What are rules?

The Rules engine has been created with the purpose of helping you to categorize your expenses in an easier way. Imagine that you import your bank transactions into the system, and want to easily apply certain categories to it.

One example for that would be: Every transaction imported from Tesco or Lidl or Aldi, I want to categorize that to the Groceries budget.

Rule Types

There are two types of rules on this system: Simple and Advanced.

Simple Rule

The simple rule, as the name suggests, simply look at two fields of your your transaction and apply the needed categorization. Let us explain the fields from the form.

• Rule Name
  • That will be the name of your rule. Just make it something meaningful to you.
• Budget
  • That is the budget to be used to categorize your transactions. Make sure to have a budget created before you can create a rule.
• Payee Contains
  • That is the information to whom you have paid to or received something from someone.
• Description Contains
  • If your bank provides any description on your transaction, you can use that to make it more customizable. Otherwise, you can simply repeat the value from the payee in the same field.
• Priority
  • The priority field, is what we use to understand which rules should be executed first in the list. The lower the priority, the quicker the rule will be executed.
• Lookback Period (days)
  • This is the number of days in the past, the rule will find transactions to categorize.

Once you have provided all these information, just click on Create Rule.

Advanced Rule

The advanced rule allows you to create more advanced structures to categorize your expenses. It uses JSON language to create more dynamic rules. It is important to highlight that Advanced Rules are only available in our premium offering. Let us explain the fields from the form.