Split transactions
How to Split Transactions
Some transactions cover multiple categories—for example, a purchase that includes both office supplies and equipment or a charge that’s part business, part personal. Or, more commonly, how to record the principal and interest for loan payments.
Splitting a transaction ensures each portion is properly categorized, keeping your reports accurate.
Split a Transaction
You can split a transaction across multiple categories as well as multiple entities.
Find the Transaction Navigate to your Transactions list and locate the one you want to split.
Select the “Split” Icon Click on the transaction to open the details. Choose split icon in the bottom left corner.
Enter the Split Amounts Assign the correct dollar amount to each category.
Assign Categories and Entities Use the dropdown menu to assign the appropriate category for each portion and to choose the corresponding entities. Make sure you add something in the description field of the newly created split in order to save it.
How to Split a Transaction Across Multiple Entities
How to Split a Transaction Across Multiple Categories
How to Categorize a Loan Payment
Since loan payments are made up of two parts—the principal (the amount you borrowed) and interest (the cost of borrowing)—you’ll need to split the transaction to track them properly.
Find the Transaction Navigate to your Transactions list and locate the one you want to split.
Select the “Split” Option Click on the transaction to open the details. Choose split icon in the bottom left corner.
Enter the Split Amounts & Categories Assign the correct dollar amount to each category and be sure to use a negative sign (-) when splitting expenses, but not income. For example, when splitting a loan payment, part of the amount will go towards principal and a part towards interest.
How to Create Split Rules
Split Rules let you automatically divide transactions by percentage or by fixed amount, and assign each part to different categories or entities.
Go to the Rules tab and open the Split sub-tab.
Click Add Rule.
Choose how to split transactions:
By percentage: Adjust the percentages (they will always sum to 100%).
By amount: Set a fixed dollar amount for one side, and the net will automatically balance the rest.
Add additional split lines if you want more than two parts.
Assign Categories, Entities, or Custom descriptions to each part of the split.
Review your changes in real time in the preview panel.
(Optional) Exclude transactions that are already split.
(Optional) Check the box to only apply the rule to future transactions.