Adding rules to your transactions

Adding rules will automatically classify your income and expenses. This will save you lots of time!

For example, if you add ‘Toolstation’ as a keyword rule, every time a transaction shows from this retailer they will auto classify under ‘business’ assuming you have bought tools for work.

You can also classify items depending on the amount spent, here’s how it’s done…

 

 

From the drop down on the 'Unclassified' or 'Classified' transactions screen select 'Manage Rules'. You can also access the Rules section by visiting 'Settings' or 'My Details'.

luna-rules-menu.png

The next screen you see will be your 'Rules' screen.  Here you can see all active rules and add any new ones you wish to.

luna-rules-overview.png

When adding a new rule you will need to give a description so later on you can see the reason why a transaction has been classified.

Next, choose a rule type:

For a keyword rule you might want to have a “grocery shopping rule”. You can add Tesco, Asda, Lidl and Aldi as keywords. Then you can then choose to classify these purchases as personal or business.

luna-settings-addrule-keywords.png

Use 'More Than' to add anything more than a certain amount. An example being anything more than £20 would be a business expense, or classify small expenses under £5 as personal expenses.

luna-settings-addrule-morethan.png

Your rules can be applied to all unclassified transactions.

Finally click save and the rules will be applied.

You also have the option of reordering your rules in order of priority.  For example, you may have everything under £5 as a personal expense but perhaps anything from your favourite DIY store still gets classified as a business expense even if it falls under £5.

When you go to the classified expenses section in Transactions you will see a rule icon next to each transaction that has a rule applied to it.

luna-ruleicon.png

Now you can get on with what you do best, knowing that behind the scenes, Luna is doing the work for you and saving you time.

Was this article helpful?
0 out of 0 found this helpful