What to do with a one time huge transaction like downpayment so that it doesn’t skew normal monthly spending analytics?
I’m a premium member
Hi @Ericntd you can choose to exclude the payment. I tend to do that if it’s unusual spend or income for me.
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@Ericntd - I should have actually showed you, apologies.
Open the transaction itself and use the exclude toggle as shown below 
Thanks @jase , I’m very familiar with the “excluded” function so no worries
It’s perfect for duplicates like credit card payment but not this requirement
Nevertheless, I will use the “excluded” workaround for now
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Hi rebekah, I’d suggest a separate “category” called “One-offs” or sth
It may or may stay a separate UI segment compared to the current “Categories”, up for discussion
In other words, the current “Excluded” is a helper for the Budgeting features which tracks monthly expenses so it doesn’t work for a one in a life time kinda payments IMO
If you really want to spread it over eg a few months, you can exclude the original transaction, then create a manual account and create eg 3 transactions, one each for the first day of the next 3 months. It’s a bit time-consuming, but it should work
Thanks for the suggestion @Gaoler but that’s a lot of work for very little benefit
My downpayment in this case is 10% but it could vary from 5% to 20% for everyone
My mortgage duration is. 25 years which is very common
So this downpayment will be roughly spread over 300 = 25*12 months
(We still haven’t account for interest)
So spreading it over a couple of months is far from accurate
Of course, if I waited 25 years sure the monthly spendings and budgeting stats will make sense without us making any changes
Ideally, I don’t want my monthly spendings stats to mess up
Oh, sorry, I wasn’t concentrating and thought you meant a rental deposit/upfront rent payment! Lockdown is getting to me…
I would exclude the transaction and add your equity in the property under Accurate Net Worth > Real Estate (sic) instead
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Thanks everyone, I found the perfect solution.
I put the downpayment in “investment”.
Since I withdrawed a similar amount money from stock exchange to make that payment, everything balanced out! (In “investment” category)
So happy 
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