Transactions
Categorize, split, spread and review your transactions.
By Emily1 author7 articles
- Categorizing & reviewing transactionsCategorize the transactions marked Waiting for your input, change any category, and mark personal spending, so your reports show how your business really spends.
- Choosing the correct transaction categoryFind the right category for any transaction, by keyword, and see where each one lands on your P&L or Balance Sheet.
- Unmatched payouts and transfersFix payouts and transfers Finaloop couldn't match between your accounts and apps (Anomaly Detector), so money moving between your own accounts isn't counted as income or expenses.
- Reporting transactionsLearn how to add business transactions that happened outside of your bank or credit card accounts, for example, in personal accounts
- Recording accrued and prepaid expensesMove a Finaloop expense to the date you used it, or spread it across days or months, so your P&L shows when costs really happened (accrual basis only).
- Recording tariff refunds in FinaloopRecord a tariff or duty refund so your cost of goods sold (COGS), inventory value and margins stay accurate, whether you record product costs when you buy (Purchase based), when…
- Why don't Shopify bills show a line-item breakdown?Split a Shopify charge to put fees, shipping labels and apps on separate P&L lines, since Finaloop records each Shopify bill as one total under Software & subscriptions.