Editing transactions
Edit a transaction
If you have a single transaction that covers multiple items, you may want or need to split it.
Why do I need to split transactions?
Different expense categories e.g. an online seller that buys a work phone and envelopes in a single Amazon purchase.
Mixing business and personal e.g. a taxi driver that buys air fresheners whilst doing the weekly grocery shop.
Switching from net to gross e.g. a landlord that receives rental income after letting agent fees have been deducted.
How do I split a transaction?
Go to Record Keeping and find the transaction you want to split and click the 3 dots on the right-hand side.
Select Split transaction.
You’ll see the original transaction at the top of the screen.
You’ll also see 2 new transactions below, which you can allocate to different categories. You can split it into more than 2 parts if needed.
- You’ll get a hint to ensure the new transaction values equals the original amount.
- Select Update transactions to save the change.
- The new transactions will be shown individually in the Record Keeping area, with a ‘split transaction’ icon below the amount.
Need help?
If you are still unsure or need further help you can contact your accounting firm or our Digital Tax Software support team by submitting a ticket at the bottom of the page.
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