Split transactions in Kontolink allow you to distribute a single bank transaction across multiple accounts/categories. This is essential when one payment covers several expenses or different VAT rates.
Guide:
1. Open Kontolink
Log in and locate the bank transaction you wish to allocate to multiple accounts.
2. Find the relevant transaction
When you have identified the transaction in the bank feed, click the “Split” button. This opens the split entry window.
3. Enter Transaction Details
In the split window, you can now define the distribution:
Select Category: Choose the correct account from the Chart of Accounts for the first part of the transaction.
Amount: Enter the amount for this specific line.
Add Line: Click this to add additional rows until the entire transaction is allocated.
5. Save and Approve: Once you have entered all the information and the individual line amounts sum up correctly to match the original bank transaction, click “Approve” to confirm the split transaction.
6. Synchronization to your Accounting System Following the split, Kontolink will automatically synchronize these entries to your accounting system (e.g., e-conomic, Dinero). Verify that all lines have been correctly transferred to the general ledger.
Tips:
Automation: If you have many recurring split transactions, consider setting up fixed rules in your accounting system to automate the process.
Balancing: Remember that all split transactions must still balance exactly with the total amount of the original bank transaction.
