Introduction
How can the 'Split transaction' function help
How to split transactions on Mobile app
How to split transactions on Web app
Topic area
Transactions
Relevant to users on:
Money Dashboard Neon
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How can the 'Split transaction' function help
Split transactions can help you keep on top of your spend by:
- Balance your books: if you pay and then get money back from friends / flatmate/ partner for example, if you pay for a bill and they pay you back if you do not split the original transaction it will look like you are paying more than you actually do in your reports
- Keep track of your cash spending: if you take cash out you will just see the ATM withdrawal - as you spend your cash, you can split the original ATM transaction and categorise the cash spend e.g. a £100 ATM withdrawal which is automatically categorised as enjoyment might actually be: £40 groceries, £30 haircut, £20 transport and £10 on lunch.
- Get more detailed reporting: Sometimes you might be spending at one merchant but for things you want to track separately e.g. you might split a £70 shop at Sainsburys into £50 groceries and £20 alcohol.
How to split transactions on Mobile app
1. Tap on the 'Home' tab and swipe up for your transactions list
2. Search for the transaction you wish to split and select it. This will bring up the transaction's details
3. Select 'Split' under the transaction's description
4. You can now edit the transaction that was split by tapping on 'Edit':
- The amount for the second transaction
- The description of the second transaction
- The category associated with the second transaction
5. Select 'Split into x transactions to save the split OR
6. Select 'Add another split' to further split the original transaction. Select 'Delete' (bin icon) against a split to remove the split
Once a split has been completed you will see a 'Split' icon located against the transactions related to the split.
How to split transactions on Web app
1. Select 'Transactions' from the side navigational bar
2. Search for the transaction you wish to split and select it. This will bring up the transaction's detail box on the right hand side
3. Select 'Split' beside the options to 'Rename' / 'Edit date'
4. You can now edit the transaction that was split:
- The amount for the second transaction
- The description of the second transaction
- The category associated with the second transaction
5. Select 'Split into x transactions to save the split OR
6. Select 'Add another split' to further split the original transaction. Select 'Delete' against a split to remove the split
Once a split has been completed you will see a 'Split' icon located against the transactions related to the split.