Can I create a recurring bill that includes splits?
For example, I want to have my monthly mortgage payment set up as recurring, but I'd like to have the split (principal and interest) be part of the recurring transaction. I realize that I will have to manually enter the two amounts of the split, but I am trying to avoid having to create the split each month.
Best Answer
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It's not currently possible though you can vote for it here:
What I have set up is a recurring transaction for the full payment from my bank account to the mortgage, and I split it manually after the payment goes through (I log in to the mortgage company's website to get the breakdown). I split it into 3 - principal, interest, and escrow. Interest is an expense transaction and principal and escrow both get transferred to manual accounts so I can keep track of their balances.
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