categorization-rules

What problem does it solve?

This Skill provides clear decision logic and rules for assigning transactions to the correct General Ledger accounts, ensuring accurate financial reporting and simplifying tax preparation.

Core Features & Use Cases

• Account Selection Logic: Guides the classification of expenses, revenue, assets, and liabilities based on business purpose and tax treatment.
• Vendor-to-Account Mapping: Offers patterns for mapping common vendors to appropriate GL accounts.
• CapEx vs. OpEx Determination: Helps distinguish between capital expenditures and operating expenses.
• Use Case: When faced with a new vendor payment, use this Skill to determine the correct GL account, whether it's a deductible expense, and if it should be capitalized.

Quick Start

Use the categorization-rules skill to determine the correct GL account for a payment to 'Office Supply Co.' for $150.