gmclean:
As such, Monzo will never recognise a salary income (and the fact its weekly) rendering the Summary and Budgeting features completely useless for me. I doubt I’m alone.
It would be good if Monzo allowed the user a way to tag any Faster Payments from a given bank account as ‘Salary’. All of the data required is available (the incoming payment is from a specific sort code and account) and I can already add a category if I choose, so this could build on existing functionality. Even if it’s a ‘hidden category’ it should still work.
I think the best way to solve this would be to have a Salary or Income category .
A Salary/Income category would allow all incoming payments assigned to other categories to be deducted from that category’s budget, which would be useful for stuff like refunds or people paying you back for things.
This would allow for better budgeting and also solve an issue which loads of people have brought up before:
I know this has been brought up a lot of times but are Monzo considering including bank transfers in budget categories.
Today i received compensation for a flight delay, as the money was sent through a bank transfer although I changed it to the holiday category it does not appear within my budget ie this payment should reduce my monthly allowance
Surely this can not be hard to rectify, surely it must be better just to include all payments/transfers in the budget then people have the option to …
NB: the above is the main voting thread for including bank transfers in budgeting categories.
Hi,
It would be great if “transfers in” with a given category showed up in the category in the spending budget list.
For example. If I pay £50 for a dinner out it gets categorised as eating out, and shows up in the spending summary screen. Then if someone transfers me their share (£25) it should be taken off of my spending summary for eating out. The eating out total should show as £25, not £50.
Thanks,
Paul
I have searched the forum for this but haven’t been able to find any reference.
Most weeks either my girlfriend or I do the weekly food shop and when we get home let the other one know the total and we transfer half across to their account. (For info my Girlfriend isn’t a Monzo account holder - oh the shame!)
This is simple when she does the food shop as I transfer her my half of the cost and categorise againt ‘groceries’ . When I do the food shop the whole cost goes against the ‘grocery’ cate…
Issue:
I have a ‘Transport’ budget set up for the month of £150.
I spent £53 on petrol this month, however it was for business purposes and I submitted an expenses claim for ~£64 for the mileage covered.
My expenses have now been paid, and I tagged the credit transaction as ‘Transport’ in my feed.
However, my summary still says I have £97 left of £150 for ‘Transport’.
For my groceries, credits (i.e. refunds from online shopping) do get associated with the budget summary and increase the amo…
Issue: When I receive a payment on my account and assign it to a specific category, the spent amount for the category and the entire budget is never adjusted. When someone pays money into my account I want to adjust the specific category because then the budget goes out of whack.
Details to reproduce: Just send a payment to your monzo account and assign it to a category, the amount spent for that category won’t be adjusted.
OS: Android
Device: Note 9
App Version: 2.13.1
Screenshots:
A small niggle of mine is that the total month spend in the ‘spending’ tab does not include money received from people. I am sure that there is a search function, but it would be useful to either show the total spend AND the overall money out (I.e including money received, but excluding your own top ups). Or have an option to select which total it shows.
The reason being is me and my partner both use the card, but when we need to split purchases our budgets are all messed up in the total.
Mine is splitting transactions to different budgets and being able to use people paying me back, through normal transfers, to net off categories.
It could also be used to solve the following “Spent Today” issues by excluding payments in the Salary/Income category from the Spent Today figure:
Have definitely posted about this before in that I noticed ‘spent today’ not taking into account incoming payments and thus not reflecting what you’ve spent today. My point then was “what’s the point of bill splitting if you’re then told you’ve spent an amount greater than in actuality”.
I’ve just realised today that a TFL refund that came in did affect ‘spent today’ but bill split payments still don’t.
And my question is…why? Why on earth should this be expected behaviour?
[image]
Issue: spent today not correct
Details to reproduce:
OS: ios
**Device:**iphone
**App Version:**12[image]
Screenshots:
Issue:
Spent today is shown wrong after you received money and spent.
Details to reproduce:
have money being sent to you, preferably a refund, cause this is how I reproduced
have 10 quid being refunded to you
spent 44 quid in the same day
check monzo widget if you have it or simply open monzo app.
notice how it shows that you spent 34 pounds altough you actually spent 44.
not a critical bug but might be important for those desperate to keep track of their money (actually) spent
OS:
iOS 12…
Issue: I have payed a friend via bank transfer £20 today and the graph showed it correctly, but then I got a refund from Amazon (Claimed my self via the “Question Transaction” dialog, as I cancelled the order). After I got a refund the graph showed spent today as £0. But I have two transactions in the app
£20 send to a friend
£26 refund from amazon
Details to reproduce: see above ^
OS: iOS
Device: iPhone XS
App Version: 2.24.0 #479
Screenshots: [IMG_0640]
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