Need help with how to categorize my rent payment

Diane B

Hi! My monthly rent is $4000.00. I split it with my boyfriend. I pay the rent via Zelle - and then he pays me $2000.00. (his bank does not allow zelle payments at this time) But it looks like my rental expense is $4000.00 a month when I look at my reports, when it's really only half that. How do I fix this? Thank you!!

Jon

When he pays you his half you should assign that transaction the same category as the rent payment. So you'll have two rent transactions each month - a $4000 payment and a $2000 income, leaving you with a net expense of $2000 in that category.

Jon

When he pays you his half you should assign that transaction the same category as the rent payment. So you'll have two rent transactions each month - a $4000 payment and a $2000 income, leaving you with a net expense of $2000 in that category.