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@DannyB

I would set up an asset account to represent the loan and book principle payments as transfers with that account.

If they are paying interest, then the deposit transaction for the payment would have to be split between a transfer with the asset account and an interest income category.

@DannyB, thanks for posting your inquiry to the Community!

I would personally set up an Income Category for the payments, and I would definitely count it as income toward my budget. I also sold a car to my sister-in-law a few years back, and it helped offset the cost of my new car. 😁

I took some time to do some actual testing of the Rules implementation in Simplifi.
Turns out what I thought was being treated as an "OR" condition is actually an "AND".
In order to achieve an "OR" condition you would create a separate role for each keyword.
Below is my documentation based on the default "Original Statement Name".
Keep in mind that by partial matches are considered matches as well (see scenario 2 "angel")

Scenario 1

Scenario 2 < --- Orig Statement Names > Search "angel" RECURRING DEBIT CARD ANGEL WWW.ANGEL.COM UT RECURRING DEBIT CARD ANGELSTUDIOS WWW.ANGEL.COM UT RECURRING DEBIT CARD ANGELSTUDIOS/DRYBAR WWW.ANGEL.COM UT WITHDRAWAL POS #XXXXXXXX1832 POS SQ MAIN KITCHEN CAFE SQUARE PURCHASE LOS ANGELES CA DEBIT CARD LAX ESSENTIALS LOS ANGELES CA

@Coach Jon

I'm a little confused by this discussion. The idea post you linked seems to be asking Simplifi to implement an "OR" condition, which is what @geekcred and the support article say we already have.

• @geekcred says that keywords words in a rule are treated as "OR" conditions (and then goes on to request support for AND conditions).
• The idea post you linked says that "The AND condition: this is what you have" (and then goes on to request support for OR conditions).
• The support article you linked says you can "add additional OR keywords by clicking the plus button."

For my part, I thought that:

• the "Contains" version of a rule was basically an "AND" rule — the transaction had to have all of the keywords listed, but not in any particular order, and
• the "is Exactly" version of a rule was also an "AND" rule — but that the transaction had to have all of the keywords listed, in order, and no other words.

Can you help me with this? Is it true that the key words in a rule (using "Contains") are treated as "OR" conditions? Does that mean that a rule will match a transaction if it contains ANY of the keywords?