Transaction Categorization

What it is

Transaction Categorization helps you organize your transactions into meaningful categories, making it easier to understand where your money goes and identify spending patterns.

Why it matters

Without categorization, your transaction list is just a long list of purchases. By categorizing transactions, you can see spending patterns, identify areas for improvement, and make better financial decisions.

How it works

1. Automatic Categorization: Transactions are automatically assigned to categories based on:

   • Merchant information
   • Transaction descriptions
   • Common patterns

2. Manual Adjustment: Easily change any transaction's category with a single click.

3. Custom Categories: Create your own categories to match your spending habits.

4. Bulk Actions: Categorize multiple transactions at once for efficiency.

5. Category Insights: See spending breakdowns by category with visual charts and summaries.

User benefit

This helps you understand your spending habits, identify areas where you can save money, and make more informed financial decisions.

Available Categories

• Food & Dining
• Shopping
• Transportation
• Bills & Utilities
• Entertainment
• Healthcare
• Education
• Travel
• Personal Care
• And many more...