Forum Discussion

Crowbar922's avatar
Crowbar922
Experienced User
7 months ago
Solved

How do I split connected bank transactions when I am reviewing and categorising them ?

Hi, I can see how to create split transactions when you enter transactions manually but I can't see the split transaction option when I am categorising the transactions in my connected bank accounts.
How do I do this? Eg I have an income item that needs to be split into gst and non gst. I also have the same with an expense item.   Thanks

  • Here’s how you can split an expense in Solo:

     

    If you tap on the transaction in Review Transactions, it’ll try to categorise it automatically but you can’t split it from there.

     

    Here’s the workaround:

    1. Head to the Home screen, then tap Expenses and open the Transaction List.
    2. Find the transaction you want to split and tap Edit.
    3. Change the expense type from Business to Split, and add your line items.

     

    For example, if you spent $100 at Bunnings: $25 was personal, and $75 was for paint you’d add:
    ✅ Line 1: $25 as Personal
    ✅ Line 2: $75 as Business (with a description)

     

    You can also adjust the GST if part of the expense did not incur GST. 

17 Replies

  • And for your question surrounding your pre-paid phone recharges, this is to manage this in Solo:

    As for your prepaid bills, here’s how to manage this in Solo:

    Head to More > Categories > All Categories

    • Tap the + in the top right
    • Choose Asset
    • Give it a name (e.g Telstra Prepaid Mobile 04XX XXX XXX)
    • Toggle on “This is a bank account”
    • Set the Tax Code to GST Free FRE 
    • Add any handy notes (e.g. “For X while travelling to Y”)
    • Hit save

    Record the full recharge amount

    • Create a new Money Out
    • Choose your Supplier (e.g. Telstra)
    • Expense Type: Business
    • Payment Method: your new prepaid mobile category
    • Tax Code: N-T
    • Enter the full recharge amount (e.g. $100)
    • Save

    Track what you spend

    • Create another Money Out when you use part of that recharge
    • Supplier: Telstra
    • Category: Telstra Prepaid Mobile
    • Tax Code: GST
    • Add the amount used (e.g. $55)
    • Save

    Repeat step 3 as you use the recharge 💸
    You can check what’s left anytime by heading to More > Transaction List and opening your Telstra Prepaid Mobile account.

     

    Let us know if you get stuck Crowbar922​ we’re always here to help! 🙌

  • Crowbar922's avatar
    Crowbar922
    Experienced User
    7 months ago

    Thanks for your all help, I’ll look at all of that re prepaid mobile.

     

    Not being able to split income or expense items into gst and non gst components when categorising connected bank account transactions is the big issue.

     

    I am assuming “myob lite” must you do this when you categorise your bank transactions ? I might have to look at that 

  • Maggie-Solo's avatar
    Maggie-Solo
    MYOB Staff
    7 months ago

    Hey Crowbar922​ you can split your bank transaction expenses that appear in your connected accounts. Would you like to know more about splitting expenses that appear in your Connected Accounts? 

  • Here’s how you can split an expense in Solo:

     

    If you tap on the transaction in Review Transactions, it’ll try to categorise it automatically but you can’t split it from there.

     

    Here’s the workaround:

    1. Head to the Home screen, then tap Expenses and open the Transaction List.
    2. Find the transaction you want to split and tap Edit.
    3. Change the expense type from Business to Split, and add your line items.

     

    For example, if you spent $100 at Bunnings: $25 was personal, and $75 was for paint you’d add:
    ✅ Line 1: $25 as Personal
    ✅ Line 2: $75 as Business (with a description)

     

    You can also adjust the GST if part of the expense did not incur GST. 

  • Crowbar922's avatar
    Crowbar922
    Experienced User
    7 months ago

    I just tried your suggestion above on the connected bank account income item that needs to be split into gst and non gst sales categories and it worked. 

  • Crowbar922's avatar
    Crowbar922
    Experienced User
    7 months ago

    So in a round about way by explaining the work around for expense items that you have answered my original question regarding income items  👍