Automatic account transfer detection
April 22nd, 2008 by ShashankTransactions in your bank or credit card statements which are actually account transfers show up as expenses (sometimes in multiple accounts). Its quite a hassle to manually mark each one of these transactions as an account transfer. Last night, we released a feature which gets makes this a lot easier:
- Mark as account transfer: The ‘Actions’ menu for each transaction contains an action to quickly edit a transaction into an account transfer
- Automatic account transfer detection: You can automate the rule for detecting account transfers. For example, you can set up a rule which says
always mark transactions matching
ATM Withdrawalas transfers from myCheckingaccount to myWallet
June 10th, 2008 at 7:59 pm
This feature does not work for me. I set up a rule to mark description = “ATM withdrawal” as transfer from Checking to Cash, but when I enter such a transaction, it does not detect the transfer. I am manually entering the transaction. Does this feature only work when importing from bank statements? Thanks.
August 18th, 2008 at 7:46 am
Same issue here.
I tried to create the rule when editing a single transaction (”mark as transfer” and “create rule”) and it doesn’t work. In the rules list, it is written that the rule “matches 0 transaction”.
The issue is, the same rule used for autotagging does work…
I also tried to create the rule then import a new bank statement : still doesn’t work…
Feedback on this issue would be great !
September 4th, 2008 at 7:22 pm
I too have the same problem. I can understand that if I’m transferring between accounts, the statement has to be present on both accounts for the transfer to be recognised.
However, this rule should not hold for a cash ‘account’ as I cannot automatically import my statements. I deleted my original “My Wallet” account by accident and now automating transfers is difficult to set up.
March 22nd, 2009 at 4:48 am
I have a transfer from one account(A) to another(B). The names are different and possibly the dates. Marking each transaction as a transfer duplicates it in the other account. Is there a manual way of eliminating duplicates? I can live with that since I have this issue only rarely. The new feature section mentions “Find duplicates” link. Where is that? I cannot locate it