Support of tags?
There are transactions that happen every so often. An example of this would be Education expenses. Currently this might come out of several categories (Splurge, Education Books, Education Fees, Savings, etc). It would be great if transactions could support "Tags". This way I could choose to add tags to items I need to track later. I think this type of feature could really expand on the capabilities and be really useful.
- Tax Time Scenarios
- Provide granularity when multiple aspects dip into same category (Splurge Fund, Savings, etc)
Has anyone suggested this? Is this a black hole request? Thanks
Here is a made up example: We go on vacation and my daughter buys something as a souvenir that actually is going to be used for school and qualifies as a tax deduction. The funds will be removed from the Vacation Fund but later I want to be able to group this into Education expenses for tax purposes. A tag would allow a report later to be run which shows me all of the items tagged.
That memo field seems too big of a catch all. Does "# and @" have special meaning in that field?
They don't have special meaning per se. Because the memo field is a catch all, it just creates a bit more separation. I mainly use the hashtags for vacations. I have a general vacation category so I want to know if expenditures are for #PuertoRico2018 or #Paris2018. I know some people will do something like #MyrtleBeach2019 @SonsName to indicate that while in Myrtle Beach, they bought something for their kid. While I think that it is ridiculous that they want me to put my check numbers in the memo field, this type of information is exactly for the Memo field in my opinion.
Patzer jenmas I was not aware of the "in Memo Field" aspect. That is nice and will start using that more often. I just wish there was a more formalized use of tags so that when I hit #/@ it would popup the tags I have created. No different than how they are in these forums. If I spell them wrong then I will lose them later.
I now understand that this can "kindof" be done. Just wish there was more substance to tags.
I understand what you are asking for and how you would use it, but I think it would be better to use the YNAB method to manage an expense like this.
If it is an Education expense, then just categorize it as Education. When it shows up in the budget, move the money from Vacation to Education. If you leave the spending in the Vacation category, then it makes you Vacation spending look higher and you Education spending look lower that what you actually spent. That may or may not matter to you.
For me, I always base my budget on my average spending. For that to be accurate, I always enter transactions as truth. If it belongs in a category, I put it in the correct category. If it happens on a certain day, I enter it on that day. If I don't have a good category for it, I add one. I then move the money around the budget to make it work.
I don't see any advantage to leaving an Education expense categorized as a Vacation expense. Maybe I'm missing something.
I submitted the following to the Feature Request link the other day. As far as I can tell, there is no transparency into the Feature Request process. I'm submitting my request here for transparency to the community. Per the, "No duplicate threads," rule I'm posting this as a reply to a similar thread. I'd love to hear other forum user's comments and thoughts.
It would be amazing if there was a simple way to budget at a less granular level, and attribute costs at a more granular level. Some examples are:
- The ability to budget one lump sum for entertainment, but attribute that to lower grain values such as movies, golfing, ball games, etc.
- The ability to budget one number for car maintenance, but get reports on individual vehicles.
One I've simulated this is to budget a number for "Amusement". When I pay for Movies, Music, or Books (Categories I don't budget for), I cover overspending in the in these categories from the Amusement budget. There are two problems with this workaround. First, I end up with an Amusement category that complains that it doesn't meet the monthly goal. I'd rather everything be green so I don't have to mentally compensate for that when scanning the colors in the Budget page. Second, I have a manual task of "Covering Overspending".
I can think of two ways to address this problem. First, you could add subcategories that we could allocate expenses to. There would be no need to budget at the subcategory grain, it would just be nice to be able to break out my reporting at a more granular level.
Second, and my preference, is that I could tag transactions. It would be amazing if I could select from a set of already used tags. If you can expose these tags in the reporting, that would allow me to see how much money I'm spending on my Odyssey vs my Tacoma. I really don't care to budget at that grain.
This tagging solution has the added value of being able to track cost for a project or something else that I don't want to budget for. For example I may budget for "Home Maintenance". If I build a shed in my backyard, I could tag all transactions #shed or #shed_project_2019. This would allow me easily identify the total cost of the shed project but still attribute the costs to "Home Maintenance". Another example would be #hawaii_vacation_2019. This could go across categories like Hotel, Rental Car, Gas, Eating Out, etc. It is quite common that I would like to go lookup how much a particular project was or the total cost of a vacation.
If you were to add this tagging functionality, it would be ideal if you could recommend previously used tags when doing the entry (much like populate a dropdown of possible categories as you are typing). Though I can't think of a use case for it off the top of my head, it seems reasonable to
A quick search on the forum shows that there is a huge demand for this. Two threads worth looking at are:
There are clearly people who are using a variety of work arounds. The most popular being adding #tag in the memo field. Also, people use flags or the toolkit.
