What is a memorized transaction?
Memorized transactions ( also called regular transactions) are used for your convenience to speed up transaction data entry. When you create a new transaction, all the details you enter such as sums, categories and classes are memorized and associated with the payee for that transaction. Next time you enter the payee that is the same as in the memorized transaction, all the other details of the transaction are filled in automatically. This comes very handy for entering recurring transactions such as monthly/annual bills, incomes, etc.