Patent ID: 8862512

Claim:
A computerized method for developing a financial transaction data profile, the method further comprising: receiving a plurality of financial documents, wherein the financial documents comprise transactional data, wherein the transactional data comprises a plurality of transactions that occur over a period of time and an instruction to exclude a transaction of the plurality of transactions associated with one financial document of the plurality of financial documents, the instruction to exclude inputted by a user in the one financial document of the plurality of financial documents; extracting at least a portion of the transactional data from the plurality of financial documents; uploading the transactional data extracted from the plurality of financial documents to a computer system; organizing the transactional data in the computer system so that the transactional data is grouped into at least one category comprising at least one transaction; determining a purpose of the at least one transaction of the at least one category based on a type of account used in the at least one transaction and a time period associated with the at least one transaction; removing a categorized transaction of the at least one transaction from the at least one category based on the instruction to exclude; sending an alert upon exceeding a maximum percentage threshold, wherein the maximum percentage threshold is based on the total value of the at least one transaction that is grouped into the at least one category divided by the total value of the plurality of transactions; and storing the categories in the computer system for presentation to a user in a financial transaction data profile.