Hello,
I’d like to suggest an improvement for handling credit card transactions.
Even if I enter the spending date when recording a transaction, the expense should actually appear as a debt on the next statement date based on the card’s billing cycle. Once the statement (cut-off) date is defined for each credit card, this should happen automatically.
For example, if the statement date is the 20th of the month, a transaction entered on the 12th should reduce the account balance starting from the 20th.
Additionally, when transferring money from a credit card to a cash account (cash advance), the amount should be added to the cash account immediately, but the credit card balance should decrease (go negative) on the statement date.
It would also be helpful if credit cards could be tracked based on their available limit.
Thank you!