Categorizing Transactions

Why Categorization Matters

Raw bank transactions don't tell you much on their own. Categorizing them — utilities, insurance, maintenance, management fees, assessments received — transforms a list of numbers into meaningful financial insight. Accurate categorization is the foundation of useful reports and a realistic budget.

Viewing Transactions

Navigate to Finances in the sidebar to view your imported transactions. From here you can review, categorize, and manage all of your HOA's financial activity.

Automatic Categorization

Nestingbird will attempt to automatically categorize transactions using the standard categories provided. When Nestingbird cannot determine the appropriate category, board members will need to assign one manually. You can categorize transactions individually by clicking on them, or use bulk categorization to assign multiple transactions at once — especially useful when you first connect your bank and need to categorize months of history.

Over time, as Nestingbird learns which categories should be assigned to recurring merchants and transaction types, the need for manual adjustments will reduce greatly.

Plan Requirement

Transaction categorization requires the Insights plan or above.