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Option to require Payee match before assigning a transaction to a recurring series

rMarkD

I often get transactions mis-assigned to a series simply because they have a matching Amount and Approximate date. I would love to have an option to require the Payee to match before the assignment is made. I realize that Payee names from banks can vary but I use Payee rules to keep these consistent and I'd rather be responsible for keeping my rules up to date than for having to periodically hunt down transactions that were mis-assigned to series, which then keeps the correct transaction from being assigned when it comes it.

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rMarkD

Additionally, it seems when the wrong transaction is assigned to a recurring series, the Payee name is taken from the series even though I have a specific Rule set up for the transaction. It seems like the Rules should be applied first, and then the Recurring series.

Coach Natalie

@rMarkD, thanks for taking the time to share your experience and feedback with the community!

According to our help article here, once a transaction is linked to a recurring reminder or series, the payee and category will be updated to match the series: https://support.simplifi.quicken.com/en/articles/4436514-link-transactions-to-reminders

With that, we do have this Idea post that came through recently that may assist you in this regard:

https://community.simplifimoney.com/discussion/17029/keep-recurring-name-separate-from-payee-name-edited

If so, please add your vote and feedback, then follow it for updates! For more details on how Idea posts work here in the community, please see our FAQ:

https://community.simplifimoney.com/discussion/998/creating-and-voting-for-ideas-in-the-community

If the existing Idea post doesn't meet your needs, you are welcome to create a new Idea post for your specific enhancement request—whether that be a payee match before linking a transaction to a recurring series, or having rules applied to the transaction before the match to recurring takes place.

I hope this points you in the right direction!

DryHeat

@rMarkD

It seems like the Rules should be applied first, and then the Recurring series.

I think the Payee-changing Rules are applied first and then the system attempts to match the changed Payee (or "Payee after Rule") to the Recurring Series name.

I base that on this comment in a thread last year.

https://community.simplifimoney.com/discussion/comment/61034#Comment_61034

rMarkD

Natalie,

Thanks for your comment and the link to the post, but I still don't understand the logic around this and I can't believe more people don't have the same problem I do. I have a number of Recurring series set up and the system mostly does a good job of assigning incoming transactions to them. But, the fact that, if I have a series set up for a payment of, say, $100 on the fifteenth of every month for a given payee and then on the thirteenth of the month another $100 transaction comes in, that transaction will often be assigned to the series even though it has a totally different payee name, which I will have set through a rule. And worse, the payee that my rule set correctly will be overridden by the payee name from the series. That just seems like an obvious logic flaw. The system should not assume that any payment with a matching amount and approximately the right day of the month matches a given series.

Thx, Mark.

Coach Natalie

@rMarkD, thank you for the reply!

Unfortunately, we don't have any further information to share in the community about how payee renaming and recurring matches work. If you believe you're experiencing a bug, I recommend contacting our Support team directly so they can take a closer look, determine whether further investigation is needed, and provide the best path forward. https://support.simplifi.quicken.com/en/articles/5077917-how-to-contact-support

Otherwise, please feel free to create that Idea post, as mentioned in my last comment!

rMarkD

Thanks, Natalie!!