Occasionally transactions must be split to reflect processing fees or divide bulk payments into separate category amounts.
For example, Jane Smith from Lyons Den sent an invoice for $11,000 and the recipient paid it. However, they left Lyons Den with the processing fee of $178.64. Jane will use this feature to split the transaction to represent the processing fee and remaining total received of $10,821.36.
Step 1: Navigate to Accounts and select Transactions. Select the bulk transaction from the list or use Show Transaction Filters to narrow down the search.
Step 2: Select the dropdown arrow to the right of the transaction and click Split Transaction.
Step 3: A popup window appears to customize the split transaction. The default splits the transaction in two equal ways. You can use the dropdown in the upper right to split the transaction up to 12 ways or by selecting + Add More on the bottom left hand corner.
If dimensions are enabled, the popup window includes dimension drop downs, shown here:
For this example, Jane will edit this transaction to reflect the total invoice amount and a negative amount for the processing fee like this:
The total sum amount will appear on the top left hand corner to cross-check.
Step 4: Select Save to complete and populate the split amounts under Transactions.
The inDinero service team can now link the transactions to the invoices and mark as paid and resolved.