One transaction, split correctly.
Split transactions in SwiftBooks Pro let you divide a single bank payment or receipt across multiple categories, projects or VAT rates, so mixed transactions are recorded accurately instead of being forced onto one line.
Record mixed transactions properly.
Allocate one payment exactly where it belongs.
Split a transaction
Divide one payment or receipt across several nominal accounts.
Multiple categories
Allocate portions to different categories or projects.
Per-line VAT
Apply the correct VAT rate to each part of the split.
Accuracy on mixed payments.
Accurate books
Record mixed purchases exactly as they happened.
Handle mixed VAT
Different VAT rates on a single receipt are no problem.
Clean reporting
Properly split costs make your reports meaningful.
Common questions
What is a split transaction?
It is a single bank transaction divided across more than one category, project or VAT rate so it's recorded accurately.
Why would I split a transaction?
Because real payments often cover several things at once — splitting records each part against the right account.
Can each split line have its own VAT?
Yes. You can apply the correct VAT treatment to each portion of the split.
Can I split a transaction across projects?
Yes. Portions of a transaction can be allocated to different projects as well as categories.
Mixed transactions, recorded right.
Forcing a mixed payment onto one line distorts your books. SwiftBooks Pro lets you split it across the right categories and VAT rates.