How do I split a bank transaction across accounts in Kontuly?
In Kontuly's Banking screen, click Split on an unassigned transaction, give each line an account, tax rate and amount including GST, and click Split when the status says Fully allocated. Use it whenever one bank line covers more than one thing.
- Click Split on the unassigned transaction. The first line starts with the whole amount.
- Fill in each line. Choose an Account, add an optional Description, check the Tax rate (it starts at the account's default) and enter the Amount (incl.): that line's share of the bank amount, including GST. The GST in each line shows underneath.
- Click Add line for more lines. Remove one with its ×; a split always needs at least two lines.
- Watch the status. It shows N left to allocate or N over. Fill remainder puts whatever is left on the last empty line.
- Click Split when it says Fully allocated.
The row then shows Split · N accounts; click it to see the lines.
A part-private purchase
Code the private share to Owner's Drawings with No GST, and the business share to the right expense account with its GST rate. You then claim GST only on the business share. How much is private is your call; check with your accountant if you're unsure.
What are the rules?
- The lines must add up to the bank amount exactly.
- Every line needs an account and an amount greater than zero.
- Bank accounts, Accounts Receivable and Accounts Payable can't be used on a split line. Use a transfer, or match the line to an invoice or bill instead.
How do I change a split?
Click Unassign (reverse) on the row, then split it again. Kontuly reverses the original entry rather than editing it, so both stay in your journals. See How do I fix a bank transaction coded to the wrong account?
Related questions
- How do I code bank transactions in Kontuly?Code each bank line in Kontuly's Banking screen by choosing an account in its Assign to column. GST is split out for you, and you can code many lines at once.
- How does Kontuly work out GST on a bank transaction?Kontuly treats bank amounts as including GST and splits the tax out at the account's rate, or a rate you choose, when you code the line.
- How do I fix a wrongly coded bank transaction in Kontuly?Click Unassign (reverse) on the bank line in Kontuly's Banking screen, then code it again with the right account or GST rate. Here's what to do if it's locked.
More about banking and reconciliation
- Does Kontuly connect to my bank with bank feeds?Kontuly has no bank feeds. You import CSV or PDF statements from your internet banking, so your banking login never leaves your hands.
- How do I import a bank statement CSV into Kontuly?Download a CSV statement from your internet banking, choose the account in Kontuly's Banking screen, click CSV and check the columns before importing.
- How do I add a credit card or another bank account in Kontuly?Add a bank account, credit card, PayPal balance or petty cash tin in Kontuly by ticking "This is a bank / cash account" on an account in the Chart of Accounts.
- Can Kontuly import a PDF bank statement?Kontuly can read transactions out of a PDF bank statement, then shows every row for you to check before importing. CSV is still more reliable.
- How do I match a bank payment to an invoice or bill in Kontuly?Match money in to a customer's invoice, or money out to a supplier's bill, on Kontuly's Banking screen, including one payment covering several invoices.