Hi!
Looking for advice to categorize transfer when I pay for stuff via cash app or venmo. I budget it and know when I do that it’s under one of those categories. But to keep it simple to transactions and budgets.
How do you recommend I do this?
Hi!
Looking for advice to categorize transfer when I pay for stuff via cash app or venmo. I budget it and know when I do that it’s under one of those categories. But to keep it simple to transactions and budgets.
How do you recommend I do this?
I have a manual account called “Cash”. If I did an ATM withdrawal, I’d mark the bank transaction as transfer, then create a matching manual deposit categorized as transfer in the Cash account. If I then bought something with cash, I’d create a manual withdrawal transaction with the category for what I spent it on. I don’t use cash very often so this isn’t much work for me, might be a bit cumbersome for those that use cash frequently.
Another option— for Venmo at least— is linking your Venmo account in the Tiller Money Console or using the Venmo CSV with the Line Item Import Tool.
I have venmo linked to my Tiller account and it updates just like everything else, doesn’t require any special treatment.
I didn’t know you could link Venmo. That’s awesome, will do that.
how about cashapp?
Got venmo connected. This will make it much easier.
Any idea why cashapp won’t connect?
I don’t use that one but if it’s not supported they probably don’t offer a suitable interface for Yodlee to scrape data from. You could enter manual transactions and update a manual account for the balance. If you use it a lot that might be a hassle, but it’d be the most accurate way.
Also a great discussion on this over here: