Income going to a expense

Hi there

Was discussed before but I currently use discoverys healthy food benefit and they pay back the money I get back into my cheque account. This isnt technically a income but more a refund on a purchase. So that should be then go back into the costs of the expense. So the ability to dedicate this income back to the groceries in this example is needed.

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  • Hi Sven,

    Thanks for getting in touch!

    In your case, I'd suggest categorising the refund from Discovery as a Transfer. This will prevent it from contributing towards your Income.

    Next, I'd suggest splitting one of your grocery transactions into two parts. One of these parts should be the same value as the refund from Discovery, which you should also categorise as a Transfer too. Once you've done that, only the remaining portion of the transaction will count towards your expenditure for this month (effectively cancelling out the spend/refund that Discovery covers).

    I hope this makes sense! Please feel free to read through this article on our Help Centre, which explains how to split a transaction: https://conversations.22seven.com/hc/en-us/articles/202009298-How-to-split-transactions-

    Do let us know if you have any other questions regarding this!

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  • that is a round about of doing it unfortunately as it would require sitting down and working out how much the healthy foods total cost is compared to the total bill, working out 25% of that amount, splitting the bill according to that 25% where as the simplest solution would just be to categorize the refund to the expense and thats it. I have seen other people ask for this as well before and I am sure it would help all the refunds people get from time to time. if it is possible that is.

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  • Hi Sven,

    Thanks for the additional info!

    Please forgive me if I'm misunderstanding you, but this shouldn't require any calculation on your part. As a Discovery HealthyFoods beneficiary myself, I categorise the refund from Discovery as a Transfer. This effectively keeps a record of the transaction on my 22seven profile, but it no longer counts towards my income and artificially inflates it.

    Next, I click on a random grocery transaction, then select "Split." I can assign a custom name and value to each of the splits. I use "HealthyFoods Cashback" as the name for my first split, then simply enter in the exact amount of the refund I received from Discovery this month. I categorise that split as a Transfer too. Next, I click on the "Save" button and the rest of the calculation is done automatically.

    The reason we don't allow for traditional netting off of transactions at the moment is because we feel strongly about 22seven reflecting your bank statement as accurately as possible. We believe that displaying the money entering and leaving your accounts int his way effects behavioural change. Of course, there are cases where a few customers prefer to "net off" transactions, which is why we introduced the process above :)

    Does this provide a bit more clarity?

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