Mark a transaction as a transfer
I want to mark internal transfers when Cake does not detect them, so my insights are more accurate.
Note: by adding all your bank accounts to Cake, we can automatically detect transfers. Adding your savings account will store the IBAN (until banks give full access to those accounts). Alternatively, you can categorise a transaction as 'regular savings', which will also exclude it from the spending/income insights.
If banks do not provide the correct data (e.g. no IBAN to detect), transfers can still show up in spending/income. As a user, I would want to correct the data of a transfer when the account information is missing.
Rob Gielen commented
This would be very helpful. I have connected 3 bank accounts in CAKE. I consolidated the money on 1 of the bank accounts when I receive money on the accounts configured in CAKE. The APP should exclude the internal bank transfers from income/outgoing calculation on the home screen (summary widget).
I transfer money to revolut every month.
Despite having both my "normal" bank and revolut account on cake, the system doesn't recognize that I am simply transferring money between my accounts.
I think then it would be good to manually set this and teach cake what it is happening every month
Will this also cover the use-case where I don't have the "target account" linked to Cake (yet)?
I think in that case, I'd have to be able to manually mark the transaction as being a "transfer between accounts".
Jeroen Nollet commented
I would like to exclude transactions to my own (registered) bank accounts in de ‘costs’ overview.
A transaction from 1 of my own accounts to another isn’t necessarily a cost.