category
is the journaled category that has been assigned to the transaction and determines how the transaction will be journaled to the general ledger of the business in Layer’s systems. When Layer has high confidence in the category of a transaction, this will be set automatically. It can also be populated using input from the end user on your platform.categorization_flow
is Layer’s recommended approach for categorizing the transaction. In some cases, this will be automatically categorizing the transaction without any human input. In other cases, Layer will recommend prompting the end user to select from a list of suggested categories.PUT
request to the Categorize Bank Transaction endpoint. Transactions can be recategorized after an original categorization is assigned, however this will change reports for any time period including the transaction.
categorization_method
field will be populated to identify how the category was set (ex. “API”)
Even after categorization, the categorization_flow
and nested suggestions
array are retained on the Bank Transaction object so that they can be re-displayed in a UI if a user wants to recategorize.