Overview

Simplifi's Recurring Transactions feature makes organizing all your bills and subscriptions a piece of cake! Recurring Transactions are your expected bills and income; when you connect your banks for the first time, Simplifi quickly analyzes your transactions and compiles a list of your bills and income, along with the frequency of each one.

Recurring Transactions give Simplifi the ability to predict your future balance and can take place weekly, bi-weekly, monthly, or quarterly, so you can stay on top of your bills and have enough left over for the things you enjoy!

How does it work?

As you download transactions, Simplifi searches for matches to your Recurring and is designed to match transactions within a certain variance. You can see any Recurring reminder that has yet to be matched in the Upcoming view at the top of your account registers or on the Upcoming page.

While we've worked hard to ensure Simplifi's matching capabilities are top-notch, there may be times Simplifi doesn't match correctly. If you find a transaction downloaded, but the matching Recurring reminder still shows "Past," you'll need to manually match your transaction:

  1. Click the three dots at the top right corner of the Past reminder.
  2. Select Link to Transaction
  3. Select the matching transaction and click Link to confirm.

Simplifi will remove the Recurring reminder from the Upcoming view and match it to the downloaded transaction. Linking transactions also increases the odds that it will match correctly next time.

Managing all your Recurring Transactions

To access all your Recurring Transactions, rather than just one reminder, hover over the left side panel and select Settings, then click Recurring. If you only want to see the next 30 days of Recurring Transactions, you can do so through the Upcoming page.

Create a Recurring Transaction:

Do you have a Recurring Transaction that Simplifi didn’t find? No problem! You can create one right through the Recurring tab:

  1. Hover over the menu and click Settings.
  2. Select Recurring.
  3. Click the + Add button.
  4. Select the transaction you wish to make Recurring.
  5. Click Create.

If you're unable to locate the Recurring Transaction, click Add Manually. Be sure to complete all required fields and click Create to save the Recurring Transaction.

You can also create Recurring Transactions through the Transaction View:

  1. Hover over the menu and click Transactions.
  2. Locate the transaction you wish to make Recurring.
  3. Click the drop-down arrow next to the dollar amount.
  4. Toggle the Is recurring switch on.
  5. Select New Recurring.
  6. Ensure the pre-filled data is correct or make any needed changes.
  7. Click Create to save.

When going through the transaction view to create a Recurring, you'll be given several different options:

  • One Time – Marking a transaction as One Time doesn’t create a Recurring Transaction, but it does ensure this transaction is included in the Bills and Subscription totals on the Spending Plan.
  • New Recurring – Simplifi will create a monthly recurring transaction for the same payee, date, and amount of the transaction. You'll be given the opportunity to make adjustments before saving.
  • Assign to Existing –This option is useful when a downloaded transaction didn’t properly match to a Recurring Transaction. Selecting this option and matching the transaction to the existing Recurring Transaction will increase the odds that it will match correctly next time.

Edit a Recurring Transaction

You can edit a specific instance of a Recurring Transaction through the Upcoming view at the top of your register.

  1. Hover over the menu and click Transactions.
  2. Locate the specific instance you'd like to edit.
  3. Click the three dots at the top right corner.
  4. Select Edit Reminder.
  5. In the Edit Reminder view, make the needed changes.
  6. Click Update to save changes.

If you need to make edits to an entire series, you can do so through the Recurring tab:

  1. Hover over the menu and click Settings.
  2. Select Recurring.
  3. Select the Recurring Transaction you’d like to edit.
  4. In the Edit Recurrence view, make the necessary changes.
  5. Click Update to save your changes.

Delete a Recurring Transaction

You can delete a specific Recurring reminder through the Upcoming page or by locating the reminder in the Transaction View:

  1. Hover over the menu and click Transactions.
  2. Locate the reminder you'd like to delete.
  3. Click the three dots at the top right corner.
  4. Select Delete Reminder.
  5. Click Delete again to save your changes.

If you need to delete an entire series, you'll need to do so through the Recurring tab.

  1. Hover over the menu and click Settings.
  2. Select Recurring.
  3. Locate the Recurring Transaction you’d like to Delete.
  4. In the Edit Recurrence screen, select the Trash Can icon at the bottom left.

Over time, Simplifi will learn more and more about your Recurring Transactions, meaning less work for you in the future.

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