Add a transaction rule

You can add transaction rules for your deposits and expenses so that OnBalance automatically categorizes transactions. These rules are helpful if you have frequent transactions that are similar.

Note: When you add a transaction rule, the rule will apply only to transactions you enter after setting up the rule.

  1. In the Transactions screen, click Manage > Bank Reconciliation at the top of the screen.
  2. In the Bank Reconciliation screen, click the Transaction Rules button.
  3. Click New Rule.
  4. Choose the type of transaction (Expense or Deposit).
  5. In the If description field, select one of the following from the drop-down list.
    • If the bank description is always the same, select Is exactly, and add the description in the text field on the right.
    • If the bank description has small changes every time, select Contains. In this case, add the part of the description that doesn’t change in the text field on the right.
  6. Add the other information as needed.
  7. Click Save.

The availability of some or all of these features depends on your version of OnBalance.