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Automation of Rental Income e-transfers

ktrowktrow Member Posts: 9

When I receive an e-transfer of a specific amount to my account can it automatically recognized as Rental Income (Category) from a specific tenant (Customer)?

in Accounting Technical Support

Comments

  • BarsinBarsin Member, Moderator Posts: 2,041 ✭✭✭

    Hey there @ktrow , typically our auto-categorizing can recognize certain transactions however it usually depends on the descriptor imported by your bank. If it's titled "e-transfer" it likely won't pick up, but starbucks for example will auto-categorize to the meals and entertainment category. Check out THIS ARTICLE for more info on our Auto-cat feature.

    edited April 14, 2020
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