Split Transactions Across Months

Lake

split transactions such that the first split can hit in January and the second split of the same transaction hits in February. Other budgeting apps do this, and it allows you to split up large transactions or yearly subscriptions across months.

Flopbot

@Lake, can you provide an example of a real-world transaction where this might actually occur? I'm having a hard time picturing this one.

ajbopp

@Lake If I understand your request correctly, you want to track paying for a single item over several months. I'm assuming something like using Affirm on Amazon, where you buy something for $500 and pay for it over the course of 5 months. Let me know if I'm barking up the wrong tree.

This sort of thing is the scenario that the Spending Plan is ideally suited for. It tracks and projects the monthly payments being made on a purchase, and allows you to select a date when those payments will stop.

Coach Natalie

@Lake, thanks for the suggestion!

Yes, it sounds like this may be something Quicken Simplifi can already accomplish for you. However, you may also be looking for something like these existing requests:

https://community.simplifimoney.com/discussion/98/using-splits-multiple-categories-in-recurring-transactions-4-merged-votes

https://community.simplifimoney.com/discussion/1199/break-down-annual-bi-annual-expenses-to-a-monthly-amount-in-spending-plan-edited-6-merged-votes

Can you confirm for us, please?

-Coach Natalie