Advanced transfer
I have a problem with the transfer.
I have two accounts from the same bank. One in my name, the other in the name of my daughter (who is a minor). I transfer an allowance every week (always amounts under 7.5) with an automatic service that the bank provides.
Well these transfers despite occurring on the same day are not read as transfers!
If I try to change the expense (or income) as a transfer, it only makes me enter the manual account, or the off-wallet account.
It would be useful to be able to select all accounts for transfer, and by selecting one, the system should check if within a range of a given date (say one to five days) it matches a specific amount opposite, so that it can match the correct entry.
Example if I transfer by bank transfer 100 euros on December 30 from ACCOUNT X to ACCOUNT Y. The amount is credited on January 3 to Account Y.
The system recognizes 100 from Account X as Unknown Expense, while in Account Y it recognizes the sum as Unknown Income.
Account Y has on January 2 another income of 100 euros. Classified as a poker winnings!
Now, I want the transaction that was credited on January 3 to be recognized as a TRANSFER.
I modify the 100 euro expense in account X and set it as a transfer.
From the list of accounts it shows me all accounts present ( both synchronized and manual). I set account Y as the recipient of the transfer (with a maximum of 5 days difference from the expense), the system should find all positive amounts that are equal to 100 euros, and report them to me in a list. So it should report to me:
100 euro - Poker winnings - January 2
100 euro - Unknown Entry - January 3.
Obviously I would dock the January 3 entry for the transfer.
A similar functionality is offered by Spendee and I must admit that for me it was very convenient to "hook" transfers not detected automatically.
I switched to the Lifetime version because compared to Spendee there are many more features ... but also some flaws.
I hope this feature will be integrated
I attach as images the two transactions, and the screen that appears to me when I try to enter the transfer.
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Jindřich Pergler commented
I agree with that. Toshl has this functionality and offers linking of the other transaction and then it is displayed as one transfer transaction for both transactions. While Wallet is great app with great features this I miss a lot. Right now I have to go and manually edit each transfer and put there the other side and do it twice for every transaction wich is quite annoying. I would not go automatic transaction creating but it would be great that if I convert to transaction that there is smoother way with less clicks to link it with the other transaction. I think for this feature Toshl is really great inspiration UX-wise.
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Péter Bálint commented
I agree,
I recorded a similar development proposal.
https://wallet.uservoice.com/forums/195072-general/suggestions/46283572-manual-linking-of-transactions -
FRANCESCO commented
Yes it is true the same functionality is also provided by Toshl, and it is even more accurate than Spendee!
I am experiencing a problem on all transfers made from one account to another (especially with synchronized ones).
In the example I am illustrating to you, I have transferred from my account to my daughter's account (12 years old) 7.50 euros.
If I go to the WEBapp I see this transaction as INCOME into my daughter's account (INTESA ALE category - "OTHER") - Figure 1
I see the same transaction as a transfer in the ANDROID app, from the INTESA MIO account to the INTESA ALE account ( the correct solution is just that). Figure 2However, if I try to edit from the web app the transaction as a TRANSFER, I have no way to select the source account except as OUT WALLET or Cash or Add New Account. So in the web app there is absolutely a problem in the transactions identified as transfers (Figure 3).
Moreover I believe that all transfers have big problems, because it seems quite obvious to me that if I enter a transfer (whether iwhether income or expens), there must be similar opposite transaction (expenses/incomes) of the same amount in another account, and then wallet should automatically detect the other transfer and not make me enter it manually (I might forget). I
Wallet therefore should be able to automatically detect the other transaction, and automatically categorize it (without my intervention) as a TRANSFER! The only thing possibly a pop-up alerting the user which operation is going to be linked! -
Dummies76 commented
I believe a similar feature has TOSHL as well.
Basically you select the source account of the transfer and the spent portion of the transfer to that account and automatically matched in an incoming transfer.
But actually it would be convenient to see in a list which expenses/income can be matched to the one we requested the transfer from.
I hope it is taken into consideration because very frequently I make transfers from one account to another for my savings, and every time I have to go and check and manually enter a transfer for each of the two transactions.