Managing transactions in Focal is essential for keeping your financial records accurate and organized. This feature allows you to review, categorize, and exclude transactions across your bank accounts. The interface is designed to be intuitive, enabling you to filter, sort, and export data efficiently.
Procedure
Step 1: To access your transactions, navigate to Accounting > Bank Transactions.
Step 2: Use the filter options to narrow down transactions by Bank, Account, Merchant, or Date Range. Adjust the Start Date and End Date as needed and then click Submit to apply the filters.
Step 3: Utilize these different tabs for viewing and managing transactions.
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For Review: These transactions need to be assigned a categorization*. Also, you can click the ⚙️gear icon to show associated transactions or exclude them (i.e. put them under “Excluded”).
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Categorized: Transactions with assigned categorizations are placed here. Click the ⚙️gear icon for the following options:
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Show Transactions
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Exclude
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Edit Categorization
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Remove Categorization
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Excluded: All transactions you chose to exclude are placed here. Again, you can click the ⚙️gear icon to take further actions.
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Reconciliation (see )
*Click Add Categorization and enter the Primary and Secondary Accounts.
Note:
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Perform bulk exclusion by simply selecting multiple transactions and clicking the “Exclude transactions” button.
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To export transaction data, click the Export button. This will download the selected transactions in a CSV format for offline analysis.