Overview

Assigning Categories gives you a better understanding of where your money goes. You can choose from the default Categories built right into Simplifi, or create new ones of your own!

To add more detail to your transaction, try using Subcategories! For example, rather than using the broad Category of 'Travel' to track your business trip expenses, you could differentiate each transaction by using Subcategories like Airfare and Hotel Accommodations.

To view the default Category list, hover over the left side panel, select Settings, then select Categories & Tags:

Managing your Categories and Subcategories

You can manage all of your Categories and Subcategories through the Settings menu. While we allow you to edit most default Categories and Subcategories, there are a few that won't allow adjustments: Transfer, Credit Card Payments, and Investment.

Creating new Categories and Subcategories

  1. Hover over the menu on the left-hand side and click Settings.
  2. Select Categories & Tags.
  3. Click the blue +Category button.
  4. Type the new Category Name.
  5. If this is a Subcategory of an existing Category, click the Subcategory field. Type the primary Category Name or click the drop-down arrow and select the correct one from the list.
  6. Click the Type field and select either Income or Expense.
  7. Click the blue circle with the checkmark to save.

If you need to edit a Category, you can do so by clicking on the appropriate field and adjusting; Simplifi will automatically save any changes.

Deleting Categories and Subcategories

  1. Hover over the menu on the left-hand side and click Settings.
  2. Select Categories & Tags.
  3. Locate and select the Category or Subcategory you'd like to delete.
  4. Click the gray Trash Can icon.
  5. Click Delete to confirm. Note: If the Category or Subcategory is being used on a transaction, Simplifi will ask you to select a new category or subcategory for the affected transactions. Once selected, click Reassign & Delete.
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