Starting from scratch, QEM downloaded about three months worth of transactions. One of the things that it did was to assign categories to most of the transactions:
As you can see, it did an okay job. It correctly categorized the two Dining transactions, and figured out that Trader Joe's is a grocery store. It didn't know what to do with the post office transactions, and said that the Amazon purchase was a gift when it wasn't.
QEM comes with a starter set of categories:
Hit return to finish:
Okay, two things to be careful about:
- I like typing. When the shortened lists of categories came up, like you see two pictures up, I wanted to be able to use arrow keys to pick a different category. I first tried using the right arrow key, since the categories are laid out in a grid, but that didn't work. You need to use the up and down arrow keys to cycle through. While this is just like how Quicken 2006 works, it was unexpected -- hitting the down arrow key to move right is weird.
- QEM will not warn you before creating a new category based on what you type: