Overview
The Transaction Rules feature gives you the ability to make sure that your transactions always download the way you want them to. From assigning a certain Category to a Payee to making sure that your Payees appear exactly how you'd like them to, Quicken Simplifi's got you covered!
Create a Payee Rule
Creating a Payee Rule will allow you to assign certain keywords to a Payee. Once you've created a Payee Rule, Quicken Simplifi will watch your downloaded transactions and automatically change the Payee whenever those keywords are identified. You can create as many Payee Rules for a Payee as you'd like!
Note: Quicken Simplifi uses the "Appears on your statement as..." info provided by your bank when looking for keywords for a Payee Rule.
Click the Menu icon (the three lines in the upper left corner).
Select Settings and then Rules.
Click the plus (+) button in the upper right.
Select Payee Rule.
Fill out the If the statement name contains field with the keyword(s) you'd like Quicken Simplifi to watch out for to rename the Payee by, and then enter the Payee in the Then rename payee as field.
Choose whether you'd like the Rule to be applied to existing transactions, then click Create.
Create a Category Rule
Creating a Category Rule will allow you to assign a certain Category to a Payee. Once a Category Rule has been established, Quicken Simplifi will keep an eye on your downloaded transactions and automatically assign the Category accordingly.
Click the Menu icon (the three lines in the upper left corner).
Select Settings and then Rules.
Click the plus (+) button in the upper right.
Select Category Rule.
Select the Payee and then select the Category.
Choose whether you'd like the Rule to be applied to all past transactions, then click Create.
Edit or Delete a Transaction Rule
Click the Menu icon (the three lines in the upper left corner).
Select Settings and then Rules.
Locate the Rule you'd like to edit or delete and click on it.
To edit a Rule, click the three dots at the end of the Category or the Payee, whichever applies, select Edit category rule or Edit payee rule, make the necessary changes, then click Update. To delete a rule, select the three dots at the end of the Category or the Payee, whichever applies, select Delete category rule or Delete payee rule, then click Delete again to confirm.
Note: You can easily delete all of the Payee and Category Rules that have been created for a specific Payee by selecting the three-dot menu next to the Category or Payee, and then selecting Delete all rules.
Frequently Asked Questions
Learn the answers to frequently asked questions for this topic!
Can you create multiple Category Rules for a Payee?
At this time, Quicken Simplifi only allows the ability to have a single Category Rule for each Payee. If you use the same vendor for multiple services, we suggest attempting to identify something unique in the downloaded Payee name for each of the services so that you can create a separate Payee Rule, and therefore a separate Category Rule, for each of the services.
Can you create Transaction Rules based on amounts?
Quicken Simplifi's Transaction Rules are currently designed to look at Payees and Categories only. However, please feel free to join the discussion in our Community for this highly requested feature by clicking here!
Do Transaction Rules apply to manual transactions?
At this time, Transaction Rules will not be applied to manually entered transactions. We apologize for any inconvenience and urge you to visit us in our Community to add your vote and feedback to a request for this ability by clicking here.
To learn about using Transaction Rules on the Quicken Simplifi Web App, please click here!