BILLY has set up an intelligent system for categorizing your transactions 🙌 This allows you to manage your business account in just a few minutes each month.

👉🏻 Learn more about who needs to categorize their bank transactions.

BILLY intelligently categorizes your transactions. Several scenarios:

A. We are certain of the category

In this case, we apply the correct category. If it's an Expense with an invoice, we link the corresponding invoice.

B. We are unsure about the category

If we have any doubt, we will suggest a category to you.

⚠️ If you spot a categorization error, let us know via chat. This will help us improve the system.

C. We can't find any category

We couldn't find the category. It's up to you to find it ✨

Belgian accounting is based on documents. The income tax code specifies that an expense is deductible if it is based on a supporting document (art. 49 CIR). Most of your expenses are therefore justified by invoices. In this case, the category to select is Expense with Invoice. You will then need to link the corresponding invoice 👇🏻

For income, you select Income with Invoice and then link the corresponding invoice.

If you haven't imported an invoice for your income or expense, then you have three options.

⛔ Only if you haven't issued a sales invoice.

Otherwise, you will record the income twice: once through the sales invoice and once through the payment categorization.

The choice of expense categories is deliberately limited to avoid errors. We have included categories for which there are generally no invoices.

The categories below do not impact your income or expenses (and therefore your results). It's a reminder classification to help organize your accounting.

For any additional questions, feel free to reach out to us via the live chat at the bottom right! 😊

See you soon 👋

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