Transactions
Understand expenses, income, and transfers — and how to record them.
Transactions are the foundation of Simplony. Every time money moves, you record it.
Three types of transactions
Expenses are money going out — groceries, rent, a coffee, a subscription. Each expense belongs to a category (like "Dining Out" or "Transport") so you can see where your money goes.
Income is money coming in — salary, freelance payments, refunds. Income has its own categories (like "Salary" or "Freelance") and counts toward your income targets.
Transfers move money between your own accounts — for example, moving savings from your bank to a separate account. Transfers don't affect your budget or spending totals because the money is still yours; it just changed location.
Adding a transaction manually
- Go to the Transactions page.
- Fill in the amount, pick a category, choose the date, and add an optional note.
- Select the type — expense, income, or transfer.
- If you have multiple accounts, pick which one it belongs to.
- Tap Add.
Adding via the AI assistant
Open the AI panel and describe what happened:
- "Spent 12.50 on coffee at Starbucks"
- "Got paid 3000 salary"
- "Transfer 200 from bank to revolut"
The assistant fills in the details and shows a confirmation card. Review and approve.
Editing and deleting
Tap any transaction in the list to edit its fields or delete it. Changes take effect immediately.
Tips
- Be specific with notes — "Grocery run at Lidl" is more useful than "shopping" when you look back.
- Log as you go — it takes 5 seconds with the AI. Batching at the end of the week means you'll forget things.
- You don't need to categorize perfectly. Close enough is good enough.