diff --git a/shared/ui/core/src/main/java/com/ivy/ui/FormatMoneyUseCase.kt b/shared/ui/core/src/main/java/com/ivy/ui/FormatMoneyUseCase.kt
index 076b4c625a..5255a54843 100644
--- a/shared/ui/core/src/main/java/com/ivy/ui/FormatMoneyUseCase.kt
+++ b/shared/ui/core/src/main/java/com/ivy/ui/FormatMoneyUseCase.kt
@@ -7,9 +7,11 @@ import dagger.hilt.android.qualifiers.ApplicationContext
 import java.text.DecimalFormat
 import java.text.DecimalFormatSymbols
 import javax.inject.Inject
+import kotlin.math.abs
 
 const val MILLION = 1_000_000
 const val BILLION = 1_000_000_000
+const val HUNDREDOFTHOUSAND = 100000
 
 class FormatMoneyUseCase @Inject constructor(
     private val features: Features,
@@ -21,13 +23,15 @@ class FormatMoneyUseCase @Inject constructor(
     private val withoutDecimalFormatter = DecimalFormat("###,###", DecimalFormatSymbols(locale))
     private val withDecimalFormatter = DecimalFormat("###,###.00", DecimalFormatSymbols(locale))
 
-    suspend fun format(value: Double): String {
-        when (value >= MILLION) {
+    suspend fun format(value: Double, shortenAmount: Boolean): String {
+        when (abs(value) >= HUNDREDOFTHOUSAND && shortenAmount) {
             true -> {
-                val result = if (value >= BILLION) {
-                    String.format(locale, "%.2fB", value / BILLION)
+                val result = if (abs(value) >= BILLION) {
+                    String.format(locale, "%.2fb", value / BILLION)
+                } else if (abs(value) >= MILLION) {
+                    String.format(locale, "%.2fm", value / MILLION)
                 } else {
-                    String.format(locale, "%.2fM", value / MILLION)
+                    String.format(locale, "%.2fk", value / HUNDREDOFTHOUSAND)
                 }
                 return result
             }
diff --git a/shared/ui/core/src/test/java/com/ivy/ui/FormatMoneyUseCaseTest.kt b/shared/ui/core/src/test/java/com/ivy/ui/FormatMoneyUseCaseTest.kt
index 2ab16d219b..776548f345 100644
--- a/shared/ui/core/src/test/java/com/ivy/ui/FormatMoneyUseCaseTest.kt
+++ b/shared/ui/core/src/test/java/com/ivy/ui/FormatMoneyUseCaseTest.kt
@@ -23,56 +23,79 @@ class FormatMoneyUseCaseTest {
     enum class MoneyFormatterTestCase(
         val amount: Double,
         val showDecimal: Boolean,
+        val shortenAmount: Boolean,
         val locale: Locale,
         val expectedOutput: String
     ) {
         ENG_SHOW_DECIMAL(
             amount = 1000.12,
             showDecimal = true,
+            shortenAmount = false,
             locale = Locale.ENGLISH,
             expectedOutput = "1,000.12"
         ),
         ENG_HIDE_DECIMAL(
             amount = 1000.12,
             showDecimal = false,
+            shortenAmount = false,
             locale = Locale.ENGLISH,
             expectedOutput = "1,000"
         ),
         GERMAN_SHOW_DECIMAL(
             amount = 1000.12,
             showDecimal = true,
+            shortenAmount = false,
             locale = Locale.GERMAN,
             expectedOutput = "1.000,12"
         ),
         GERMAN_HIDE_DECIMAL(
             amount = 1000.12,
             showDecimal = false,
+            shortenAmount = false,
             locale = Locale.GERMAN,
             expectedOutput = "1.000"
         ),
-        ENGLISH_MILLION(
+        ENGLISH_100K_SHORT_AMT(
+            amount = 130000.10,
+            showDecimal = true,
+            shortenAmount = true,
+            locale = Locale.ENGLISH,
+            expectedOutput = "1.30k"
+        ),
+        ENGLISH_MILLION_SHORT_AMT(
             amount = 1230000.10,
             showDecimal = true,
+            shortenAmount = true,
             locale = Locale.ENGLISH,
-            expectedOutput = "1.23M"
+            expectedOutput = "1.23m"
         ),
-        ENGLISH_BILLION(
+        ENGLISH_BILLION_SHORT_AMT(
             amount = 1233000000.10,
             showDecimal = true,
+            shortenAmount = true,
             locale = Locale.ENGLISH,
-            expectedOutput = "1.23B"
+            expectedOutput = "1.23b"
+        ),
+        GERMAN_100K_SHORT_AMT(
+            amount = 130000.10,
+            showDecimal = true,
+            shortenAmount = true,
+            locale = Locale.GERMAN,
+            expectedOutput = "1,30k"
         ),
-        GERMAN_MILLION(
+        GERMAN_MILLION_SHORT_AMT(
             amount = 1230000.10,
             showDecimal = true,
+            shortenAmount = true,
             locale = Locale.GERMAN,
-            expectedOutput = "1,23M"
+            expectedOutput = "1,23m"
         ),
-        GERMAN_BILLION(
+        GERMAN_BILLION_SHORT_AMT(
             amount = 1233000000.10,
             showDecimal = true,
+            shortenAmount = true,
             locale = Locale.GERMAN,
-            expectedOutput = "1,23B"
+            expectedOutput = "1,23b"
         ),
     }
 
@@ -89,7 +112,10 @@ class FormatMoneyUseCaseTest {
         formatMoneyUseCase = FormatMoneyUseCase(features, devicePreferences, context)
 
         // when
-        val result = formatMoneyUseCase.format(value = testCase.amount)
+        val result = formatMoneyUseCase.format(
+            value = testCase.amount,
+            shortenAmount = testCase.shortenAmount
+        )
 
         // then
         result shouldBe testCase.expectedOutput