Bank category evidence describes classification information received with the bank record. Check the transaction’s business purpose before approving an accounting category, even when the bank’s label looks familiar.
The provider label can describe the merchant’s general activity rather than the exact purchase. A broad retailer, marketplace or payment processor can represent several different business purposes.
Review with source evidence
- Compare the bank description and amount with the receipt, invoice or other source record.
- Identify what the company bought or why money moved. For a transfer or card payment, look for the corresponding account movement.
- Use the company’s available chart categories and the relevant transaction review control to record the supported treatment.
If the bank evidence includes a confidence label, it remains supporting information. It does not establish a tax deduction, complete an accounting review or remove the need to resolve missing context.
When a category is uncertain, preserve the source description and add a specific explanation of what remains unknown. Avoid a broad recurring rule until you know that matching future charges represent the same purpose. A rule based on a familiar merchant alone can carry a mistaken assumption into later reviews.
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