In this image, the categories can be seen in the left dropdown and the more specific subcategories can be seen on the right. You can add new categories and sub-categories, rename existing categories, merge similar categories and delete categories you don't need. However, you are free to customize the category list to fit your specific needs. Quicken provides a comprehensive list of default categorizes. This grouping is displayed in reports and graphs that help you easily analyze your transactions. In Quicken, categories and subcategories are used to classify and group your transactions. However, you should consider the use of categories as required, whereas Tags are optional. Tag s add another layer of power to reporting and managing your transactions.
Categorized transactions drive several key features: Reports and Graphs, Tax Reporting, and Budgets. Associating categories with your transactions is a fundamental part of Quicken.
