Split transactions
There could be situations when you need to assign more than one category to a transaction. For example, at a Big Box Retail store, you purchase a variety of items- household goods, groceries, medicines and others. This purchase generates only one transaction as you pay only once for all these items. In such situations, you can split this transaction into its component items and assign appropriate categories to each split line item. This gives you more clarity on where your money is really going and is useful when examining your spending trends and budgeting.
However, it is not necessary to split each line item of your receipt, as this may be time consuming. You may selectively split out the items you really care about tracking closely -medical or other tax-related expenses, business or reimbursable expenses- and leave the remainder of the transaction with a more generic category like Shopping, Household or Misc. Expense. For example, after a vacation where you bought many items, you may just enter a split line for "Medical" to track your prescription and leave the balance of the transaction as "Household".
Splitting a transaction helps you track spending more accurately.
How to split a transaction
How to split a transaction
- While editing a transaction, click the Split button (
) on the register row...- Or click the Split icon in the bottom register toolbar...
- Or use the keyboard shortcut Option + ?S
- Or click the Edit Details button on the selected row then click the Splits tab
- In the Splits tab, add the amounts for each category. Click the '+' button to add more splits or use the keyboard shortcut Shift + ?N
- Click Save to enter the transaction.
How Quicken automatically adjusts the split amounts
How Quicken automatically adjusts the split amounts
This depends on how you enter the splits.
...
Click the Clear all splits button to delete the split lines.