Refund allocation 3

[dingledow (David Ingledow)]

Scenario

My target budget for shopping is £50. I buy a jumper for £50. The remaining budget for Shopping is now £0. If I get a refund for the jumper, should it not increase the target budget for the category?

[alexs (Alex Sherwood)]

Note

Original title of this post was “As a user, if I get a refund for a category (e.g. Shopping), it should Increase the budget for that category’s target”

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It definitely should increase your target, this is a known issue -

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

I expect that Monzo will fix this when they make their updates to the Targets functionality, if not before…