Split Transaction

Introduction

The Split Transaction function enables the retail user to split the transactions into various categories. This functionality helps user to split a transaction in multiple categories for the categorization purpose. If the retail user selects a record which is already categorized for split option then, original categorization for the selected transaction is removed and only split transaction categorization is considered for budget or expense analysis.

If the transaction is already split, then retail user cannot update the category on the Transaction Categorization screen. However, retail user can select the already split transaction and click the Split Transaction button to edit, delete or do any update on the split transactions.

While splitting the transaction, retail user has to specify the transaction remarks, amount, and category. Retail user also has the option to delete or add one or more record in the already split transactions. The sum total amount of split transactions should be equal to the transaction amount.

The retail user is shown three rows, but only first row will be pre populated with original transaction data in Transaction Remarks and Category but Amount is blank. In case of already split transaction, retail user will be shown data entry screen which will be pre populated with existing detail and retail user can modify the transaction. By default, three rows will be shown to the retail user for splitting the transaction. Using Add Row option, retail user will have option to add more number of rows. Added row will have following fields:

• Select

• Transaction remarks

• Category

• Amount

The retail user can add any number of rows and added row will be blank and will not have any data.

Retail user can also select any record for removal by selecting the check box for ‘Select for Remove’ option. However, the total sum of the split transactions should be equal to the original transaction amount.

Navigation

The following is the navigation for this option:

• Click the Split Transaction button in Transaction Categorization screen.

OR

• Click the Split Transaction button in View Transaction History (Operative Accounts) screen.

OR

• Click the Split Transaction button in View Transaction History (Deposit Accounts) screen.

OR

• Click the Split Transaction button in View Transaction History (Loan Accounts) screen.

OR

• Click the Split Transaction button in View Transaction History (Other Bank Accounts) screen.

OR

• Click the Split Transaction button in View Transaction History (Credit Cards) screen.

• The Split Transaction screen is displayed.

What you can do

The table below provides a brief description of the data displayed on the screen and the functions you can perform:

Field

Description

Transaction Details

Transaction ID

The unique ID of the original transaction.

Transaction Date

The date on which the transaction was initiated.

Transaction Remarks

The remarks specified during the transaction initiation.

Amount Type

Specifies whether the transaction is of Debit (Dr) or Credit (Cr) type.

Amount

The amount of transaction.

Transaction Split Details

Transaction Remarks

The transaction remarks for each split transaction.

Note:

The retail user can edit this field.

Amount

The amount for each split transaction.

Note:

The retail user can edit this field.

Category

The category for each split transaction.

Note:

The retail user can edit this field.

Select for Remove

Select the corresponding record for removal.