Why is the transaction categorization so... bad?
I've been using Simplifi for a couple of years now and it seems that the product categorization has not improved. Case in point - buying plane tickets, Simplifi thought were cups of coffee -
[Edited - Removed partial account number]
Honestly the errors are so frequent I wish the software did not rename the Payees for me at all.
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Here's another example.
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Hello @Dognose,
Thank you for coming to the Community to share your feedback! It is frustrating when the automatic categorization gets things wrong. The Overview section of the article linked below gives a brief explanation of the criteria used when assigning categories:
Transaction Rules can be used to fill in where the automatic categorization falls short. For information on creating and editing rules, please review this article:
You may also find this Idea post interesting:
If it is something you'd like to see implemented in the future, please add your vote and a comment!
I hope this helps!
-Coach Kristina
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Thanks. I weighed in on DavidB's request.
I just hope that the Dev team is aware that the categorization is broken. Who knows, perhaps it's as simple as one broken look-up somewhere…
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Is there an option for not having Simplifi rename the Payee? I prefer what comes from in on the transaction. The description from the transaction is more complete and provides more details so that I can create a mapping rule to marry it to the right category. I don't want the Payee renamed by Simplifi. Does anyone know if this happens in Monarch Money?
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Hello @GeneralPatton59,
Thanks for the reply. We do have an idea post that you may be interested in voting for and following for updates here, which requests the ability to display Payee descriptions:
I hope this helps!
-Coach Jon
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