Auto funding based on payday

Anthony Seale

• November 04, 2022 19:39
• Edited

Since we're entering the bill due date, it would be great to have the ability to set payroll direct deposit frequency, or a source(s) as a payroll, and then have Qube auto calculate how much it would take to pay the upcoming bill and auto fund it. Also, be able to identify which direct deposit is payroll so Qube can know which direct deposit to auto trigger the funding.

For example, I get paid every two weeks which sometimes results in 3 paychecks per month. So, let's say I have a bill that is $90 due the 29th of the month. If I get a paycheck on the first day, Qube could see I was going to get 2 more paychecks deposited before that bill was due and it could automatically transfer $30 when it sees the payroll deposit come in. Alternatively, if I don't get paid until the 12th then it would see I was only going to get one more paycheck deposited so it would auto transfer $45.

EDIT: added setting a source, or sources, as a payroll to trigger funding because of very valid points by Brent Barrand

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  Brent Barrand

  • November 14, 2022 07:43
  • Edited

  The suggestion I made would solve this and likely every other related problem. They already have most of the infrastructure necessary to implement my suggestion. It feels like it would be such a shame to not utilize what they already have to its fullest potential.
  https://support.qubemoney.com/hc/en-us/community/posts/10574282998036-Automatic-Qube-Funding-When-Money-Received

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  Anthony Seale

  • November 04, 2022 19:37

  100% agree with you there!

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  Joshua

  • May 01, 2023 14:39

  I would like to have two funding schedules. One for each paycheck.

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