Resources
A resource represents any type of our services (like transactions, categories, groups and more) which you are using everywhere in the app.
Categories
What is a category, what are they used for, how to insert them?
What is a category?
A category is a way to group transactions.
For example, you may have multiple transactions related to a specific field (eg. food), and that makes sense, because you buy food multiple times. Therefore, all your food transactions should be inserted into a food category.
Having multiple categories with multiple transactions in each one of them helps you seeing your spendings clearly, identify a transaction faster and organize your budgets and limits.
How to create a category?
You can create a new category from your categories page. From there, you just have to click the "Add Category" sign to create one.
Category's fields
A field represents a category attribute.
There is only one field you are requested to input, and that is the Category Name.
As it's name suggests, the Category Name represents the name you want to give to your category.
Most used categories
Here is a list of the most used categories to give you an example and an idea for your categories:
1. Housing: Rent or mortgage payments, property taxes, home insurance, utilities.
2. Food: Groceries, dining out, snacks, and beverages.
3. Transportation: Gasoline, public transit fares, car payments, insurance, maintenance.
4. Utilities: Electricity, water, gas, internet, phone bills.
5. Healthcare: Insurance premiums, co-pays, prescriptions, medical supplies.
6. Entertainment: Movies, concerts, streaming services, hobbies, vacations.
7. Personal Care: Toiletries, haircuts, salon services, skincare products.
8. Clothing and Accessories: Clothing purchases, shoes, accessories.
9. Debt Payments: Credit card payments, student loans, personal loans.
10. Savings and Investments: Contributions to retirement accounts, savings accounts, investments.
11. Education: Tuition fees, books, school supplies, courses.
12. Charitable Donations: Contributions to nonprofits, charities, fundraisers.
13. Insurance: Life insurance, car insurance, health insurance premiums.
14. Pets: Food, grooming, veterinary care, pet insurance.
15. Gifts: Birthday presents, holiday gifts, special occasions.
16. Taxes: Income taxes, property taxes, sales taxes.
17. Home Maintenance: Repairs, renovations, landscaping, cleaning supplies.
18. Childcare: Daycare expenses, babysitting, school fees.
19. Fitness and Recreation: Gym memberships, sports equipment, outdoor activities.
20. Miscellaneous: Any other expenses that don't fit into the above categories.
Summary
A category is one of the ways in ScyFin to group multiple transactions. It is also used by other resources (as groups, budgets, calculations etc).
From your categories page, you will always be able to see all your created categories, along with their details as how many transactions are in a category, or the amount of transactions in them.
Previous section: Recurrent transactions Next section: Groups