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It sets the category based on the name of the company that it recognises. For example if I buy a tv it would recogise the name of the electronics store and put
by NZ_Matt 16y ago
It sets the category based on the name of the company that it recognises. For example if I buy a tv it would recogise the name of the electronics store and put it under the Computers and Electronics category.
It's simple to manually categorise purchases from companies that is doesn't recognise and it remembers the category the next time.
- nodata 16y agoSo for companies that sell lots of different stuff, like Walmart, the categories are wrong? i.e. it will list my Walmart TV purchase as groceries? or my amazon TV purchase as books? This seems like something that will break as companies diversify...
- NZ_Matt 16y agoYou can set the categories with the expense manually. It generally works pretty well. New Zealand doesn't really have a Walmart type company that sells TVs with your groceries.
- nodata 16y agoThe reason I ask is that a bank in the UK also does this: and you can't do anything useful with the information it produces because you can never be sure if it got the categories right. Amazon is a good example.