Labels

Each transaction has a description downloaded from the provider via provider's Internet banking. Sometimes this description is not informative or too long. Bank Control™ allows you to specify a new transaction description (label) which will replace the original description on the screen. You still can see the original description if you click on the transaction. You can also remove the custom label.

  • You can set or remove a transaction's custom label which will replace the original description on the screen.
  • When you input a search text which can't be translated into an amount (contains characters other than digits, sign or dot), Bank Control will search for transactions from any account which contain this text either in the original description or in the custom label.
  • You can define labelling rules which will set transaction custom labels during manual or background synchronisation automatically. The labelling rules match transactions by original description, type of transaction and transaction amount.

Tags

Tagging is a way of grouping transactions by your spending or income categories. Only one tag can be assigned for each transaction. You can view transactions by tags or you can view summary information across all tags for a specified period of time.

  • You can set or remove transaction tags.
  • You can create or delete your own tags and change appearance of the tags. We provide you with a library of common icons which can be used by the tags.
  • You can view transaction by tags or view an aggregated summary across all tags for a specified period of time. This gives you a simple and flexible mechanism to analyse your spending and income.
  • You can define tagging rules which will assign transaction tags automatically during manual or background synchronisation. The tagging rules match transactions by original description, type of transaction and transaction amount.
For example, if you want to tag as "cash" transactions where amount is negative and transaction type is "ATM" you should select an amount condition "less than" specifying the value "0" and enter "ATM" in the transaction type condition.

Highlights

Any transaction can be highlighted as either: suspicious, refund, transfer or just highlighted. Highlights can be used to identify transactions that need attention or which should be ignored.

  • You can set or remove transaction highlight.
  • You can view transaction by highlighting type or view an aggregated summary across all types of highlighting for a specified period of time.
  • You can define highlighting rules which will highlight transaction automatically during manual or background synchronisation. The highlighting rules match transactions by original description, type of transaction, transaction amount and balance after transaction.
  • A device notification will be raised (if configured) when a transaction is being highlighted as suspicious during synchronisation.
For example, if you want to highlight as "suspicious" payment (outgoing) transactions which amounts are more than £500 you should select an amount condition "less than" and specify the value "-500".

About Rules

Labelling, tagging and highlighting rules use a common set of conditions and follow the same matching logic.

  • The matching rules are applied in order until the first matching rule is found. You can change the order in which rules are applied.
  • You can delete or switch rules off temporarily. You can apply an existing rule to all transactions in the local database.
  • All rules are defined at the account level - a rule defined for one account won't be applied to transactions from another account.
  • When you set a custom label, tag or highlight a transaction you will be presented with a screen to create a new rule based on the operation you've just completed. This makes definition of the rule simple and quick.
  • All switched on individual conditions within a rule must match the transaction data in order for the rule to be applied to the transaction. You can switch on and off individual conditions.
  • Description condition checks whether the original transaction description is equal exactly, contains, starts or ends with the specified in condition text.
  • Transaction type condition checks whether the transaction type is equal exactly to the specified in condition text.
  • Transaction amount condition checks whether the transaction amount or its absolute value is equal exactly, less than, greater than or between two specified in the condition values.
  • Transaction balance condition checks whether the account balance after the transaction or its absolute value is equal exactly, less than, greater than or between two specified in the condition values.