Glossary

Plan item

A plan item is something you expect to happen in the future.

Examples:

• salary (incoming)
• rent (outgoing)
• VAT payment (outgoing)

Plan items are used for forecasting.

Payment (actual)

A payment is what really happened (ground truth).

Important rule (no double counting):

• if a payment exists for a planned instance, the payment wins

Instance

If a plan item is recurring, it happens multiple times.

One single time within that series is an instance.

Example:

• Plan item: “Rent, monthly”
• Instances: “January rent”, “February rent”, “March rent”, …

Forecast

A forecast is the app’s calculation of your future balances over time based on:

• starting balances
• plan items
• payments (which override planned instances)

Tax assessment (Steuerbescheid)

A tax assessment is the official notice from the tax office for a completed tax year (income tax). In Valutra you record values for liquidity planning — Valutra is not tax declaration software.

Details: Tax projection & assessments

Tax projection (Steuerprognose)

A tax projection in Valutra is a non-binding estimate for a future tax year. It helps you account for possible tax payments in planning.

Details: Tax projection & assessments

Prepayment notice (Vorauszahlungsbescheid)

A prepayment notice sets quarterly prepayments for income tax and solidarity surcharge. It is a separate administrative act and can exist independently of the tax assessment.

Details: Tax projection & assessments

Tax analysis (overview)

On the Overview, Tax analysis shows long-term Tax development (one value per tax year) and Projection accuracy (comparison of projection and assessment for the same tax year).

Details: Overview

Plan items

Plan items are plan items Valutra creates from tax assessments, projections, or prepayment notices — e.g. additional payments, refunds, or quarterly prepayments.

They flow into the balance forecast once you run "Preview plan items" and "Apply plan items".

Details: Tax projection & assessments