Categories

Overview

Prospects™ categories allow you to annotate your finances. Prospects™ provides you with a list of default categories/sub-categories. However, you have the capability to add/modify/delete categories at your discretion. Once you choose a category for a table entry, the assoicated category color will show up in the table, as well as in your ViewPoints. To change the default category color, see Modifying a Category. If you do not want the category color to show up in your transaction table, see "General Preferences".

Prospects™ allows you to drag-and-drop your categories/sub-categories between other categories or bring sub-categories out to be their own top-level category. Prospects™ automatically sorts the categories alphbetically so you are not able to specify order of categories/sub-categories, only placement under a top-level category or for sub-categories, placement as a new top-level category. To drag a sub-category out to become a main category, drag it to the very top of the table or the very bottom. Additionally, you can drag a category/sub-category from the category list directly to a transaction in the transaction table to assign it.

Sub-categories

Sub-categories are automatically created under whichever category you have selected at the time of the addition. If you want to change the location in which the category was created , drag and drop to the location of your choice.

Sub-categories are always computed as part of their parent category. Therefore, in the budget monitor or viewpoints, the amount of the sub-category will be part of the parent category. If Auto:Gasoline is $100 and Auto:Maintenance is $50, Auto will be $150. If the parent category Auto is $50 also, then the total would be $200. When creating budgets or looking at viewpoint data, this should be kept in mind.

Categories & ViewPoints

As mentioned in the sub-categories paragraph above, most of the ViewPoints will utilize the parent category (and its associateed color) when displaying data. Some ViewPoints will allow you to drill-down further into the sub-categories (which will then display the applicable sub-category color).

Managing Categories

To manage your categories, visit the corresponding Help page for more details.