If you receive the money from another mono user you can assign it to a category, great, works as expected and means the spending summary is correct.
If however you pay a bill (or anything) and receive the money from a non-Monzo user via bank transfer youāre unable to assign the payment to a category. Instead this transfer is classed as āincomeā. This massively screws up the spending summary.
This is a big issue for a lot of people and I agree with āpjsā thoughts on this. Monzo are championing the budgeting part of their app and I love them for doing it, but itās not there yet.
The issue with not being able to categorise bank transfers has been around for some time, Iāve seen it mentioned on the forums in multiple threads over the last few years. Itād be great if Monzo could give us a timeline for addressing this.
Not sure if this would belong here or in a new āIOUā feature. I frequently pick stuff up for my flat mates on the way back from work that I donāt want. Iād love the option to charge them the full wack, kind of like a claim back the full amount feature. Maybe even add an admin fee option could be done by allowing me to remove myself from the bill?
We have a local takeaway that only takes cash and as weāre all Monzo users it would still be useful to throw IOUs round to everybody to transfer the money to me.
Thereās no reason you canāt generate a monzo.me Ā£5 for the takeaway link, and send it to them. Those get picked up by the monzo app and just become monzo-to-monzo transfers.
So I think the thing coming out of this, is that the ability to be able to assign categories for incoming transactions is just as important as outgoing transactions. Itās not so much that the transactions need to be tied together, but for the sake of budgeting the categories need to be correct.
Being able to correct them manually would be the fundamental step towards that, and then any automatic assignment on top would be icing.
Iām after a single āoff Monzoā transaction that will result in a lot of Monzo people owing me money, being able to go through this new bill splitting feature so I can keep track of who owes what and if theyāve paid or not.
Bill splitting but being able to trigger it with an arbitrary value rather than a specific transaction.
Iād also like them to allow you to split a bill with yourselfā¦ that way you can split the transaction into separate categories to make summary that bit more accurate
Thatās a little over kill really for what Iām after, Iād expect to be paid back by everybody by the time the next meal time rolls around. The bill splitting functionality above is pretty much all Iām after.
Hi, serious apologies if already raised above but I donāt think I saw it.
Bill splitting is absolutely amazing and it has already made paying for things with SO and friends soooo much easier.
But, up until now, whenever you received money on the day your āX spent todayā figure at the top of pulse/feed would not go down. Now with bill splitting implemented, surely this figure could now properly reflect what is spent today by minus-ing the money received back?
So in the above my total for the day should be 23.01 - 5.43 = 17.58
Monzo anything that can be done here? Would be great for spent today to update and actually be correct.
Iām hoping the new payee management features announced in the Big List Update are part of the steps towards mon-monzo account integration with bill splitting.
For joint accounts: it would be good to be able to split a joint account transaction with your own Monzo account. ie. pay for something on joint account, then split that bill with yourself and partner.
I like the idea of using bill splitting with other monzo users through the request and receive facility as previous to this I would send monzo me links to other monzo users and they would have to manually send it through me being a contact on their monzo app.
However much like many other people on this thread feel that non monzo users should still be able have a split transaction with.
This is really easy to rectify all you have to do is when you split a bill, say Ā£2 each for 5 people, all you need is under the add people button is the facility to send a Ā£2 monzo me link thatās automatically filled in with the details of the transaction.
When using bill splitting and adding a Monzo user, it didnāt show the contact I needed because the phone number in the contact was in +44 format. When I added the 07ā¦ format number to the contact I could then see it in Monzo when splitting a bill.
could be done by allowing me to remove myself from the bill?
