Transfers between linked accounts
How about pairing transfers between linked accounts, so that they are not considered in the income/outcome overview?
Karel Frankl
shared this idea
45 comments
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Josef Dvorak
commented
Exactly. I had a discussion about this with customer support and they told me something like that this is not reasonable request and I should use rules. I was trying to explain the guy, that if you transfer money in between your own accounts and it is sometimes correctly recognized and paired as an transfery payment and in other cases it just appears as expenditure and income, that it's a bug and it messes up all the statistics. He told me to manually categorize these wrongly identified transfers as other payments and then filter these out of analysis. OMFG:(. I even described the way, how Spendee do it (basically lets you manually link two payments between two accounts, if the amount and dates matches), but the support guys seemed to not care and just repeated that this is not a bug and I should solve it myself somehow.
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Bartosz Gołębiewski
commented
I spotted that bug right after I purchased lifetime subscription. I'd appreciate fixing that problem.
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JirkaV
commented
+100 please :)
I have same problem, thank you...
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Anthony
commented
Agreed. This is very much needed. Some procoess to automatically recognize if two of your bank synced accounts have a an expense and income amount that are the same amount, on the same date, and maybe have the word transfer in the description.
Doesn't even have to be fully automatic. Even if when it syncs you alert us saying "hey we noticed these transactions might be transfers, please verify"
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Iman Akbari
commented
This is the only reason I'm considering to switch from Wallet to something else.
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Anonymous
commented
C'mon guys, really? Credit card payments show up as Income in my analytics? It's only fixed on android? Who does serious work on mobile?
If it was going to be fixed, the web app should have priority.This really is a deal braker for me, which sucks because everything else works great.
Just like having the best car in the world, except one of the wheels is stuck.
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Amy Grace O'Brien
commented
*Update*
The mobile app actually allows you to do this now. But you still can't do it in the web app.
So this is fixed for ongoing transfers going forward, but i want to be able to correct all historical data and there's no way im going to sit and do this one by one on my phone for the past 3 years' data.
Enabling it on the web app will allow me to mass update all transfers and FINALLY have accurate data! -
Cristian Nucida
commented
I don't know how but in december the app actually did this thing! Unluckly now is not working anymore, it was so useful
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Anonymous
commented
It begs belief that this app can't perform this basic function. Just bought a premium account, but will move to a different platform. Very frustrating - the app looks great otherwise, but is fatally flawed if it can't perform basic functions like this.
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tonda.kmoch commented
+100 for this.
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Geoffrey Teng commented
Wallet has some potential, but moving away to Spendee because of this
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CatalinD
commented
I manage 21 accounts. Four of them are manual accounts (for cash in various currencies) and one is Clearing Account, the others are syncronized Bank accounts from four banks.
Everything works fine for the automatic income or expense transactions.
The issue is that Transfers are poorly recognised in automatic. More than 1/4 of trasactions in period are actualy Transfers between the accounts I own but the engine to recognise the transfers is very poor (it seems inexistent). There are so many pairs of income/unknown transactions i have to manualy reconcile!!! Most of them I have to pass trough Clearing Account while the transactions is only a basic transfer between two accounts of the same bank.
Please do something to solve this problem urgently, because I feel this manual reconciliation is overwhelming. -
Josh Koa
commented
Agree with the individuals here. As a premium user, this is a huge pain point.
I transfer money across multiple accounts (some w/ Bank Sync, some via Import) more than 10 times a month. It doesn't make sense to have so much manual effort to pair transfers.
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stevanus kurniawan
commented
i just register premium wallet, and this is critical pain point, at least show a feature where you can choose a transfer to other transaction
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Anonymous
commented
I have read through all the comments, and users have been demanding this simple feature for years. It appears that Wallet is losing paying customers because they refuse to make a very simple change. Despite all the complaints, no one from Wallet ever responds.
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Andrew
commented
Just downloaded the Wallet app today and I can say immediately this is the missing feature that stands out for basic use of the app.
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Anonymous
commented
This is very frustrating, I would be ok also having a new category such as "Internal Bank Transfer" to categorise this appropriately
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Eliezer Charles
commented
This can be succesfully if Dev team uses the same way as splitted transactions (as in Android version) for marking as Transfer.
I can link transfers to linked accounts in iOS, but It could be even an option for linking the existing transactions between the source/beneficiary account
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Daryl
commented
Just started using Wallet - it's the first budget app I've used where the sync functionality for bank accounts actually works, which is great. Until I realised you can't track transfers between linked accounts. This needs to be a high priority; otherwise all the statistics and overviews are false.
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NN
commented
This bugs me to no end. A lot of automatic transfers & charges happen between my accounts and I constantly have to adjust them.
I've been using the free Wave Accounting software (because I'm self-employed) and it handles auto-detecting transfers SO well. You can also edit them manually too. Whenever I use it I always think about how amazing it'd be for Wallet to replicate an experience/feature similar to Wave. If anyone at Wallet sees this PLEASE look into the interface/UI features that Wave has (at least in regards to money transfers between automated accounts, credit card + bank accounts, etc)
I honestly considered moving over to use Wave to manage my personal in addition to business finances even though I purchased a lifetime subscription to Wallet a few years ago... but Wave doesn't have a mobile app (only one for scanning receipts and oddly an entirely separate one for invoices) & it's near impossible to use their website on a mobile browser. Wallet, you're the best option I've found that fits my needs... except for some really major quirks. I want to keep using your app, please look into this. <3
