Our powerful AI models try their best to categorize all your expenses automatically. Still, sometimes the predefined categories might not be enough to group expenses exactly how you want them.
That's where tags come in.
Ideas for using tags
For your inspiration, we gathered ideas from our team and users on how they use tags:
#worklunch 🍝 – Tag expenses for your business lunches to separate them from other eating out and food delivery transactions.
#split 💰 – Tag expenses you need to split with someone and remember to ask for your money back.
#paris2023 🇫🇷 – Tag expenses related to a trip.
#birthdayparty 🎂 – Tag expenses related to an event, like a festival, conference or birthday party.
#renovation 🛠 – Tag expenses related to projects that span across multiple spending categories.
#tennis 🎾 – Tag expenses related to a hobby.
#workexpense 🙌 – Tag expenses that need to get reimbursed.
#sidehustle 🔥 – Tag expenses and income related to side projects.
#tom 👦🏻 – Tag expenses to separate costs for particular children.
Adding a tag to an expense
You can add a tag by opening an expense and tapping the "Add a tag" button. Then, a menu opens, which allows you to choose an existing tag or create a new tag. You can add multiple tags to each payment.
Every payment is still assigned to a category, even if you add a tag. Categories are used to automatically group similar expenses together, while tags allow you to further customize the grouping manually.
Creating a tag
Creating a tag is super simple: just type a title, add some emojis if you fancy, and assign a color. You can also add a note if needed.
Setting budgets for tags
When setting up a budget, you can choose a goal based on a category, tag or a combination of both.
Assume you want to set a budget for eating out. Here're some ways to do it:
Eating out – select a category: Eating out
Worklunch – select a tag: #worklunch
Eating out (w/o worklunch) – select a category: Eating out and select to exclude tag: #worklunch
Please note that while categories are automatically assigned to expenses, the tags are not. Therefore, budgets with tag-based rules are only up to date if you manually assign tags.
Summarizing tagged expenses
When it comes to making summaries, tags work similarly to categories. For example, tags appear on the “Overview” tab below regular categories. Tapping on a tag opens a detailed summary of all expenses, including breakdowns into categories and periods. Month in Review report also includes summaries of tagged transactions.
Using a tag as a filter
You can use specific tags as filters on the Dashboard, Overview page, and elsewhere.
"Include only" filter
By applying an "include only" filter, you will see only transactions that carry any of the chosen tags. For example, setting the filter to "#worklunch" will show only your business lunch expenses.
"Exclude" filter
The "exclude" filter only displays transactions without the specified tag. This feature comes in handy when you want to exclude certain types of transactions from your overview.
Combining multiple filters
What if you want to combine these filters? Absolutely possible! If you set both an "include only" and an "exclude" filter, we'll show transactions that have the "include only" tag but don't have the "exclude" tag.
Moreover, you can also add multiple tags to an "include only" filter to see transactions with any of the tags mentioned.
