The new jacket arrived at the end of October but I didn’t like it. I popped it back in its box and sent it back to the online merchant (the Monzowed!).
The refund appeared on my Monzo card early November.
I take a look at the Spending page for October and see that I’ve still “spent” the money on the jacket. My target for the shopping category is skewed. My total spending figure still includes the jacket purchase. That kinda feels odd. I feel like the transaction should no longer be part of my monthly spend.
Perhaps refunds should do something like this:
- Remove/Archive the line item completely, like the transaction never existed
- Keep the line item, mark it with a refund label, remove the amount from the spending calculation
What do you think?