AI Transaction Classification
Ledge AI reads every transaction that comes through your bank feed and assigns the right account code, GST treatment, and category — automatically, with 94%+ accuracy, in milliseconds.
No data entry. No dropdown menus for 500 transactions a month. Just review — or don't.
How it works
Transaction comes in via bank feed
Every transaction from your connected Australian bank account arrives in Ledgable in real time. No CSV imports. No manual entry.
Ledge AI reads the transaction
The AI reads the merchant name, amount, counterparty BSB, transaction type, and historical context — in milliseconds.
Category and GST code assigned
Ledge assigns the most likely account code, GST treatment (taxable, GST-free, input-taxed), and confidence score.
You review or approve
High-confidence transactions are auto-approved. Low-confidence ones are flagged for your review. Your overrides train the model.
The AI learns and improves
Every correction you make improves future categorisation for your account. The longer you use Ledgable, the less you need to review.
What makes it different
94%+ accuracy
On Australian business transaction sets. Measured on categorisation before user correction.
Confidence scoring
Every categorisation comes with a confidence level. Low-confidence items surface for review — high-confidence ones flow through.
Money Rules
Set rules to override the AI for specific merchants or patterns. Payroll runs from your specific BSB? Always Employee Expenses. Done.
GST-aware
The AI knows the difference between taxable, GST-free, and input-taxed supplies. It applies the right GST treatment automatically.
Learn from corrections
When you override, the AI records the correction. Next time the same pattern appears, it gets it right.
Zero data entry
You do not type account codes. You do not select from dropdown menus for every transaction. You review — or you don't.
Override the AI with Money Rules
The AI is smart. But you know your business better. Money Rules let you set permanent override patterns:
- All transactions from BSB 123-456 → Payroll
- Merchant name contains “AWS” → IT Infrastructure
- Amount exactly $432.00 recurring → Office Rent
- Transfers to account ending 5921 → Owner's Drawings
Ready to stop categorising transactions?
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