Assigning transactions to meaningful categories helps classify your earnings and spending into different areas to bring visibility to your earnings and spending, and where you might like to create budgets or make changes in the future.
You can use the Categories page to personalise your categories with your own category names, colours, and even emoji 🎉
Just getting started?
Whether you want to create your categories in bulk, add as you go, or use automatic categorisation from the bank feed, check out our user guide: An introduction to categories in PocketSmith.
Frequently asked questions
Can I choose my own categories?
Yes! Read more about the different ways you can create categories in PocketSmith here: Adding new categories.
Can I use parent and sub-categories (nested categories)?
Yes! You can create sub-categories in two different ways on the categories page. By drag-and-dropping one category under another, or by editing the settings for a category. Learn more here: Sub-categories and nesting.
Why do categories I've not created or that I have deleted keep reappearing?
If you notice categories keep reappearing that you did not create yourself, this is likely due to bank feed automatic categorisation.
You can either turn this setting off, delete the bank feed category or edit the bank feed category name to one you’d prefer and PocketSmith will remember this for next time.
Can I edit categories in bulk?
Most aspects of categories need to be updated one by one. Categories can be deleted or created in bulk, however.
You can read more on editing categories here: Editing & deleting categories: Overview.
Why is one of my expense categories showing as income (or vice versa)?
This will most likely be due to the category type being incorrectly set up.
To fix this up you'll just need to change the category type to better suit this particular category. See Category types in PocketSmith to learn how to change this.