Incoming payment to negate spending

[alexs (Alex Sherwood)]

This issue has also been discussed here -

Refund allocation 1

Hi, I have just received a refund for an item I purchased last month, but now that it’s refunded it is accounting in this months spending targets. It would be nice if there was a way to ‘allocate’ the refund to the correct month/purchase so that my spending is a true representation of my months spending. This my be an overkill feature, but I use Monzo as a budgeting tool and in This current process it’s becomes a little more difficult to see my total spending per month. Lee

& more recently, investigated here -

Incoming payment categorisation

So to clarify, should the monthly total spent be the sum of all debits minus credits? When the sending money feature was released on android I tried it out and the money I received wasn’t included, which I find a bit annoying. I used the app to chat to Monzo and they confirmed that it isn’t a bug and isn’t supposed to be included but this post here is saying the opposite?

I have a feeling this will be fixed pretty soon -

Incoming payment categorisation

Yeah, that’s something we need to fix too. We’re about to start working on money requests and bill splitting so we’ll add this to the list. Thanks!