Purpose:

Accuscore is the core feature of Cheqbook!  The red, yellow, blue and green icons that every transaction is labeled with tell you exactly which transactions need attention.  

Explanation: 
 

Here's how AccuScore provides a quick look at the classification status of each transaction:

No categorization: Transactions that have not been categorized. These transactions require your attention.

Categorized by the vendor: Transactions categorized based on vendor flags we receive with the transactions from your bank. These transactions should be reviewed.  This approach is reasonably accurate but is not perfect. 

Categorized by past user history: Transactions categorized based on user history. These transactions are likely ok and can be left as blue.  Blue transactions will not start showing until you start categorizing - then the system learns.  See the detailed link on how this works below.

Uncleared: Transactions that are waiting to automatically match with a transaction downloaded from the bank. Matching is based on several things, including: check number, amount, and date.  This type of transaction allows you to keep an actual running register balance with both bank cleared and uncleared transactions.

Categorized by the user. Transactions categorized based on your input. These transactions are probably fine because it has already been edited.  (If they're not it's human error).

How to Work with AccuScore:

Generally we recommend you categorize the red transactions.  These were not categorized at all and need your attention first.  You will find as you teach Cheqbook how a vendor should be categorized, that the transaction you're working on turns green, and all the other transactions with that same vendor description get categorized for you automatically and turn blue.

Then, we recommend you carefully review the yellow transactions.  If you would like to mark that the transaction is fine, just click on the yellow icon and it will turn green.  This will also teach Cheqbook and allow it to mark similar transactions blue.

Third, the blue transaction usually need a light review, depending on how new your set of books is.  We find new users should review more carefully, but most of these should be fine.  If you do find a blue transaction is wrong, you have to determine if it's an isolated incident, then just change the transaction right there.  However, if the blue engine is wrong and you want to change how it categorizes those transactions, see the link below regarding recategorizing transactions for a Payee.

Fourth, the green transactions do not require systemic review.  They may still be wrong, but those errors would be the same for any accounting system, in which some errors occur.  Your accountant or supervisor will hopefully be double checking everyone's work and find any material ones. 

Finally, you can work these in three directions:

• open the register and scroll down working everything that you think needs attention, using the color codes as your guide.
• open a particular register (say bank account) and filter only the red or yellow transactions say for a particular date range.
• click on the red, yellow, or other icons at the top of the dashboard to immediately open an all accounts view of all the transaction currently coded to that color.

Interestingly, we find that experienced Cheqbook users have scores that reflect how they work.  All green transactions means they're reviewing everything.  Mostly blue transactions means they have trained the blue coding engine well and trust it.  Mostly red and yellow haven't started or are lost and confused.  But, you've just read this, so you know exactly what to do!

Actions:

Click to view all red transactions.

Click to view all yellow transactions.

Click to view all blue transactions.

Click to view all uncleared transactions.

Click to view all green transactions.

How to Categorize:

Just a few hints on how to categorize.  As you work your registers and property categorize transactions follow these steps:

• First, tabbing moves between fields, enter saves a transaction.  Don't hit enter until you're done.
• Check the date - if a check cleared much later and you want to date it say in the prior year, just change the date.  Most of the time you can leave this alone but at year end it can become increasingly important.
• Enter a clean vendor description:  the bank vendor description might be "Starbucks23345 debit" and you really want to have some nice clean vendor names, so just replace this with "Starbucks".
• For the category, you may start typing any part of an account you want, like "Meals and Entertainment" for the Starbucks transaction, by the time you type M E A the list will filter down to the one you need.  Arrow down and select.
• At this point you can usually save the transaction.
• SPLIT TRANSACTIONS: if you need to split a particular vendor between accounts categorize it first to the account it will normally fall in, then save.  After you save hit "More" and you'll be able to enter the split details into other accounts.

By the way, hitting more on any transaction gives you a lot more options, like seeing the actual bank details (like original date) even if you changed that. 

Additional Resources:

https://help.cheqbook.com/hc/en-us/articles/223330927-How-the-Blue-Categorization-Engine-Works-Mapping

https://help.cheqbook.com/hc/en-us/articles/223331287-How-to-recategorize-all-transactions-for-a-Payee