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How does auto categorization of bank transactions work?

You can see the auto categorization of bank transactions in action when you attempt to categorize an uncategorized transaction manually and there is no prior bank rule for that transaction category. Zoho Books prompts you with a Bank Rule creation page which would enable you to categorize similar transactions.

  • Go to the Banking tab and select your bank account.
  • Select the Uncategorized Transaction tab.
  • Click on the transaction you want to categorize and click Categorize Manually on the bottom of the right hand pane.

Categorize manually

Fill out transaction form on the right hand pane and click Save.

Categorize transaction

Now you’ll be prompted to add a new rule.

Rule prompt

When you try to categorize another uncategorized transaction which fits the conditions of a previously created rule, the categorization form on the right hand pane is populated automatically.

Auto categorization

You can also add a new rule to categorize your transactions. Go to the Banking tab and select your bank account. Select Manage Trasaction Rules from the gear icon on the top right corner.

Manage transaction rules

Click the New Rule button on the top right corner and set the criteria in the New Rule form.

Create new rule

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