Categories and Category Groups

Categories and Category Groups

For each transaction that enters our system we assign a category, using our powerful machine-learning based system.

There are two types personal and business categories These can be found within our admin portal using the following links below.

Our categories are each assigned a category group. This hierarchical data structure allows flexibility when building a user interface as sometimes the user will only want to see data at a category group level rather than a category group. It is also possible to implement an element of your own UI against these categories. For example 'Charitible' is shown as 'Charitible Giving' within the Moneyhub App

We categorise transactions on a global and a per-user level. Categorisation by its nature is personal - not everyone categorises transactions in the same way. If you share with us any corrected categories via the PATCH /transactions/:id route then our engine will use that data to improve categorisation for that user for any new transactions.

Personal Categories

Type

Category Group

Categories

Personal

Bills

Insurance
Cable
Online
Service
Other-bills
Telephone
Utilities

Personal

Business

Office-supplies
Advertising
Business
Postage
Printing
Office-maintenance
Wages

Personal

Cash

ATM

Personal

Entertainment

Entertainment
Restaurants
Hobbies
Dues

Personal

Gifts

Charitable
Gifts

Personal

Groceries

Groceries
General

Personal

Health

Healthcare
Personal

Personal

Household

Child
Clothing
Education
homeMaintenance
homeImprovement
Pets
Electronic

Personal

Income

Benefits
Consulting
Deposits
Expense
Interest
Investment
Other-income
Paychecks
Rental-income
Retirement
Rewards
Sales
Services

Personal

Mixed

Mixed

Personal

Other

Uncategorized
Other
Cheques

Personal

Rent

Rent

Personal

Repayments

Loans
Mortgages

Personal

Taxes

Taxes

Personal

Transfers

Credit
Transfers
Securities
Savings
Pension-contributions

Personal

Transport

Automotive
Gasoline
Travel

For a list of our current personal categories, please look in our admin portal here: https://admin-portal.moneyhub.co.uk/transaction-categories or via our API here: https://api.moneyhub.co.uk/v2.0/standard-categories and https://api.moneyhub.co.uk/v2.0/standard-category-groups

Business Categories

Type

Category Group

Categories

Business

Business-Credit

Business-loans
Business-overdraft

Business

Business-Employees

Business-salary
Business-paye
Business-pension-contributions
Business-other-benefits
Business-training

Business

Business-Income

Business-income-customers
Business-income-point-sale

Business

Business-Other

Business-other-income
Business-other-expenses

Business

Business-Overheads

Business-rent
Business-mortgage
Business-utilities
Business-insurance
Business-fees-charges
Business-online-services
Business-other

Business

Business-Tax

Business-corporation-tax
Business-vat

Business

Business-Transfers

Business-transfers
Business-vendors

By default any account that we detect as a "business" account will be assigned business categories, however this can be overridden with the mh:cat_type claim as detailed here

For business accounts we have a different set of categories, which can be found here: https://api.moneyhub.co.uk/v2.0/standard-categories?type=business and https://api.moneyhub.co.uk/v2.0/standard-category-groups?type=business.

Custom Categories

It is possible to create custom categories using our API . The categories are created at a user level and they need to use one of our existing category groups.

To begin with you will need to manually update the transactions with this custom category but over time our machine learning system will pick up this change and will automatically use the custom category in similar transactions.