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 Gambling
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.