Sometimes a single bank transaction needs to be split — for example, if it relates to multiple categories, properties, or includes a mix of GST and non-GST items (especially for sole traders). In these cases, you can use the Split button to make sure the transaction is allocated correctly.
When to Use the Split Button
The Split option appears during the allocation process whenever you're allocating a bank transaction.
How to Split a Transaction
Start by allocating the transaction as usual.
Instead of clicking Continue, select the Split button.
In the Split Transaction pop-up, enter the amount you want to allocate first, then click Split to confirm.
You’ll now see the part payment amount listed against the transaction in the Reconcile tab.
Repeat the steps to allocate the remaining amount, or split it further, until the full bank transaction has been reconciled.
FAQs
Q: How do I enter a salary split across two bank accounts?
A: You have two options:
Split in Work Tank: Enter your salary as two income transactions (one for each account) and use ‘Find & Match’ in Bank Feeds to link each portion.
Enter as one salary: Enter a single income transaction and manually allocate the split in Bank Feeds using a custom category. The bank transactions won’t be linked to the income, but your tax summary will still be correct.