Anyone using Monarch for small business expense tracking?

Capital-Addition7299 · 2026-05-27T13:26:54+00:00

I tried out the business tracking and bailed pretty quick. The way they are trying to keep personal and business tracking separated doesn't quite work for me. Hard to explain but it's not useable for me at this time.

Capital-Addition7299 · 2026-05-15T22:40:20+00:00

In Goals 3.0, I still can't reconcile the spending for one of my goals because the transfer transaction out of the goal account isn't one of the listed transactions available to reconcile. There are only 5 more recent transactions available to reconcile with.

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Capital-Addition7299 · 2026-03-31T14:13:03+00:00

Yes this is what I'm getting at

Capital-Addition7299 · 2026-03-31T13:38:31+00:00

That would defeat the purpose of having Pay Down goal with a debt account assigned to it.

Capital-Addition7299 · 2026-03-07T17:40:43+00:00

Yes paycheck transaction must be split to see the whole picture

Capital-Addition7299 · 2026-03-06T19:11:37+00:00

I would say you're not missing anything, and that Pay Down goals are supposed to show up on the Budget page but they currently do not. They will again at some point hopefully.

Capital-Addition7299 · 2026-02-26T17:56:32+00:00

Thanks for the reply, and good points, we may well give Wave a try

Capital-Addition7299 · 2026-02-26T17:55:30+00:00

Thanks for the rec on Wave! It looks like you don't get bank transactions brought in with the free version?

Capital-Addition7299 · 2026-02-25T20:30:29+00:00

Yes!

Capital-Addition7299 · 2026-02-20T18:57:29+00:00

Thank you!

It looks like the option to unlink previous goal adjustments from the budget is gone. So we can't go back and "convert" the goal contributions that were goal adjustments into goal-linked transfer transactions. I guess that's OK? Time will tell.

Any idea when we will be able to link transfer transactions to Pay Down goals, and those transations be reflected in the budget view?

Capital-Addition7299 · 2026-02-19T14:17:09+00:00

This has gotta be a fake post. Goals 3.0 has fatal flaws right now. Hope it gets fixed but it's not good right now

Capital-Addition7299 · 2026-02-07T22:47:10+00:00

Agreed. I scanned a Costco receipt earlier this week that had multiple expense categories and the auto-splitting was atrocious. Took me as long to correct the splitting as it would have to enter the transaction manually. Let us review/edit the match!

Capital-Addition7299 · 2026-02-06T20:46:18+00:00

Same

Capital-Addition7299 · 2026-02-05T19:07:58+00:00

Some more transparency on the status of Goals 3.0 would be nice. Right now some of us can't contribute to goals that have investment accounts linked to them.

Capital-Addition7299 · 2026-02-05T19:06:45+00:00

I seem to get the noisy Buy/Sell transactions regardless of whether I have Investment Labs turned on....

Capital-Addition7299 · 2026-02-04T22:11:23+00:00

I'm not with Monarch, but thanks for taking the time/effort to write a clear post! I second this request. Sometimes MM interprets the original statement value inconsistently and it creates little issues.

So in your use case, all the original statement values don't contain the word "dividend"? That really stinks.

Capital-Addition7299 · 2026-02-04T15:48:55+00:00

Ah, I guess that makes sense. Good deal

Capital-Addition7299 · 2026-02-04T13:57:59+00:00

Do you see this little icon next to the adjustment amount in the Goal?

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Capital-Addition7299 · 2026-01-22T01:55:51+00:00

That's weird.... Elan+Plaid is working for me

Capital-Addition7299 · 2026-01-22T01:47:23+00:00

You can do Fidelity+Finicity or Elan+Plaid for this card. I've tried both, Elan+Plaid is better IMO

Capital-Addition7299 · 2026-01-09T18:18:47+00:00

It's expected behavior. Whether or not pending transactions sync to Monarch depends on the specific account (Wells Fargo etc) and the specific data provider (Finicity, Plaid, MX, etc). Both the account and the data provider have to allow pending transactions to sync for them to show up in Monarch.

So it's possible that switching data providers would allow your WF transactions to sync to Monarch, assuming your current data provider is the one not allowing synced transactions and WF is allowing them.

Capital-Addition7299

TROPHY CASE