Automatic assign category

acha

I have transactions called Myfax which came in from Amex uncategorized. If I assign a category to one of these, is there an update which will now categorize all transactions with the same name. And going forward when the next month's statement is synced, will this automatically be assigned the category.

Jim_Harman

Assuming Myfax is the Payee in the transaction, then yes, you can use the Memorized Payee List to assign a Category to the Transaction each time that Payee is downloaded.

One way to do this is to right click on a transaction you have entered with the desired Category assigned and click on Memorize Payee …

There are several settings that control how this works; please post back with an example if it does not appear to work for you.