Home > Features > Transfers, budgets and reports

Transfers, budgets and reports

May 2, 2012

I have just submitted version 3.8 to Apple, where I have changed the behaviour of transfer budgets and reports, hopefully for the better.

Previously, all the transfer amounts were added together which didn’t really tell you anything. With my latest changes, transfers IN will be added and transfers OUT will be subtracted, giving you a net value per category for the account or group. For example, if you transfer 100.00 from account A to account B using the category Savings, and in the same period you transfer 25.00 from account B back to account A using the same category, previously this would have been shown as 125.00. Now the result will depend on which account you are looking at, e.g. account A will show -75.00 and account B will show +75.00.

If you are looking at an account group that includes both A and B, then the net amount will be 0. The same applies when looking at all accounts (since transfers typically have no effect on the overall balance).

I believe this is a more logical thing to do, however if you think this is going to cause you problems, please get in touch.

  1. Paul
    May 6, 2012 at 12:29 pm

    While importing several years of data on 3 different accounts with lots of transfers between them, I really had trouble getting things sorted out and kind of gave up. I hope this improves how transfers behave.
    Not sure how to do transfers in the best way, but now I import the whole statement and manually change transfers from a -\+ to a transfer. The problem then is I get double transfers because they were already present in the statement I have imported for both accounts. So that means deleting one by one again…
    Otherwise pretty happy with the app, and I guess this is more a problem of the transfer-thing itself than o the app.

    • May 6, 2012 at 2:15 pm

      Hi Paul, you can import transactions directly as transfers as described in the section on CSV file – just include the second account in the details column in [ ]. But I agree, if you are importing multiple accounts you will get duplicates. These should be deleted either prior to importing or afterwards in the app.

  1. No trackbacks yet.
Comments are closed.