diff --git a/packages/loot-core/src/server/accounts/rules.test.ts b/packages/loot-core/src/server/accounts/rules.test.ts
index c0d191e42fb..859d7ab7e71 100644
--- a/packages/loot-core/src/server/accounts/rules.test.ts
+++ b/packages/loot-core/src/server/accounts/rules.test.ts
@@ -397,6 +397,17 @@ describe('Action', () => {
       testHelper('{{year "2002-07-25"}}', '2002');
       testHelper('{{format "2002-07-25" "MM yyyy d"}}', '07 2002 25');
     });
+
+    test('{{debug}} should log the item', () => {
+      const action = new Action('set', 'notes', '', {
+        template: '{{debug notes}}',
+      });
+      const item = { notes: 'Sarah' };
+      const spy = jest.spyOn(console, 'log').mockImplementation();
+      action.exec(item);
+      expect(spy).toHaveBeenCalledWith('Sarah');
+      spy.mockRestore();
+    });
   });
 });
 
diff --git a/packages/loot-core/src/server/accounts/rules.ts b/packages/loot-core/src/server/accounts/rules.ts
index 0be4b81513a..ef6c78decab 100644
--- a/packages/loot-core/src/server/accounts/rules.ts
+++ b/packages/loot-core/src/server/accounts/rules.ts
@@ -75,6 +75,9 @@ function registerHandlebarsHelpers() {
     month: (date: string) => format(date, 'M'),
     year: (date: string) => format(date, 'yyyy'),
     format: (date: string, f: string) => format(date, f),
+    debug: (value: unknown) => {
+      console.log(value);
+    },
   };
 
   for (const [name, fn] of Object.entries(helpers)) {