How to Split Transactions in Slash Accounting

Overview

Sometimes a single purchase covers multiple expense types, departments, or projects. For example, a department store order might include office supplies for one team and equipment for another. Rather than assigning the whole transaction to a single account, you can split it across multiple accounts or dimensions in your accounting software.

Slash's built-in transaction splitting lets you break a single transaction into multiple line items, each with its own account, dimensions, and amount. When synced, your accounting software receives the detailed breakdown instead of a single lump entry.

How to Split a Transaction

Step 1: Open the Accounting Dashboard

From your Slash dashboard, click Accounting in the left sidebar and navigate to the 'In Review' tab.

Step 2: Select Split Transaction

Locate the card transaction you want to split. Click the three-dot menu (...) on the right-hand side of the transaction and select "Split transaction."

Step 3: Configure Each Split Line

In the Split Transaction modal, fill in the details for each portion of the split:

• Account: Select the GL account for this portion.
• Amount: Enter the dollar amount for this split line.
• Dimensions: Optionally assign a vendor, class, customer, department, location, project, or subsidiary. The available fields depend on your connected accounting platform.

Click the add button to create additional split lines. Continue adding lines until the total of all splits equals the original transaction amount.

Step 4: Finalize the Split

Click Split to finalize. If the split amounts don't add up to the original transaction total, Slash will prevent you from saving.

What Happens After Splitting

Once a transaction is split, each line item appears as a separate entry when synced to your accounting software (QuickBooks Online, Xero, or Sage Intacct). The original transaction amount remains unchanged; it's simply broken down into the individual components you defined.

Split transactions are still reviewed and approved through the normal accounting workflow. After splitting, the transaction stays in the 'In Review' tab until you mark it as 'Ready to Sync.'

When to Use Transaction Splitting

• A single purchase includes items for multiple departments (e.g., office supplies for Operations and Marketing).
• One invoice covers multiple expense categories (e.g., software licenses and professional services from the same vendor).
• A transaction needs to be allocated across different projects or cost centers for internal reporting.

Need More Help?

For questions about splitting or accounting workflows, contact Slash support by emailing support@slash.com, or use the in-app chat in your Slash dashboard.