Azibo simplifies the process of automatically categorizing your transactions and associating them with the correct tax categories and properties. You can save time by establishing transaction rules.
To start creating a custom rule, follow these steps:
- Navigate to your Bookkeeping section
- Click on "Add" in the top right corner
- Click on "Add new rule"
In your custom rule, you need to add:
- A descriptive name for your rule (to ensure organizational clarity)
- Specify any conditions that should trigger the rule. You can add 3 conditions per rule.
- Conditions include bank accounts, descriptions, and amounts
- Tag the transaction. At lease one tag is required.
- Tags include category, vendor/tenant, property, and unit.
- Determine whether the rule should be applied to:
- Past transactions
- Future transactions
- Both
To edit your rules, you will:
- Navigate to your Bookkeeping tab
- Click on "Manage rules" in the top right corner
- Once you have located your rule, click the three dots to the right side of the rule, where you have the option to edit or delete the rule
With your transaction tagging rule in place:
Any transactions that meet the conditions of your rules, will automatically receive the assigned category, vendor/tenant, property, or unit, streamlining your financial management process.