Your books
Categories, rules and suggestions
How each transaction gets its category, and how to make Durity learn your vendors.
Every transaction needs a category (Software and subscriptions, Contractors, Sales and so on) before it goes into your statements and tax return.
Where categories come from
- Your rules: 'when the description contains GITHUB, use Software and subscriptions'. Add them in Transactions.
- Suggestions: Durity suggests a category for anything your rules don't cover. Only the description and amount are used.
- You: pick a category yourself on any transaction.
- Your accountant confirms every category. Only confirmed categories are final.
Anything that might involve an owner or a related company is asked about in To review instead, because those payments go on Form 5472.