Categories
Categories
Categories
See where your money is going to and where it’s coming from by categorising your transactions.
An introduction to categories in PocketSmith
Categories are used in PocketSmith to separate your income and expenses into meaningful areas and accurately reflect your earning and spending.
PocketSmith's default category structure
Check this guide out for some information on the default categories provided by bank feeds. You can edit these default categories at any time.
Adding new categories
There are a number of different places in PocketSmith where you can add new categories. Check this guide out for more details!
Sub-categories and nesting
Creating sub-categories is a great way to separate your earning and spending into main groups.
Category types in PocketSmith
The category type determines how income and expense transactions within a category are reported in PocketSmith. Learn how to set the category type so that your transactions are displayed accurately.
Bill and scheduled income categories
Set up bill or scheduled income categories, where the full budgeted amount is paid or received in one transaction, to more accurately reflect your bills or scheduled income in your budget.
Editing & deleting categories
You can use the Categories page to adjust the settings of each of your categories.
Options for hiding or restoring categories
You might want to hide particular categories in your reporting, such as the Income Expense report or the Cashflows statement, so you can fine-tune how you analyse your earning and spending.