Why Split a Transaction?
Splitting a transaction helps you:
Accurately categorize expenses or income when one payment includes multiple items.
Gain better insights into your cash flow by reflecting the true nature of your transactions.
For example, if you made a combined payment for office supplies and equipment, you can split this transaction to separately categorize each expense.
When Can You Split a Transaction?
You can split:
Paid transactions on synchronized or manual accounts
You cannot split:
Expected transactions.
Imported transactions as split transactions.
Note: Splitting also occurs during multi-reconciliation or partial reconciliation.
How to Split a Transaction 👇
Follow these steps to split a transaction:
Navigate to the Transactions page or Cashflow plan in Agicap.
Select the paid transaction you wish to split.
In the transaction details panel on the right, click on the Split button.
In the split window, for each new piece:
Name: Enter a name. This is mandatory.
Category: Choose a category. You can leave it as "Uncategorized" if needed.
Amount: Specify the amount. This is mandatory.
Note: Add any additional information. Optional.
Ensure the total amounts equal the original transaction amount.
Click Save to apply the split.
What Happens After Splitting?
The original transaction is divided into several pieces based on your input.
The first piece remains as the original synchronized transaction with its properties.
The other pieces are treated as manual paid transactions on synchronized accounts.
All split transactions will have the Split tag for easy identification.
How to Undo a Split
If you need to reverse a split:
Select one of the split transactions.
Click on the Split button in the details panel.
Adjust the split:
To merge back into a single transaction, delete ALL lines and add one line with the original amount. (It is really important to delete all lines, otherwise this will lead to a technical error and Agicap's tech team will need to take care of it)
Click Save.
Note: Ensure that all amounts sum up to the original transaction amount.
💡 Tips
Double-check amounts: Before saving, make sure the split amounts add up correctly.
Use clear names: Naming each split piece clearly helps in tracking and reporting.
Leverage categories: Assign appropriate categories to gain better insights in analytics.
FAQ ❓
Can I split an expected transaction?
No, you can only split paid transactions on synchronized or manual accounts. Expected transactions cannot be split.
Will splitting affect my cash flow reports?
Yes, splitting provides a more detailed breakdown in your reports, reflecting each split piece according to its category.
How do I identify split transactions later?
Split transactions are tagged with the Split label, making them easy to find and manage.