✅ Split a transaction into different categories

I would like to see this implemented to. Would be a very useful feature. It seems like a obvious progression for categories.

This would especially be good for credit card payments. I have a credit card that rewards me, so i spend a lot on it and clear the balance each month. would be nice that when i clear the balance I can allocate what i spent to which category

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Often a purchase falls into multiple categories. Most people lack the patience to enter the precise values for each item, but people might - given a suitably slick interface - be willing to put in approximate values. 50/50, 75/25, or whatever. This would help people to understand their spending - particularly their discretionary spending - at the end of the month, on a categorical basis.

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I believe there was a sneak peak of something similar to this. They are going to change summary a bit. Though they did not mention being able to split a specific transaction.

Have you got some examples of how you would use this feature?

Sure, examples abound and I’m sure you have a million, too. Bought groceries plus a gift (say, chocolates plus flowers) from the supermarket. Bought snacks plus petrol from the petrol station. Bought things from any combination of categories from Amazon. Bought your lunch plus some toiletries from Boots. In fact (for discretionary spending) this is actually the normal case - a neat one-category transaction is a special case.

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Yeah this has been mentioned a fair few times. I’ve lost track of where we are with it. Here’s two from a quick search, they should probably be all merged into one thread.

Is there going to be an option in the future to split transaction categories

Example

Shop at Tesco, spend money on groceries and car products on same payment, i would like to show the car products as transportaion

Or I pay my credit card bill, as it stands it just shows Barclaycard, i could be settling groceries, holiday payment, bills etc in same payment but I can only choose one category at minute

I know I can get round this by paying my credit card in multiple payments and changing category to represent each but it should be simpler

If you’re going to have spending categories then I agree, you should be able to spilt transactions between the categories. Real life is messier than one category per payment.

I’ve been a committed YNABber for years (ace budgeting app online), which means categories have been very important to me. Since using summary and pots as my main budgeting strategy over the last couple of months I now see categories as pretty irrelevant, it’s been pretty liberating!

I agree this should be something considered for future. I rely upon categories to budget for difficult months, and sometimes it’s not as clear cut especially as I make large payments like credit card bills which could cover multiple categories.

I tried using pots to split things but its too much messing about, it should be as simple has £x is for one thing, £x amount for another

At thr moment with my credit card, i work out my fuel cost on statement and pay that, then groceries making a second payment, if i eat out its a third payment, just not ideal

I’m quite new to Monzo so i’m not entirely sure if this is already available or not, but anyway: to fully understsnd my spends I would find it pretty useful to be able to split a transaction into various categories should I need or want to; i.e. buying groceries in a shop but getting cashback at the same time. Currently the whole transaction is gategorised as groceries which gives a false budget representation. Not really a problem as I can work around it, but would be a nice addition for future.

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Edit: sorry posted to the wrong thread!

What I actually wanted to say was that I’m hoping the Flux integration and receipt API are the first steps to item by item categorisation.

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Now that’s what I call a non-sequitur.

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No thats not what i mean at all!

I mean in my ‘own’ budget list in my ‘own’ account transactions are separated into categories. If I spend money in a supermarket that transaction gets put in the grocery category. If I also got cashback on that same transaction (for example) that will also be included under ‘grocery’ category. It would be nice to separate that cashback into another category.

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At the moment there is no functionality for that and there isn’t anything on the horizon either. Monzo are concentrating on other aspects. I think they will revisit categories at some point but not in the near future.

But for what it’s worth, I’m with you. Would be a good feature to have.

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It’d be good if Monzo offered this. I’ve seen it requested previously, but I’m not aware of any plans to introduce it.

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The data to identify cashback must be there as I can see it on RBS transactions at Morrisons. (they don’t separate it but it is in the description) The merchant data is also slighty different for the petrol station and I presume this is how Starling can identify petrol whether you pay at the pump or not.

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I, along with plenty of others have raised this issue but it seems to have fallen of the table a little.

Is there anything on the roadmap to accommodate splitting the same transaction into multiple categories? For example, if I were to spend £100 in ASDA this would come out of my grocery tab as standard but if I were to buy household items or medicine I would want those categories to be updated.

Without this feature, the budgeting within Monzo doesn’t work as desired as I often have to over budget my grocery budget.

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I completely agree. Havent had a response on this or custom categories for a while.

Taking cash out completely wrecks my budgeting so ive just stopped using summary altogether, needs to be a lot more granular

I, along with plenty of others have raised this issue but it seems to have fallen of the table a little.

Is there anything on the roadmap to accommodate splitting the same transaction into multiple categories? For example, if I were to spend £100 in ASDA this would come out of my grocery tab as standard but if I were to buy household items or medicine I would want those categories to be updated.

Without this feature, the budgeting within Monzo doesn’t work as desired as I often have to over budget my grocery budget.

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