Categories

Category wise summary of Debit & Credit transactions is displayed in this tab. This data is helpful in understanding the context or purpose of the transactions, and identifying the top sources of earnings & expenditure. Precisa classifies transactions into following categories. 

• Outflow Categories
  • Rent
  • Salary
  • Learning & Development
  • Sales & Marketing
  • Utilities – Electricity, Telecom, Water, Fuel
  • Insurance
  • Tax Paid
  • Loan – EMI, other loan payments
  • Interest 
  • Charges & fees – Bank charges, Minimum balance charged, Foreign exchange charges, Locker rent, Non-banking charges
  • Office Expenses
  • Vehicle Expenses
  • Travel & Transport
  • Games & Entertainment
  • Health & Wellness – Healthcare, Fitness
  • Food & Dining
  • Consumer Products
  • ECOM & Wallet Payments
  • Debit Card Payments
  • Credit Card Bill Payments
  • Donations
  • Commission
  • Cash & ATM Withdrawals
  • Investments – Term Deposits, Mutual Funds, Equity, Debt, Other Investments
  • Penalty & Fines
  • Sweep
  • Transfer to Self
  • Outward Funds Transfer – Cheque, NEFT, IMPS, UPI, RTGS, NACH, Netbanking/ Third Party Transfer, INFT, Mobile, Foreign Remittance
  • Inward Funds Transfer Return – Cheque Return, NEFT Return, IMPS Return, UPI Return, RTGS Return, NACH Return, Netbanking Return, INFT Return, Mobile Return, Foreign Remittance Return
  • Suspense

• Inflow Categories 
  • Rent
  • Salary
  • Loan – New Loan, EMI Return, Loan Repayment
  • Interest
  • Dividends
  • Investment Proceeds
  • Commission
  • Insurance Benefits – Insurance claims, Pension & Annuities
  • Tax Return
  • Cash & ATM Deposits
  • ECOM & Wallet Payments Refund
  • Debit Card Payments Refund
  • Reverse Sweep
  • Subsidy
  • Transfer from Self
  • Inward Funds Transfer – Cheque, NEFT, IMPS, UPI, RTGS, NACH, Netbanking/ Third Party Transfer, INFT, Mobile, Foreign Remittance
  • Charges Reversed
  • Outward Funds Transfer Return – Cheque Return, NEFT Return, IMPS Return, UPI Return, RTGS Return, NACH Return, Netbanking Return, INFT Return, Mobile Return, Foreign Remittance Return
  • Suspense

Following transactions summary is displayed for each category –

1. Category – name of the category
2. Start date – date of first transaction in the category
3. End date – date of last transaction in the category
4. Txn amount – total value of the transactions corresponding to the category 
5. % Total txn amount – % of the total debit or credit amount attributed to this category. For e.g., in a personal salary account, ~90% or more of total credited amount would come from Salary
6. Avg txn amount – average value of the transactions in the category  
7. Txn count – number of transactions in this category. You can click on this count to view transaction details