How should I use the different transaction types?
How should I use the different IOU types?
What is a "Transfer" and when should I use it?
A Transfer represents a transfer of money between two of your accounts, or between your account and an external account. Transfers are NOT counted as expenses or income, they only affect account balances and Net Worth.
Following are some examples when you might find it useful to use a Transfer:
For transfers involving external accounts, please use "NONE" as the account to represent the external account.
What is the difference between "Refund" and "Income"?
Transactions of type "Refund" subtract from your total expenses, while transactions of type "Income" are added to your total income.
If you have an income of $100, and an expense of $50 => Your total expense is $50
If you have a refund of $25, and an expense of $50 => Your total expense is $25
How should I use the different statuses for a transaction?
A transaction can be assigned one of the following statuses:
This is the default status for any transaction. It denotes a transaction that has cleared your bank.
This status should be used to denote a transaction that you have manually entered, but hasn't yet cleared your bank. A pending transaction does NOT contribute to your expenses or account balances.
This status should be used to denote a transaction that you manually entered, and has recently cleared your bank. This is useful if you receive monthly paper statements from your bank, and want to reconcile expenses that you manually entered.
Can I enter transactions in multiple currencies?
Yes, Buxfer makes it easy to manage transactions and accounts in different currencies.
A single financial account in Buxfer is tied to a specific currency. To add transactions in a different currency, first create a new account with the desired currency, and then add a transaction to that account.
By default, transactions in other currencies will be converted to your default currency. If you click on a specific account, transaction amounts will be displayed in the currency for that account. If the currency for an account differs from your default currency, you will see the currency symbol next to the amount.
You can manage your currency settings under Settings > Transactions.
Currency conversion rates are automatically updated daily based on the latest market rates.
How can I easily find transactions that do not have any tags?
To find untagged transactions, please follow these steps:
When I delete a transaction, will it be permanently deleted?
Deleted transactions are available for 30 days in the "Trash" view, in case you want to restore them. After that, they will be permanently deleted.
Can I restore a transaction that was deleted?
Transactions can be restored within 30 days after they are deleted.
To restore a deleted transaction, please follow these steps:
Can I attach notes to a transaction?
Yes, you can attach notes to a transaction. To do so, please follow these steps:
Can I download my transactions from Buxfer?
Transactions can be downloaded in various formats suitable for both data backups and importing into a different financial software. To download transactions, click on "Settings > Download transactions" or visit https://www.buxfer.com/download.
Buxfer provides the following download formats:
Buxfer can automatically back up all your transaction data to Dropbox or Google Drive every night. To use this feature, please upgrade to a PRO membership.