Tutorial

Using NumeroMoney

Welcome to NumeroMoney – a simple, easy-to-use web application that helps you understand where your money goes. This tutorial will guide you through getting started, importing your bank statements, categorising transactions, and making sense of your spending.

Table of Contents

  1. Getting Started
  2. Creating a Bank Account
  3. Importing Your First Bank Statement
  4. Categorising Transactions
  5. Managing Categories
  6. Setting Up Budgets
  7. Understanding Your Spending
  8. Advanced Features
  9. Pro Features
  10. Tips and Best Practices

Getting Started

Creating an Account

  1. Visit the NumeroMoney homepage and click "Start Free Today" or "Get Started Free"
  2. Register using your email address or sign in with Google/Microsoft
  3. You'll automatically receive a 30-day Pro trial with access to all features
  4. No credit card is required to get started

Dashboard Overview

Once logged in, you'll see your Bank Accounts dashboard. This is your central hub for:

  • Creating new bank accounts
  • Viewing existing accounts
  • Accessing your transactions and spending insights

Creating a Bank Account

Before importing transactions, you need to create a bank account in NumeroMoney. This represents your real-world bank account.

Steps to Create a Bank Account

  1. Click "Create Bank Account" from the dashboard
  2. Enter a name for your account (e.g., "Current Account", "Savings Account")
  3. Timezone: NumeroMoney automatically detects your timezone from your browser settings. Change this if your bank account operates in a different timezone.
  4. Currency: Your local currency is auto-detected. Adjust if your bank account uses a different currency (e.g., USD, EUR, GBP).
  5. Click "Create" to save

💡 Tip: Use descriptive names like "Barclays Current" or "HSBC Savings" to easily identify accounts if you have multiple.

Importing Your First Bank Statement

NumeroMoney supports multiple bank statement formats to work with virtually any bank.

Supported Formats

Format Description
CSV Comma-separated values (most common)
OFX Open Financial Exchange
QFX Quicken Financial Exchange
QBO QuickBooks Online format

How to Download a Statement from Your Bank

  1. Log in to your online banking
  2. Navigate to your account statements or transaction history
  3. Look for an "Export" or "Download" option
  4. Select CSV, OFX, QFX, or QBO format
  5. Choose your date range and download

Importing into NumeroMoney

  1. Navigate to your bank account in NumeroMoney
  2. Click "Import Statement" or the import button
  3. Select your downloaded statement file
  4. AI-Assisted Format Detection: NumeroMoney will automatically detect your bank's format and map the columns

CSV Import Options

For CSV files, NumeroMoney provides intelligent column mapping:

  • Date Column: The column containing transaction dates
  • Description Column: The column with transaction descriptions
  • Amount Column(s): The column(s) containing amounts (some banks use separate debit/credit columns)
  • Date Format: The format used for dates (auto-detected in most cases)

💡 Tip: You can save your import format for future uploads, making subsequent imports even faster.

Categorising Transactions

Categorisation is the key to understanding your spending. NumeroMoney makes this process quick and intuitive.

The Categorisation Process

  1. View your imported transactions
  2. For each uncategorised transaction, select a category from the dropdown
  3. NumeroMoney learns from your choices and suggests categories for similar transactions

AI-Powered Category Suggestions

After categorising a few transactions, NumeroMoney will:

  • Remember your category choices for specific merchants
  • Suggest categories based on transaction descriptions
  • Speed up categorisation of recurring transactions (like monthly bills)

Quick Category Assignment

  • Click on a transaction to select it
  • Choose a category from the dropdown
  • For multiple similar transactions, use the suggested category feature

💡 Tip: Spend time categorising your first statement thoroughly. NumeroMoney will recognise these patterns and make subsequent statements much faster to process.

Managing Categories

NumeroMoney allows you to create a custom category structure that matches how you think about your spending.

Creating Categories

  1. Click "Categories" from your bank account view
  2. Click "Add Category" to create a new category
  3. Enter a name (e.g., "Groceries", "Entertainment", "Bills")
  4. Optionally set a parent category to create a hierarchy

Hierarchical Categories

Create parent and child relationships for detailed tracking:

Bills (Parent Category)
├── Energy Bills
├── Water
├── Council Tax
└── Internet

Food & Drink (Parent Category)
├── Groceries
├── Restaurants
├── Coffee Shops
└── Takeaways

This structure allows NumeroMoney to show:

  • Total "Bills" spending
  • Individual subcategory breakdowns
  • Drill-down from high-level to detailed views

Transfer Categories

Mark categories as "Transfer" to:

  • Identify money moved between your own accounts
  • Exclude transfers from spending calculations
  • Get accurate spending totals that don't count internal transfers

Income Categories

Mark categories as "Income" to:

  • Track salary, dividends, and other income
  • Separate income from expenditure in reports
  • View income vs outgoings analysis

Setting Up Budgets

Budgeting in NumeroMoney is optional and non-prescriptive. Set budgets only for the categories you want to track.

