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Split Transaction and Cash Back

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brooklynsenior
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Split Transaction and Cash Back

Wed Mar 10, 2021 8:13 am
I purchase groceries and get cash back on my debit card. How do I enter the split so the cash back part goes into my cash account. I can do this with GNUCASH but can't get it to work with KMYMONEY
Thank you.

Last edited by brooklynsenior on Mon Mar 15, 2021 6:54 am, edited 1 time in total.
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ipwizard
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The cash back is an income. When you create the transaction, enter the net-value as amount. Then start the split transaction editor and enter a first split with your expenses and a second with the cash back income. Use a negative value for income at that point.


ipwizard, proud to be a member of the KMyMoney forum since its beginning. :-D
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wgschaub
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Re: Split Tranaction and Cash Back

Thu Mar 11, 2021 10:32 pm
I use an asset cash account - e.g., "Cash - Warren" and when splitting the transaction I would enter, for example:

$100.00 in the (total) Amount on the Transaction and on the split editing window:

Category
Food: Groceries $80.00
Cash - Warren $20.00
brooklynsenior
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Re: Split Transaction and Cash Back

Wed Mar 24, 2021 8:54 am
Thank you. !
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ipwizard
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Re: Split Transaction and Cash Back

Wed Mar 24, 2021 12:16 pm
Sorry brooklynsenior: wgschaub is right. I would do it the same way. Mixed up the terms cash back and rebate in your request and based my first answer on it. My English skills seem to vanish slowly, I guess :D


ipwizard, proud to be a member of the KMyMoney forum since its beginning. :-D
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