Categories

Cadence has two classification systems for transactions. The category(like “Restaurants” or “Shopping”) describes what the transaction is. The budget(like “Groceries” or “Entertainment”) is where you track the spending.

These are independent — a “Restaurants” transaction can be assigned to your “Date Nights” budget.

Categories are automatically assigned when transactions sync from your bank via Plaid. Manual transactions can have a category set during creation. You can change a transaction's category at any time by editing it.

When you create a budget, it becomes available as a budget assignment for transactions. Assigning a transaction to a budget is how spending gets tracked against your limits. Each transaction has one primary budget assignment, though you can split a single transaction across multiple budgets when a purchase spans more than one.

Edit any transaction to change its category or budget assignment. When you correct a category on a synced transaction, Cadence's smart category system learns your preference for that merchant over time.