You can either use AutoCat to recategorize (see below), or you can use a spreadsheet filter to quickly find and update any obsolete category. However, for accuracy, you will probably want to recategorize past transactions in any category you’ve edited or deleted. Filter and update category detailĮditing or removing a category name is as simple as clicking it. Unlike Mint, you can easily rename or delete the default categories included with Tiller. Renaming, hiding, and deleting categories You can either add new transactions to this category on the Transactions sheet as they flow in, or use AutoCat (below) to automatically do this for you. However, if you prefer a subcategory hierarchy, just think of “Groups” as the top-level and “Categories” as the secondary level. We’ve found this approach works best for keeping everything clear and uncluttered, yet flexible and easily customized. Tiller uses Categories, Groups, Type, and Tags (optional) to organize your transactions. Many personal finance apps use subcategories to give you more detail in tracking your transactions.įor example, Mint and Quicken use categories, tags, and subcategories, while YNAB uses groups and categories. Hide from Reports – exactly what it sounds like.Īdditionally, you can add a “ Tags” column for an additional level of reporting and tracking.Type – The common types of categories, like Expense, Income, and Transfer.For example,įood” might group Restaurants, Snacks, and Groceries together. Group – Use this to organize categories into groups.For example, Dining Out, Phone, Office Supplies, etc. Category – You can add up to 200 total categories.The Category sheet includes four columns: Here’s a simple version of the Category sheet as seen in Tiller’s Foundation Template: Tiller Categories Sheet Groups, Categories, and Tags Tiller Categories Sheet Header Detail Meanwhile, the Category sheet is where you create, rename, and otherwise manage all your categories. The Transactions sheet looks like this: Tiller Categories Sheet (You can also use AutoCat to do this automatically, as shown below.) It’s also where you manually categorize your transactions. The Transactions sheet is where your transactions automatically flow in from all your multiple linked accounts. When you get started with Tiller’s automated financial feeds, a Transactions sheet and Categories sheet will be installed in your Foundation Template or custom Google or Microsoft Excel spreadsheet. Tiller automatically updates spreadsheets with your latest spending, account balances, and other transactions. How Tiller Organizes Transaction Categories Read more about our budget category suggestions here. Or even three, as seen with the 50/30/20 budget. Many people can effectively track their money with just five categories. Our only advice about categories is to keep them simple. We do have a little advice about setting up your categories… But the payoff is a money tracking system perfectly tailored to you. Truthfully, setting up categories with Tiller does take a bit more effort than other tools. And only you decide if, how, and when your transactions are automatically categorized.Īnd to keep everything easy, clear, and uncluttered, we do this all with flexible, automated spreadsheets. You are the only one who creates, deletes and renames your Tiller categories. That’s why Tiller gives you more control of your budget categories and auto-categorization rules than any other automated personal finance tool. To truly understand your money, your transaction categories must be precise, accurate, and personally meaningful.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |