Fold's in-house F1 engine identifies recurring transactions for subscriptions like YouTube, Google, Netflix, and Apple, as well as bills such as rent, EMIs, and utilities.
Here are some reasons why Fold is not able to auto-detect your transactions:
- Missing Tags and Merchants: You haven't added tags or merchants to your transactions.
- Due Date Mismatch: The due date set may not match the date you made the payment; custom due dates can cause inconsistencies.
- Frequency: Cross-check that the correct frequency is set for your recurring expenses; transactions can be a little hard for the F1 engine to track if how frequently the transactions occur is not specified.
By keeping these things in check, you can enhance Fold's ability to correctly detect transactions for your recurring expenses.