Escrow account handled incorrectly.

My monthly mortgage payment, including the contribution to the escrow account, gets counted as an expense.  When money is withdrawn from this account to pay for taxes and insurance, it gets counted as an expense a second time, despite the deposit into the escrow account not being counted as income.  It should only count the expense once, or count the deposit into escrow as a transfer, or something.

Answer

Hello elpoojmar,

I'm sorry for any trouble caused by the way your Escrow account is impacting your data in Mint, I certainly understand how inconvenient it can be when things are being counted twice.  There are a couple of ways you can handle this:  you can use the same category in the escrow for the incoming funds as you do for the outgoing, this will cancel out the transactions (assuming the're the same amounts/totals).  

Alternatively, you can use the Hide from Budgets & Trends category to prevent the escrow payment from counting anywhere.  You could also Hide the whole account from Budgets & Trends.  I hope that helps, but please comment below if I can assist any further.

Regards,
Jesse :man:

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Mint Jesse , Community Manager

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