Our self-learning feature in Abacus is designed to keep track of all the changes made to merchant names and expense categories when you submit expenses. The process is straightforward:
Automatic Categorization: Over time, Abacus will automatically categorize expenses based on the coded merchant before you even submit them. This means you don't have to manually categorize each expense, saving you time and reducing the chance of errors.
Continuous Improvement: The more edits you make to expenses, the smarter Abacus becomes. It learns from your actions, allowing it to recognize different combinations of merchants and vendors more accurately. This means that as you use Abacus more, it becomes increasingly proficient in categorizing your expenses correctly.
We understand that sometimes expenses may not fit the automatic categorization perfectly. That's why we provide you with the flexibility to make adjustments as needed. Here's what you should know:
- Manual Edits: While Abacus is great at categorizing expenses, you can still manually edit and adjust the category if it differs from what Abacus initially matches with the merchant. This ensures that you have complete control over your expense categorization.