My bank used to categorize my spending (eg Entertainment, Travel, Groceries etc) which made it easier come tax time as well as giving me a quick overview of what I was spending in different categories however they are no longer doing so.
Does your credit card provider do this on statements? If so which bank?
Thanks
Categorized Bank Statement- Does Your Bank Do This on Credit Card Statements?
chocolatelover on 03/09/2022 - 14:55
Comments
Macquarie does this on credit and debit card accounts. You can also flag transactions to be tax relevant and store a copy of the tax invoice/receipt with the transaction
Westpac used do but I don’t recall seeing that on this year’s statements
CBA does this for my debit card
NAB does this for my Visa credit
Do you import the statement to spreadsheet? If you do it's not that hard to do separate table for category of expenses and then you use lookup function main expenses from this table.