Default Transaction Types
Transaction types in SEE Finance helps to make tracking your transactions easy. You mark
transactions as falling into particular transaction type. Some of these transaction types automatically identify
the transaction as having an impact on the account as either positive (like "Deposit") or negative
(like "Direct Debit"), others allow for either (like "ATM"). Using transaction types you can track your spending
habits across all your accounts. Many common transaction types are supplied with SEE Finance. These default
transaction types cannot be deleted. Check out the information below to find out more about the default transaction types
in SEE Finance.
***Note: Many of the default transaction types and all custom transaction types can have their amount restrictions customized.
For example by default the "POS" type will allow either negative or positive amounts for transactions (due to refunds), but you can
set the "POS" type to only allow negative amounts if desired.***
ATM |
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The "ATM" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Charge |
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The "Charge" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Check |
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The "Check" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Deposit |
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The "Deposit" transaction type will require a transaction to have a positive transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Direct Deposit |
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The "Direct Deposit" transaction type will require a transaction to have a positive transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Direct Debit |
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The "Direct Debit" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Fee |
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The "Fee" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Online |
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The "Online" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
POS |
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The "POS" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Transfer |
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The "Transfer" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Withdrawal |
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The "Withdrawal" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Payment |
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The "Payment" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Interest |
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The "Interest" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Paycheck |
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The "Paycheck" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Credit |
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The "Credit" transaction type will require a transaction to have a positive transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Debit |
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The "Debit" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Balance Adjustment |
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The "Balance Adjustment" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Buy |
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The "Buy" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Buy to Open |
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The "Buy to Open" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Buy to Close |
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The "Buy to Close" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Sell |
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The "Sell" transaction type will require a transaction to have a positive transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Sell to Open |
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The "Sell to Open" transaction type will require a transaction to have a positive transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Sell to Close |
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The "Sell to Close" transaction type will require a transaction to have a positive transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
LT Cap. Gain |
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The "LT Cap. Gain" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
MT Cap. Gain |
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The "MT Cap. Gain" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
ST Cap. Gain |
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The "ST Cap. Gain" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Dividend |
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The "Dividend" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Investment Interest |
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The "Investment Interest" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Margin Interest |
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The "Margin Interest" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Reinvest Dividend |
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The "Reinvest Dividend" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Reinvest Income |
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The "Reinvest Income" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Reinvest LT CG |
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The "Reinvest LT CG" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Reinvest MT CG |
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The "Reinvest MT CG" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Reinvest ST CG |
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The "Reinvest ST CG" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Misc. Inv. Expense |
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The "Misc. Inv. Expense" transaction type will require a transaction to have a negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Misc. Inv. Income |
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The "Misc. Inv. Income" transaction type will require a transaction to have a positive transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Return of Capital |
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The "Return of Capital" transaction type will allow a transaction to have either a positive or negative transaction amount. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts |
Shares In |
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The "Shares In" transaction type will allow a transaction to have either a positive or negative transaction amount. This transaction type will cause a transaction's amount to have no effect on an account's balance. |
Shares Out |
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The "Shares Out" transaction type will allow a transaction to have either a positive or negative transaction amount. This transaction type will cause a transaction's amount to have no effect on an account's balance. |
Investment Split |
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The "Investment Split" transaction type will allow a transaction to have either a positive or negative transaction amount. This transaction type will cause a transaction's amount to have no effect on an account's balance. |
Notes:
- When entering transactions in asset, income, banking, loan (lending) and investment accounts, positive transaction values increase the account's balance (and increases your net worth) and negative transaction values decrease the account's balance (and decreases your net worth).
- When entering transactions in liability, credit card, and loan (borrowing) accounts, positive transaction values decrease the account's balance (and increases your net worth) and negative transaction values increase the account's balance (and decreases your net worth).
- Many of the default transaction types and all custom transaction types can have their amount restrictions customized. For example by default the "POS" type will allow either negative or positive amounts for transactions (due to refunds), but you can set the "POS" type to only allow negative amounts if desired.
See also
Transaction Types
Creating Transaction Types
Deleting Transaction Types
List of Payees, Types & Categories Topics