How Spend totals treat refunds and transfers

The two totals

The big figure on Spend has two modes, chosen with Out-of-pocket or All spending. It opens on Out-of-pocket.

• Out-of-pocket is money that left your checking and savings accounts. Purchases on credit cards are not in it. The line under the figure shows what was charged to cards and paid back from your bank.
• All spending adds purchases on your credit cards. Its line reads "Includes purchases on credit cards".

Refunds

A refund is a positive amount in a spending category. How it counts depends on the mode.

• All spending nets refunds within each category. For example, a $40 refund in a category with $120 of charges leaves $80. If a category's refunds are larger than its charges, it shows as a credit. It drops out of the bar chart, but it still lowers the total.
• Out-of-pocket does not net refunds. A refund is not counted as spending, and it does not reduce the figure.

To net a refund in All spending, give it the same category as the purchase it reverses. A refund in an Income or transfer category is not counted as spending in either mode.

Transfers and card payments

Money you move between your own accounts is not spending. The Spend page leaves out transfers. That includes a transfer paired with its matching transaction on another account, and anything in a Transfer (internal) or Transfer (external) category.

A payment from your bank to a credit card is also a transfer, so it is not counted. The purchases on the card are counted in All spending. The card payments appear as their own total, shown under Out-of-pocket.

Pending charges

Charges that are still pending count in the totals. A pending charge that your bank has not updated for 14 days is left out until the bank sends it again.

Reading the page

The WHERE YOUR MONEY WENT panel at the top shows income, out-of-pocket spending and card payments for the same period. Its totals can differ slightly from the figures below. The panel explains that this happens when a transaction posts on one side of the period edge and settles later.

Choose the period with 30d, 60d, 90d, 6mo or 1yr. Use the account list, which starts on All accounts, to look at one account. Group the breakdown by Category or Payee. The averages, AVG / MONTH and AVG / DAY, use the total you are looking at.