Refund treated as Money out in Target

Issue:

Details to reproduce:
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App Version:

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I received a refund for a transaction and categorised that refund to be the same as the original payment. I would’ve expected it to be treated as negative spending therefore cancelling out the original spending. This was the case in Spending but not in Target. In Target the transaction is treated as additional spending therefore doubling up the amount spent, rather than reducing it to 0 net. This must be an error?

iPhone 13 Pro
iOS 16.4.1(a)
Monzo Plus

Definitely seems like a bug - how you expected it to work is how it works for me, on Android, both for the total Target spending this month, and for the individual tracked categories in the Target breakdown.