Is it possible to copy a set of splits, or move it, to another transaction?

Grapeful

I entered a set of splits under a reconciled and cleared transaction. I would like to move that set to an uncleared transaction that has not yet been reconciled.

Rocket J Squirrel

You can only copy and paste the original split transaction, then edit it as needed. If this will recur over time, you should probably create a Reminder for it.

volvogirl

What kind of transaction did you split? You can't apply it or copy it to an existing transaction. You would have to copy it to a new transaction and edit it then delete the prior uncleared transaction. If you are asking about splitting a credit card payment post back. There is a better way .

Grapeful

My description of my problem above is incorrect. Here's what I did. I posted credit card charges as splits into an uncleared January entry. Those charges were from a November statement, payment for which had already been cleared. I have not found a way to move the entries in the January uncleared entry to the November cleared entry. Any ideas other than reentering the splits into the correct cleared payment?

I am interested to hear volvogirl's better way for splitting a credit card payment.

volvogirl

Sorry you would have to manually edit the existing Nov transaction to change it. But you should not be splitting out the credit card payment.

Just in case you are entering your credit card bills the wrong way…..
The proper way is to set up a credit card ACCOUNT and enter the charges into it when the purchase is made and assigning it to a category. Then when you pay the credit card bill you TRANSFER the payment from your checking account to the credit card account (not a category). Then if or when you download the payment from the bank you match it to the one you already entered.

When you enter the payment in your checking account you put the credit card account name in for the category using square brackets around the name to indicate it is a transfer...like this… [credit card] or newer Mac versions have a separate Transfer column.

I used to do it the wrong way for years! Then I wised up and now enter them properly. I would split my credit card payment into all the categories on one transaction in my checking account. And since I always pay more than the bill I would need to figure the difference and put it to another category. But then I needed to have them entered on the date the charges actually happened, especially at year end for taxes. So I finally set up a credit card account. It makes it much easier to enter and balance!

Here's a list of some other reasons why you should do it this way…..
You don't have to wait to make the payment and split it out
You won't run out of split lines (In older versions there's only 30 lines)
You can use both the payee and memo fields for more description
You don't have to figure out the difference if you pay a different amount
Then your Credit Card Account will exactly match your statement
Charges get entered with the right date (better at year end for taxes)
You can enter all charges to date, not just what's on the bill - then you can see what you still owe
You won't forget what a charge was for if you enter it right away from the receipt

Grapeful

Many thanks! I considered creating a credit card account, though was not sure what it would get me. You clarified a lot, so I'll set one up. No way around reentry this time.

volvogirl

Yes start the credit card account at Jan 1 or probably after the last cc statement closed.