To save you manually allocating categories to every transaction, Home Credit Card Manager provides you with a Category Auto-Matching tool.
Note: The Auto Match option will remain disabled until the account contains at least one statement.
The category auto-matching tool tries to match categories to transactions automatically, and once tuned to your needs it will do most of the matching for you.
The tool uses two main techniques, which are covered in more detail below:
Some transactions come up month after month on your credit card statements. For example, if your internet provider is ABC Internet Provider and you pay them on a monthly basis, you would see a transaction similar to "ABC Internet Provider, Inc" on your statement each month.
The first month you load your statement into Home Credit Card Manager you would manually assign it to an appropriate category (for example "HOME - Computer").
When running the auto-matching tool in subsequent months, it will recognise that the category "HOME - Computer" should be assigned to all "ABC Internet Provider, Inc" transactions and automatically match them for you.
Often a word in a transaction description can make it a good candidate to be placed in a category.
For example, you may decide that any transaction description containing the word "restaurant" should be assigned the category "HOME - Eating Out".
This type of matching can be easily achieved through the Category Wildcard Patterns.
For example, from above, you could set up the wildcard "contains restaurant" for the category "HOME - Eating Out". In addition, you could add a second wildcard "contains cafe".
When you run the auto-matching tool, any transaction containing "restaurant" or "cafe" would automatically have the category "HOME - Eating Out" assigned to it
From the Category menu choose Category Maintenance to set up and maintain Category Wildcard Patterns.
The auto-matching tool has been designed to assign categories to transactions only if they have not already been matched.
This will prevent it trying to change any categories that you have manually assigned or previously auto-matched.