I disagree, pending transactions are often shown in the wrong category and there’s no way to change it, so it would potentially show the wrong budget balance without a way to correct it. I’m guessing that is the reason for the design being as it is.
I agree with this. Furthermore given they are not editable and they don’t contribute to analytics or budget category totals I don’t see the point of assigning an standard category to pending transactions at all.
What I’d rather see is all pending transactions grouped into a new “pending” category whilst they are pending. The total for this pending category could be shown in analytics. Wouldn’t help with category budgeting, but at least it would be a quick at-a-glance way to see the total amount currently pending. This is something currently missing from the app and would help with spending tracking against total (non-category-specific) budget.
Obviously, if there ever comes a point where pending transactions become editable, then the idea in the original post would be preferable.
Might be good to have the option to simply treat all pending transactions the same as cleared ones. This is essentially what Monzo does(did). There are probably not a lot of pending transactions that don’t complete (active card checks, car rental deposits and hotel deposits spring to mind), these could just be marked as excluded