Company expenses

This is a deliberate design constraint which Hugo’s explained here -

it is a compromise but I’d much rather gain the insights (i.e. your peers who purchase their groceries at Sainsburys rather than Tescos spend x% less per month on average), rather than having more specific categories, as the existing categories are detailed enough for me at the moment.
While we’re on the subject, categories are going to be reviewed in a few months, when I assume more will be added.

As I mentioned, I don’t know whether it’s better to keep the new category or revert to the original, only Monzo does.

I’d suggest we carry on that conversation here, to avoid repeating part of a conversation that may have already happened -

my question would be, once you have those views, how can you turn that insight into actions? If you can think of some examples, you have a much more compelling use case (I hope that doesn’t sound patronizing, I’m trying to help you build the use case here).

1 Like

Have a combination of categories for budgeting and tags to identify expenses. So you could split one transaction at Tesco into 2 categories, petrol and groceries, but tag one personal and one expenses so your budgeting not effected but know what you can claim back from work or what you will get refunded. Plus you need to be about to see reports on either categories or tags.

I have been saving my expenses using the tab, but when it came to trying to claim them back, there is no way to export them or save them as a pdf. This makes this feature pretty useless, in my opinion. Which is a shame because everything else Monzo has done so far has really impressed me! I asked them about this in November and they said they have no plans to add this feature at present. Please Monzo! It would be really useful if you would consider adding this!

Monzo is really intended for personal use.

You could always try an account at Coconut for your business expenses, or set up an account at Tide (as self employed not ltd co)