"Category" is used to name for one of expenses/ incomes that we regularly use in our daily lives. Examples include Food & Beverage, Shopping, Education, Entertainment, etc.

Below is a detailed guide on how to set up and use categories in Money Lover, especially with some changes in version 8.0.

I. Managing categories

In version 8.0, you can view and manage all your categories by going to the "Account" tab and selecting "Categories".

open-category
After that, click on "Categories" bar to see the categories list arranged by different purposes of use: Expense, Income, Debt/Loan.
categories-list

You can also quickly search for categories by entering their names in the search bar.
Search-category

II. Creating new categories

In addition to the default categories, you can create new categories in two ways:

- Method 1: From the "Account" tab, select "Categories", click to open the category management screen (similar to the instructions in Section I). Scroll down and select the "New category" button.

- Method 2: In the Category Selection screen (when performing functions like creating a transaction, setting a budget, creating an invoice, or setting a recurring transaction...), choose the "New category" button. create-new-category

Scroll down to see the button for creating a new category.

Step 2: Fill out information in the "New Category" screen

After clicking to create a new category, a new category screen will appear. At this point, you'll need to:

+) Choose an icon to represent the category.

+) Enter the name of the category you want to create.

+) Choose a parent category for the newly created category (if you want). For example, if the new category is "Breakfast," the parent category could be "Food & Beverage".

fill-in-information

Note:

+) If you want to create an expense category, you should go to the "Expense" tab first before creating a new category. Similarly, for income categories, go to the "Income" tab.

+) The new category you create will be active by default in all current wallets you have.

Step 3: Save the new category information

After filling in all the information for the new category, the "Save" button will light up. At this point, click it, and all the information for the newly created category will be saved.

save-new-category

Click "save" button to save the information.

Step 4: Check the information for the newly created category

After successfully saving, the newly created category will appear at the end of the list of categories.

newly-created-category

III. Editing Categories

For existing categories, you can edit them as follows:

Step 1: Select the category you want to edit

At the Categories screen, click on the category you want to edit.

select-

At this point, the app will display the Edit Category screen.

* Step 2: Edit category information*

In the Edit Category screen, you can edit one or all of the following information:

+) Choose "Category Name" if you want to change the name of the category you've created.

+) Choose "Icon" if you want to change the icon representing the category.

+) Choose "Parent Category" if you want to change/add/remove the parent category.

edit-category-information

You can edit any information of the category

Step 3: Save the edited category information

When any piece of information is edited, the "Save" button will light up. You can now select the "Save" button to save the edited category information.

save-new-information-of-the-category

Tap "Save" button to save the newly edited information of the category.

Step 4: Check the successfully edited category

After successfully editing category information, the app will display the Category Management screen with a successful edit notification. The category with edited information will still be displayed on the Category Management screen.
see-edited-category

The edited category remains the same position as the previous one in the Categories management list.

IV. Active wallets of the category

In addition to changing category information such as category name, category icon, and parent category, you can also change the active/inactive status of that category in the wallets you have.

If a category is not active in any wallet, it will not appear in the category selection screen when creating transactions, events, recurring transactions. This means you won't be able to create transactions, events, recurring transactions, or invoices for a category that is not active in that wallet.

To change the status of the wallets within a category, you may do as follows.

Step 1: Select the "Edit" button for the wallet in the Edit Category screen

On the "Edit category" screen, select the "Edit" button in the "These categories are active in following wallets" section.

Edit-wallets-in-categories

Step 2: Change the active/inactive status of the category in the wallet

On the "Active in wallets" screen, you can switch On/Off button next to each wallet to change the active/inactive status of that category in the wallets. Green means the category is active in that wallet, while gray means it's inactive.

See-active-wallets

Active vs Inactive wallets within a category.

Moreover, you can also enter the wallet name in the search bar to find it out for more quickly.

search-wallets

Type in the search bar to find the wallets you need more quickly.

When changing the status of the category's wallet, it'll be auto saved.

Step 3: Check the list of wallets that the category is active in

To check the list of wallets where the category is active, press the back button to return to the Edit Category screen. In the Edit Category screen, the app will only display the list of wallets where the category is active.

check-active-wallets-of-a-category

Here is an example of active wallets of "Friend's wedding" category.

V. Viewing transactions by category

Step 1: Select "View by category" in the Transaction list screen

To view transactions by category, go to the Transactions tab to see the Transaction list screen. Then, select the "View more" icon in the top right corner of the screen, and choose "View by Category".
view-more-category

Choose "View by category" option.

select-view-by-category

Step 2: Track transactions by category

With the Global Category function on version 8.0, when you want to view transactions by category, the Transaction list screen will display all transactions within the same category across all your wallets. This makes it easy for you to track your income and expenses of any categories across all wallets.
view-transactions-by-category

That covers everything you need to know about using Categories in Money Lover version 8.0. We hope this helps you manage your finances better! Don't hesitate to reach us at [email protected] if you have any questions. Thank you so much for choosing Money Lover as your financial companionšŸ˜Š.