AI features
MoneyMatter uses AI to sort your transactions, read statements and invoices, and keep trackers up to date. This page lists every AI feature, where to find it, and what your plan includes.
All AI settings are in one place. Click the gear button (Settings) at the top right of the app, then choose AI under Workspace. It has three tabs:
- AI Features: which model powers each feature, and how much of this month’s included AI you’ve used.
- AI models: add your own model, such as an Anthropic, OpenAI or Gemini key, or a model running on your own computer.
- Connectors (MCP): connect Claude or ChatGPT to your data.
Transaction categorization
Section titled “Transaction categorization”AI picks a category for your transactions based on their description and merchant, choosing from your own category list. You can always change the category it picked.
- Automatically after a bank sync. New uncategorized transactions from a bank connection are sent to AI a few seconds after they arrive. Transactions you add by hand aren’t.
- On demand. Open Transactions in the sidebar, then Optimizations, and choose AI categorization. The Categorize tab runs it over transactions you pick, and History shows what it changed.
- During a CSV import. AI match links each category name in your file to the closest existing category. See Import from CSV.
A payee’s AI categorization setting decides whether AI may replace that payee’s default category. See Payees.
Statement Parser
Section titled “Statement Parser”Upload a bank statement (PDF, CSV or TXT), a receipt or a screenshot from your banking app, and AI pulls out the transactions for you to review and import. It’s handy when your bank only gives you PDFs.
Find it under Settings → Import/Export, on the Import tab: Import from any Text Source. See Import from any Text Source.
Investment transactions import
Section titled “Investment transactions import”AI reads an exchange export, a broker statement or pasted text and extracts your buy and sell transactions.
Open a portfolio, click Import transactions above its holdings, and choose AI Import.
Attach invoice Plus
Section titled “Attach invoice ”Drop in an invoice or receipt, and AI reads it and finds the transaction it belongs to. In AI Settings it’s called Invoice matching.
Attach invoice is in the arrow menu next to Add transaction at the top of the app. Plus includes it. Without Plus, you get 5 free tries. See Attach invoice free tries.
Smart tracking Plus
Section titled “Smart tracking ”Smart tracking fills a tracker for you. You describe what belongs in it, for example “Two weeks in Greece: flights, ferries, rental car, island hotels”. Every night, AI checks new and edited transactions against that description. Sure matches are added to the tracker for you, and the rest wait for your review. In AI Settings it’s called Tracker matching.
To turn it on, open Planned → Trackers in the sidebar, create or edit a tracker, and switch on Find matching transactions for me under Smart tracking. The tracker needs a start date. Also look before the start date catches flights and hotels you booked in advance.
Budget suggestions
Section titled “Budget suggestions”When you start budgeting, AI arranges your recent spending categories into named groups and lines, and reads your answers to the setup questions. The amounts never come from the AI. This always uses MoneyMatter’s included AI, not your own model.
Claude, ChatGPT and other AI assistants
Section titled “Claude, ChatGPT and other AI assistants”You can also connect your own AI assistant, such as Claude or ChatGPT, to your MoneyMatter data over MCP. Then you can ask it about your money in plain language, and let it add or fix records if you allow that. This runs on your assistant’s account, not on MoneyMatter’s AI, and it’s included in every plan.
See Connect Claude or ChatGPT.
Which plan includes AI
Section titled “Which plan includes AI”Every AI feature runs either on MoneyMatter’s included AI, which needs no setup, or on your own model, which you add on the AI models tab.
| Feature | Plus and the 40-day trial | Essential and Early Adopter |
|---|---|---|
| Transaction categorization, Statement Parser, investment import | Included AI | Your own model (Early Adopter: included AI too) |
| Attach invoice | Included AI | 5 free tries on the included AI |
| Smart tracking | Included AI | 14-day free trial, then your own model |
| Budget suggestions | Included AI | Included AI |
| Claude or ChatGPT over MCP | Yes | Yes |
MoneyMatter’s included AI
Section titled “MoneyMatter’s included AI”Plus includes MoneyMatter’s AI for every feature, and so does the 40-day trial every new account starts with. The Early Adopter plan includes it too, with two exceptions: Attach invoice gives 5 free tries, and Smart tracking gives a 14-day free trial.
The included AI comes with a monthly allowance. Included AI usage on the AI Features tab shows how much you’ve used. The allowance resets on the 1st of every month, and Plus gets more each month than the trial and the Early Adopter plan. Statement parsing, categorization, invoices, Smart tracking and budget suggestions all share it.
When the allowance runs out, features that use the included AI pause until it resets. To keep going before then, connect your own model, or subscribe to Plus if you’re on the trial.
Your own model
Section titled “Your own model”On any plan, you can add your own model on the AI models tab: an Anthropic, OpenAI or Gemini key, or any OpenAI-compatible endpoint such as OpenRouter or a model running on your own computer. Your AI provider bills you directly, and your own model never counts toward the allowance.
- Once you add a model, every feature uses it. To keep the included AI for one feature, pick it for that feature on the AI Features tab. That only works while your plan includes the included AI.
- If your own model stops working, the feature pauses and AI models marks the model with a warning. It doesn’t switch to the included AI on its own, so your data only goes to the provider you chose.
- Some limits stay. Your own model doesn’t lift the 5 free tries of Attach invoice, and budget suggestions always use the included AI.
Smart tracking free trial
Section titled “Smart tracking free trial”Smart tracking is a newer Plus feature. On Essential or the Early Adopter plan, the first time you turn it on for a tracker starts a free 14-day trial, even if it then runs on your own model. You get one trial per account, and it never restarts.
If Smart tracking was already on from a plan that included it, for example after you move from Plus to Essential, the tracker shows a Start free trial button instead. Read-only accounts can’t start the trial.
When the 14 days are over, upgrade to Plus or connect your own model to keep it running. You can always turn Smart tracking off.