When dealing with a client who has Casual Income we recommend using the Year To Date calculator so Quickli can do all the calculations for you. You can read more about the YTD calc here.

To emphasise our desire for users to use the YTD calc for casual income scenarios, we even show this warning here when you enter a number into casual field in the standard version of the calc 👇🏻

However, if you insist on using the Standard calc for casual income, you can enter it here 👇🏻

The reason casual income has it's own input field is because some lenders (not many) shade casual income after it's been annualised. A little harsh if you ask us 😒.

Please be aware, that when you enter a number into the casual field in the standard version of the calc, Quickli is not annualising the figure only shading the income based on lender policy.

In other words, we require you to annualise your casual income based on the number of weeks stated in policy before you input it into Quickli. Then Quickli auto shades what you've input into the Casual Field based on what the lenders policy says to shade it by.
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For example, St George annualise on 48 weeks so if your casual income is $500/week you would input 500*48 into the Casual field, and then Quickli shades at 100% (aka they don't shade it).

💡Hot Tip: Each numerical field in Quickli is a calculator and can handle your basic mathematical operators. Ie, you can put 500*48 into the field and it will calculate the result for you.

Reach out to us in the chat window in the bottom right hand corner of your screen if you have any questions 🤓