How do transfers to Savings/Loan accounts affect Budget? #2029
kirill-andr
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I am wondering how would transfers to Savings account and Loan account affect budgets?
Here is the scenario I am trying to reconcile. Let's say my goal is to save at least X% of my income per month. With that, I have set up a Savings account that is tracked in Maybe. To that account I transfer some amounts during the month and all these transactions are matched with inbound transactions in the savings account. At the end of the month, I would have hoped to be able to see these transfers categorised as "Savings" and a total %, just like with any other expense.
Similar idea with a Loan account, against which I reconcile and track monthly repayments. Unfortunately, the transfers to both, Loan and Savings account show up as Matched transfers and there is no evident option to categorise them to see how much I am saving and repaying of a Loan on a monthly basis.
These seem to look just like inter-account transfers. I could probably use Tags, but that would not allow me to see totals per month in Budget breakdown.
Anyone has an Idea how to tackle this?
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