to customise your report. You can filter by:
- Accounts: View income to specific accounts or separate business from personal
- Categories: Focus on salary only, or just passive income sources
- Merchants/Sources: Analyse income from specific employers or clients
- Tags: See "Freelance" income or "Investment" returns
- Amounts: Find small recurring income or focus on major deposits
For detailed information on how filters work, including saving filter configurations, see Filtering Reports.
Asking Insights Questions
Insights answers plain-English questions about your income using your own data.
Click the purple Insights button next to Filters to open the questions drawer.
Tap the sparkles icon in the top-right corner to open the questions sheet. Questions are grouped by topic.
Pick a question from the list. Some have highlighted parts you can tap to change (an account, an amount, a time period), so "When will my savings reach $100k?" can become "$250k" with one tap. Each answer shows a headline figure with a short caption, a couple of sentences of explanation and a tip.
Answers respect the report's current date range and filters, so if you've narrowed the report to one account or category, the insight describes that slice of your data.
Questions on this report include:
- How does my income compare to the previous period, or the same period last year?
- How has my income changed over this period?
- How stable is my income?
- Where does most of my income come from?
- What's my average monthly income over this period?
- Which months did I earn the most and least?
- Is my income keeping up with my spending?
Comparing Periods
The comparison question is like for like: if you're 22 days into August, it compares against the first 22 days of July (or of last August), not the whole month. The answer shows the two totals side by side, a projected month-end figure while the month is in progress, and the categories that moved most. A single large receipt that explains a jump, such as a bonus or a tax refund, is flagged as a one-off, switch the question to excluding one-offs to see your underlying income without it. Any filters applied to the report apply to both periods.
Most of these are calculated directly by Financio; a handful are answered with help from an AI provider using only amounts, dates and category or merchant names. The first time you use Insights you'll be asked to acknowledge how your data is handled. See AI Features & Privacy for details, including how to turn AI features off for the whole household.
Questions that need more history than you have (for example, three months of transactions) are hidden until enough data exists.
Tracking Salary vs Passive Income
Use category filters to compare:
- Active Income: Filter to show only Salary / Wages and Side Hustle / Freelance
- Passive Income: Filter to show only Investments (Dividends, Interest, Capital Gains, Rental Income)
Tracking the ratio between active and passive income helps you work toward financial independence, where passive income covers your living expenses.
Downloading Data
Download Chart
Save the donut chart as a PNG image. Useful for:
- Annual income reviews
- Financial planning presentations
- Tracking progress toward income goals
Download CSV
Export the income data to a spreadsheet containing:
- Category name
- Total amount
- Transaction count
- Percentage of total
Common Use Cases
Tax Time
Review your income report for the financial year to ensure all income is accounted for and properly categorised for tax purposes.
Salary Tracking
Compare income month-over-month or year-over-year to track salary increases and bonus payments.
Investment Performance
Use category filters to see just investment income and track how your portfolio is performing in terms of cash returns.
Freelance Income Analysis
If you do freelance work, track income from different clients to understand your most valuable relationships.
Table View
Tap Table in the view switcher to swap the donut for a plain list of every category and its total, indented to show subcategories under their parents, with a Total Income row at the bottom. Tap any row to drill in.
The web report shows the donut chart and the full category breakdown together on one page, so there's no separate table view to switch to. For a spreadsheet of the same figures, use Download CSV. See Exporting Reports.
Ensuring Complete Income Data
For accurate income tracking:
- Categorise all income transactions: Uncategorised income won't appear correctly in reports
- Use consistent categories: Apply the same category to the same income types
- Review regularly: Check that imported transactions are correctly identified as income (not expense)
Income vs Transfers
Make sure internal transfers between accounts aren't incorrectly categorised as income. If money moving between your own accounts appears in the income report, edit those transactions and set their type to "Transfer".