Categorizing expenses
Sort spending into categories so your reports and budget actually mean something.
Categorizing expenses — landscaping, utilities, insurance, repairs, and so on — is what turns a pile of transactions into a budget you can reason about. When transactions are categorized, your reports show exactly where the association’s money goes.
Categorize a transaction
- 1Open Finances from the dashboard sidebar.
- 2Find the transaction in the list.
- 3Assign a category from the dropdown.
- 4The change is saved automatically and flows into your reports and budget.
Why it matters at budget time
Consistent categories let you compare actual spending against your budget line by line, spot overruns early, and answer homeowner questions with confidence. If you connect a bank account, imported transactions can be categorized as they arrive so nothing piles up.
Tip · Agree on a short, consistent set of categories as a board. Fewer, clearer categories beat dozens of overlapping ones.
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