Adding a running total to transaction history

Intro

This is a feature that I have looked for a few time and keep finding myself missing from a previous banking app. I would like to see a rolling total as it is effected by transactions against the account.

My personal motivations for requesting this feature is: I like to see what my account balance was before my salary is paid in – knowing this will allow me to make decisions with the “whatever’s left” amount. Currently I need to take the current balance and work backward through history until the point my salary was paid to get the “whatever’s left” amount. This is not that hard, but it would be nice if this was just in the UI.

The Idea

In the page for a given account where you can see the history of transactions, on a each transaction it would great to see a snapshot total resulting from applying the transaction. This would allow for a running total of the account to be tracked over time and not just a single current state.

Once way I could see this working is: Each transaction could have a smaller “rolling snapshot” amount below the transaction amount. This value represents the balance before transaction + transaction value (positive or negative) = rolling snapshot.

Adding this would create a trail of resulting balance values leading back through the history. Here is a rough mockup of the idea in a mock account screen.

Conclusion

This is my first post here, so if there is any other information or detail missing please let me know. I look forward to any discussions that follow.

6 Likes

A really like that idea definitely would be useful

This has been suggested before, several times, and discussed at great length. I think it would be extremely useful, and all the legacy banks have it, but Monzo have no interest in providing such a facility. This thread alone has 429 posts about it:

3 Likes

It’s got 429 posts, 169 votes and currently stands in 5th position as the top-suggested features that haven’t yet been implemented. One can only hope :crossed_fingers:

4 Likes

Agree with this. Can’t see why it isn’t included and it is useful on legacy bank accounts.

3 Likes