Patent Document ID: 7966329
Application ID: 12182731
Patent Status: 1

Claim One:
1. A method for categorizing financial transactions, comprising: identifying a vendor of the first financial transaction; performing a first operation to categorize the financial transaction according to a first categorization level; identifying the financial transaction as unable to be categorized by the first categorization level after performing the first operation, wherein the first categorization level complies with a first categorization scheme; performing a second operation to categorize the first financial transaction according to a second categorization level based on the identification of the financial transaction as unable to be categorized according to the first categorization level, wherein the second categorization level complies with a second categorization scheme; identifying the financial transaction as unable to be categorized by the second categorization level after performing the second operation; categorizing the first financial transaction according to a third categorization level to define the vendor category based on the identification of the financial transaction as unable to be categorized according to the second categorization level, wherein the third categorization level complies with a third categorization scheme; displaying the vendor category; and categorizing, with the vendor category, a second financial transaction associated with the same vendor as the first financial transaction, wherein the first categorization scheme differs from the second categorization scheme.