I'd be happy to discuss this further with a product owner if someone is interested.
another scenario for the benefit of tags: your childs birthday party. $300 in groceries, $200 in entertainment, $200 in gifts, $100 in travel. You want to keep the transactions in their respective envelopes. But you also want to see how much you spent on the party. I see how the #childs4thParty in the memo field could be used, but agree with other posters in that a specific tagging feature would be very helpful.
Came here in search for a solution to the same use case. Currently trying to move over from Spendee, and the thing I miss the most is labels. I use them as a sort of subcategory or time-bound budget. Typical examples being individual trips, events, or projects I want to report on but not see in my budgets list after they've closed.
I will continue to use hashtags, but given that there is not auto-complete or lookup table for those, I expect this to quickly become very laborious.
+1 request for this very needed feature. PLEASE!
The #tag workaround option is ok ,but you would not be able to do it in bulk. If this feature was implemented to my preference, it would have the ability to add a tag to a GROUP of transactions at once.
Example: I am working on a documentary called Azadi. I have incurred multiple expenses during production but each expense needs to stay in a certain budget category for ease in taxes at the end of the year (e.g. contract labor, transportation, screening fees, etc). However, I also need to know what the entire film is costing for my own records. The only way to do it now is to manually select each item to see the total or to add a #tag manually to each note - one at a time (painful!). Would love to be able to multi-select items and add #azadi to the group so that I could easy sort by that tag.
I'd definitely appreciate this feature, especially if it can be incorporated into reports.
Being able to cross-link categories can be very insightful. For example, in my budget transportation costs are spread across a multitude of categories e.g. if I get a bus or a cab on a night out it goes into the 'nights out' category, getting a train to football is deducted from 'sports & fitness', etc. The true cost of transportation is hidden but breaking it out into its own category would adversely skew the other categories. I have a similar issue with food and drink.
Tagging in the memo field is viable but doesn't really cut the mustard as others have pointed out (time consuming, etc)
Nicole , Faness , I believe there is some good content and discussion in regards to this topic. As Superbone mentioned, this doesn't mean it is more or less important than other topics, but it would be nice to understand how YNAB views this topic/feature request. Would it be possible to have a product manager respond to this thread to give some feedback regarding their thoughts? I, and I suspect others, would be very happy to dialog on the topic to help work through the detail of what this might look like. If not, I'd love to have someone reach out to me directly.
One reason I would prefer something like Quicken's tag feature is that they are orthogonal to categories. So, for example, I would really like to be able to tag all of my transactions as:
I still want to track how much I am spending on Dinner and Transportation, but they have different meanings depending on the tag I use. For example, the Business ones really do not affect my budgeting constraints, but it would be nice to see how much I spend on Lunch versus Dinner across the entire month.
To be truly useful, reporting and searches would have to allow for tags to be included in queries.
As a former Quicken and Mint user, I would very much like to see customized Tags in YNAB. The most obvious use I find is to tag expenses based on the family member who used the resources. For example, rather than creating a separate Clothing category for each member of my household, I'd like to just have one category. That said, I'd like to "tag" clothing purchases with the name of the household member so I could produce more detailed Reports that would allow me to examine all spending during a period for a particular household member (e.g., #Dr Jay versus #Mrs Jay).
If the various flags exist already, it seems like a simple task of expanding that functionality to include more/unlimited and customized "flags" that could be sorted on and used in Reports.
I'll try to find the link for recommending new features and deposit my two cents that way.
+1 I support this idea.
Flags, but any number, any color (if any), and any name. Displaying these on the phone could be an issue, maybe only show a small icon which in turn lists the tags? Ala the current flag mechanic, but with a popup of sorts. Search already features flags, so the related tags also need presence. Context search for tags when typing.
An interface on the web app to manage tags same way as payees? Hide, maybe auto rename?
Yeah, I am using the #TAG for alot now. I just get mad because it doesn't auto populate so if spelling is off it gets lost. I use it for
- Fam member it was used for (clothing, splurge_category, etc)
- Vehicle it was for (Gas, Maintenance, etc)
- Tax related (school supplies, work non reimbursed, etc)
- Event Name (vacations: #summer2020, #xmas2020, #aspen2020, #xpresents2020, etc)
- Check number #ckNUMBER
- Zelle/Venmo association (#SistersName, etc) <- i prefer grouping Zelle as Zelle and Venmo as Venmo instead of the persons name as I don't want my payee list cluttered with names I may never reference again. Would rather TAGS for that
I just wish I could TAG search with AND, OR, etc to really improve on the searching capabilities.