Creating a Budget

  1. Navigate to the Categories page
  2. Click "Edit" on a category
  3. Enter a Budget Amount (e.g., 500)
  4. Select a Budget Period:
    • Monthly: For regular monthly spending (groceries, entertainment)
    • Yearly: For annual expenses (car insurance, subscriptions)
  5. Save your changes

Yearly vs Monthly Budgets

NumeroMoney uniquely supports both:

Budget Period Best For Example
Monthly Regular expenses £400/month for groceries
Yearly Annual payments £1,200/year for car insurance

When viewing monthly reports, yearly budgets are automatically adjusted (e.g., £1,200/year shows as £100/month adjusted).

Overall Budget

Set an overall spending budget to track your total expenditure across all categories.

💡 Tip: Unlike other budgeting apps, NumeroMoney doesn't force you to budget every pound. Budget what matters to you and ignore the rest.

Understanding Your Spending

Charts and Visualisations

NumeroMoney provides multiple ways to visualise your spending:

Pie Charts

  • See spending distribution across categories
  • Quickly identify largest spending areas
  • Interactive – click segments to drill down

Bar Charts

  • Compare spending across categories
  • View trends over time
  • Month-over-month comparisons

Category Breakdown

The category breakdown shows:

  • Total Amount: Spending per category
  • Percentage: What portion of spending each category represents
  • Budget Comparison: How actual spending compares to budget (if set)
  • Transaction Count: Number of transactions per category

Click on any category to view the individual transactions that make up the total.

Income vs Outgoings

View the balance between money coming in and money going out:

  • Total income
  • Total outgoings (excluding transfers)
  • Net position

Filtering Your Data

Use filters to focus on specific data:

  • Date Range: Select specific months or custom date ranges
  • Category: Filter to specific categories
  • Description Search: Find transactions by description text
  • Amount: Filter by transaction amount

Charts and breakdowns automatically update based on your filters.

Advanced Features

Transaction Notes

Add notes to any transaction for future reference:

  1. Click on a transaction
  2. Add your note in the notes field
  3. Notes appear when you drill down into grouped data

Example uses:

  • "Birthday present for Mum"
  • "Quarterly subscription renewal"
  • "Reimbursed by employer"

Split Transactions

For purchases spanning multiple categories:

  1. Click the Split button on a transaction
  2. Allocate portions to different categories
  3. The split controls maintain the total as you adjust amounts

Example: A £100 supermarket shop split into:

  • £70 Groceries
  • £20 Household
  • £10 Pet Food

Sharing Bank Accounts

Share your transactions with others (e.g., partner, financial adviser):

  1. Navigate to your bank account
  2. Click "Share"
  3. Enter the email address of the person to share with
  4. Choose their access level

Shared users can:

  • View your transactions
  • Help with categorisation
  • See the same charts and breakdowns

Tips and Best Practices

Getting the Most from NumeroMoney

  1. Be Consistent: Use the same category names and structure across accounts
  2. Categorise Regularly: Don't let uncategorised transactions pile up
  3. Use Subcategories: Create detailed hierarchies for better insights
  4. Review Monthly: Check your spending breakdown at month-end
  5. Set Meaningful Budgets: Only budget categories you want to actively track

Organising Your Categories

Example Category Structure:

Income
├── Salary
├── Freelance
└── Other Income

Bills
├── Mortgage/Rent
├── Energy
├── Water
├── Council Tax
├── Phone & Internet
└── Insurance

Living Expenses
├── Groceries
├── Transport
├── Healthcare
└── Clothing

Lifestyle
├── Entertainment
├── Dining Out
├── Hobbies
└── Holidays

Transfers
├── Savings Transfer
└── Account Transfer

Handling Different Bank Formats

If auto-detection doesn't work perfectly:

  1. Check the preview before importing
  2. Manually adjust column mappings if needed
  3. Save the format for reuse with future statements from the same bank

Multiple Bank Accounts

For a complete financial picture:

  1. Create separate bank accounts for each real account
  2. Use consistent categories across all accounts
  3. Mark transfers between your accounts as "Transfer" category

Need Help?

  • Demo Video: Watch our 3-minute demo on the homepage
  • Support: Contact us through the website
  • Updates: We regularly add new features based on user feedback

Summary

NumeroMoney helps you:

✅ Import bank statements in multiple formats
✅ Categorise transactions with AI-powered suggestions
✅ Visualise spending with beautiful charts
✅ Budget flexibly with monthly or yearly periods
✅ Share with family members or advisers
✅ Understand exactly where your money goes