Home and Car Insurance paid with one check-split transaction

Sheri

We recently transferred from Mint to Simplifi.

We pay our home and car insurance monthly with one check. However, in the Spending Plan, it shows the car insurance as the total amount, with no home insurance amount. How do I set up the Spending Plan to categorize each amount correctly?

DannyB

Hi @Sheri

Welcome to Simplifi.

I would create a monthly recurring expense for the whole amount using the insurance company as the Payee. Then when you enter the payment in your account register, or when the check clears at your bank and is downloaded into Q-Simplifi, you can us the split feature in the transaction edit window to split the transaction appropriately between the two categories, i.e. 1st split, Amount: $[amount of auto portion], Category: Auto Insurance; @2nd split: Amount: $[amount of property portion], Category: House Insurance (or whatever categories you have set up for these expenses).

If you want to have both expenses show up separately in your recurring expenses I suppose you could write separate checks for home and auto portion of the payment and then when they show up in Simplifi match them appropriately to the two recurring expenses.

Sheri

Thank you