Every transaction you do with your Lili card or your Lili account should be categorized. By swiping left or right on your expense tab, you need to first tag a transaction as a personal expense or a business expense. If it’s a personal expense, you’re done. But if it’s a business expense, it needs to be tagged with a subcategory (Travel, Office Expenses, Meals…) for your reports. There are some instances where Lili pre-selects the category for you, but if you’d like to change it, you can pick one that’s a better fit for that expense.
If, by mistake, you chose the wrong category, you can always update it by clicking on the specific transaction, in the Transactions page, and then click on the category to see the list of categories. From there, choose the new category that you want listed for the transaction.
The following is a list of Lili's plans and the transaction types that they can categorize:
| Lili Plan | Categorized Transaction Types |
| