Transaction categorization that actually posts the books

Yes. Connect Claude or ChatGPT and it categorizes each transaction against your own chart of accounts, one row or a whole month at a time. Under the hood every category posts a balanced double-entry journal entry, so the books stay correct, not just labeled.

Yes. LedgerMCP remembers the category each merchant was last posted to and suggests it next time, and that memory updates every time you correct something. You can also write durable rules, like a specific Zelle payment is always rent, that every future session follows.

One charge can post across several categories in a single balanced entry, as long as the lines sum to the total. That covers a Costco run that was part groceries and part supplies, or a loan payment split into principal against the loan and interest as an expense.

Tell it, or fix it yourself in the app with one click. Because postings are immutable, a correction is a linked reversal plus a fresh entry, never a silent edit. Your history stays complete, and the suggestion engine learns the merchant so it does not repeat the mistake.

Yes. Bulk categorize was built for catch-up and migration: many transactions in one call, each posting independently with its own entry, so one bad row never blocks the rest. Most backlogs clear in an afternoon.

They are booked as transfers, never as income or expense, so moving money from checking to savings does not distort your P&L. LedgerMCP detects the likely matching leg and you confirm it; it never auto-matches on its own.

Categorize it to Owner’s Draw and the books still tie to the bank. The reverse case, a business expense you paid with a personal card, posts as an expense against Owner’s Contribution. Both keep cash-basis books honest without a second bank account.