Categorize
Telling a bank transaction which ledger account it belongs to. Alison does most of it; you confirm the uncertain ones.
In Solo Superstars
Imports run bank rules first, then Alison’s suggestions. High-confidence lines are categorized and posted; the rest wait in Bank review. Every correction you make teaches her for next time.
Example
An unknown $212 charge waits in review; you pick 6330 Software Expense and the entry posts.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- classify
- code
- assign a category
Related
- Ledger account — One row in the chart of accounts, such as Bank Charges. Not to be confused with a bank account, which is a real place money lives.
- Review queue — Bank transactions Alison was not confident enough to categorize on her own, waiting for your call.
- Bank rule — "If the payee or descriptor looks like this, book it here." Rules run on every import; Alison proposes new ones from your corrections.
- Auto-match — Alison pairing an imported bank transaction with the invoice payment, bill, transfer or payout it belongs to, by amount, date and payee.
- Split transaction — One bank line booked to more than one account, like a store run that was part supplies, part meals.