So i did some further calculations and downloaded my Tide bank account csv. Everything is in order after summing the transaction amounts. It tallies up correctly with my Tide account, so i’m wondering does the expense allocation dialog box credit the account until it can find a suitable invoice?
I have many tagged transactions like the one in the image above. I dont associate each transaction with an invoice, thats far too time-consuming and as far as i understand it, not necessary as all the invoices are stored at the said suppliers website (Google, Facebook, Amazon etc). So IF the tax man were to ask me to prove the transactions then its ver easy for me to just download them at that time.
However as i have not connected each transaction with an invoice, is your system crediting the supplier but not actually debiting my account until i do? I think this is where the discrepancy lay. Please confirm. Thanks