#Banktivity review how to
#Banktivity review pro

It records tax disbursements from escrow as loan deductions. So it basically records two separate transactions for each mortgage payment.

But Banktivity records my mortgage payments twice, once as a debit from the joint checking account when the mortgage is paid via ACH and once when it reads the same amount as a mortgage deposit when it accesses the mortgage lender's site. Sure, it can pull in info from all these sources, but it has a terrible time deciding what they are and it doesn't really want you kibitzing.įor instance, I set up an expense report that compares annual inflows vs outflows.

Banktivity claims it can give you the whole picture. In the real world, people can have multiple bank accounts, they can have investments, 401K's, Mortgages, etc. It seems to me that the product isn't designed for the real world. I find Banktivity's behavior particularly frustrating when it comes to budgets and expense reporting. I can’t trust the data when it comes in, which makes reconciling take needlessly longer because only an idiot would classify “Graeter’s” as “Greater Columbus Chamber of Commerce” or a transaction paid for with Apple Pay as being to Apple or a bank transfer on a totally different account but for the same amount to Kickstarter, but those are all things I have to fix with some annoying amount of regularity. I have lots of new vendors that end up blank so I have to do this with many of my imports.ĭo all ‘direct download’ services suck as badly as the one offered by Banktivity? I hate how it shits all over my transactions when it autocategorizes them. Once all the transactions are highlighted, right-click in any of them to bring up a context menu from which you can select the new category.

#Banktivity review pro

If you can't figure it out here or in the help menu, I've always found their chat support to be helpful you could try chat or opening a ticket via email to see if they can help.Īlso, pro tip: you can add or change a category to multiple transactions at once by holding Control while clicking. seeing a wrong category? Other than deleting all transaction templates and not electing to create new ones (there's a checkbox in the transaction and/or a prompt, I forget which), I'm not sure what else you could do to have it stop categorizing them. If that is correct, then your action - manually assigning a category - is the same, isn't it? Other than seeing a blank vs. So, do you just want it to stop trying to categorize anything at all? I thought the problem was that you were having to manually reclassify erroneous categories, but now you're saying you *want* to manually categorize everything. I'm sorry, I guess I'm not understanding your issue. I’ve tried that, but it doesn’t seem that work, or at least it doesn’t for any of the scheduled transactions I’ve defined. As far as I know, there's no way for it to distinguish between buying groceries and buying a quart of motor oil, so you'll always have to check that the category you set in the template is appropriate for those transactions. The only issues I still have - and every service will have this same limitation - is vendors like Amazon and Target, where you could buy something from several of your spending categories. By manually updating the template, you instruct it on how you want them to be categorized.

#Banktivity review how to

This will show all the vendors you've done transactions with, and it's best guess at how to categorize future transactions with them. You can fix these issues using Transaction Templates (scroll to the bottom in the left panel under the Manage group). I can’t trust the data when it comes in, which makes reconciling take needlessly longer because only an idiot would classify “Greater’s” as “Greater Columbus Chamber of Commerce” or a transaction paid for with Apple Pay as being to Apple or a bank transfer on a totally different account but for the same amount to Kickstarter, but those are all things I have to fix with some annoying amount of regularity. Do all ‘direct download’ services suck as badly as the one offered by Banktivity? I hate how it shits all over my transactions when it autocategorizes them.