What can I do with categories?

Categories in Grassfeld are designed to help you organize, track, and make sense of your finances. Here’s what you can do with them:

Default and custom categories

Grassfeld has a set of default, uneditable categories and subcategories. However, you can still add new subcategories under any default category. Also, you can create your own categories and add subcategories as needed. You can edit custom categories and subcategories, unlike default ones. This lets you adjust them as your financial tracking needs change. More about creating new category read here.

Edit, archive, or delete an existing custom category

Managing your custom categories is easy. If you need to make changes:

• Open the category you want to modify.
• Tap the three dots on the top right.
• Choose the appropriate action: edit, archive, or delete.

Important: If a category has linked transactions and you choose to archive or delete it, the transactions that are already linked will retain the category. However, you will no longer be able to link new transactions to that archived category. This ensures your previous financial records stay intact while preventing further use of the category for future transactions. More about deleting here.

Link transactions to a category

You can link transactions to a specific category in two ways:

• During transaction creation: When creating a new transaction, tap "Category" and choose a category from the list. If the category you need doesn't exist, you can easily add a new one by tapping the plus icon in the top right.

• Directly from the category page: Tap to "Transactions", press "Add Transaction". Then, choose an existing transaction or create a new one to link to the category.

Why it is important?

For budgets: linking transactions to categories helps you track and control your spending within that category. It ensures that your budget is accurate, and you'll be able to see how much of your limit has been used.

For analytics and reports: a category for a transaction helps you track your spending or income. This shows you where your money is going. You can then make informed decisions based on your spending.