How can I categorise my expenses in Track My Spending?

Last Updated: 13 Sep 2018
  1. Select the accounts you’d like to track.
  2. Click on the ‘Code Transactions’ tab. This should display all your uncoded transactions within the selected time period. You can adjust the ‘From Date’ and ‘To Date’.
  3. Categorise your transactions (e.g. Food & Groceries). You can select from one of our categories, or create your own category using the ‘Manage Categories’ button.
  4. View the results on the Dashboard page.
  5. Set targets with My Allowances to keep your spending on track.

We give you a number of categories to select from, such as home expenses, vehicle & transport, and dining & bars; but you can also create up to 10 of your own categories.  Select the category that best fits each transaction and we’ll do the rest.  

To code transactions, you need to select the most relevant category from the category drop-down menu.  For example, if you buy something at Countdown, the most appropriate category is Food and Groceries (or perhaps a custom category you have created).  Or, if you made a Credit Card payment it would be appropriate to code it to debt repayment. For Credit Card payments, you should make sure that you code both the debit (i.e. the purchase) and the credit (i.e. your credit card payment) payment to the same category so that you don’t double count the transaction.

Once you have coded a transaction, we’ll remember it and code it the same next time (this is known as pre-coding), by placing a blue tick beside the transaction so you can quickly check the right code has been applied. 

You should check pre-coded transactions, as you may buy different items at the same store requiring the purchase to be coded differently to last time.

You can then click on the ‘View Dashboard’ tab to see where your money is going.


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