Splitting transactions
You can split a single transaction into two or more transactions so that these can then be assigned to different categories 📊
For example:
You spend $100 at the supermarket; however, you would like to split that $100 value into three separate amounts so you can categorise them into 🍎 Groceries, 🍻 Beer, and 💸 Cash Withdrawals.
- Head to the Transactions page
- Click on the transaction to open the edit panel for the transaction
Click SPLIT on the right, and another line of transaction details will show
Enter the value of the new split transaction(s) in the new row and press enter. PocketSmith will calculate the total of the split transactions and display whether the total of all components is over or under the original transaction total.
You can then click Update original, and the total of the first transaction will be changed so that the total of all split transactions match the original amount
Click Save
- A new transaction will then be created for each split
Note
- Any note or label that is added before saving the split into separate transactions will be applied to all split transactions. Once the transaction has been split, you can then individually adjust the note and label on each new transaction 📝
- Any files attached to the transaction before splitting will only be attached to the original transaction. If you want to attach the file to the split transactions, this will need to be done after the split is completed for each transaction 📎
- You can split a transaction into a mixture of income and expense transactions; however, split transactions can only be saved if the split total is equal to the original amount 🧮