What Is the New Categorization Module?
The new categorization module is designed to automate the process of categorizing your transactions by creating rules efficiently. It allows you to identify and correct categorization issues quickly, unleashing the full potential of automated transaction management.
How to Use the New Categorization Module
Access the Categorization Module: Navigate to the Transactions tab in your Agicap dashboard and select Categorization.
Review Unclassified Transactions: The module displays transactions that haven't been categorized yet. Review the suggested categories for each transaction.
Create Categorization Rules:
Select a Group of Transactions: The module suggests a group of similar transactions that need to be categorized.
Assign a Category: The module will suggest a category. You can accept the suggestion or choose the appropriate category from the list.
Save the Rule: The module will suggest you a rule that will automatically categorize similar future transactions. You can modify the proposed rule or not approve it.
Automated Learning: As you validate more transactions, the module learns and improves its future suggestions.
Embracing the New Mindset in Categorization
Old Mindset 👵
Previously, you might have:
Spent a lot of time creating and optimizing each categorization rule.
Tried to minimize the number of rules by merging them.
Regularly cleaned the rule page to keep it concise.
New Mindset 💪
With the new module, you can:
Quickly validate categorization rules without overthinking.
Accept that having many rules is beneficial for automation.
Use the search bar and reordering tools to manage rules easily.
Benefits:
Efficiency: Save time by validating rules swiftly.
Automation: Increase categorization automation with more rules.
Ease of Management: Easily identify and fix issues using improved tools.
Tips 💡
Leverage Automation: The more you use the module, the smarter it becomes in categorizing your transactions.
Don't Worry About Rule Quantity: It's okay to have many rules; focus on quick validation to save time.
Use Search Functionality: Quickly find and adjust rules using the search bar.
FAQ ❓
What if the automatically created rules are not accurate?
You can easily edit or delete any inaccurate rules. Use the search bar to find the specific rule and make the necessary adjustments.
Can I still create custom rules manually?
Yes, you can create or adjust rules manually at any time within the categorization module.
Will the module learn from my categorizations over time?
Absolutely! The module improves its suggestions as you categorize more transactions, enhancing automation and saving you more time.