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Formula needed to auto categorize budget
Our take
To automate the categorization of your budget transactions, you can use a formula that references your LIST tab for applicable categories. By leveraging functions like VLOOKUP or INDEX-MATCH, you can search for each transaction in column N of your BUDGET tab and retrieve the corresponding category from your LIST tab. This approach streamlines your budgeting process, ensuring that your transactions are categorized accurately and efficiently, allowing you to focus on managing your finances rather than manual data entry.
I want my budget to automatically categorize my transactions. I have a tab made up of all the different transactions that go through my bank account and next to each is the applicable category. I need a formula that will search the transaction list and enter the applicable categories.
This is my BUDGET tab. O is the column I would like to enter a formula in to automatically enter the category based on the information in N
This is my LIST tab, within the same spreadsheet
Thank you in advance!
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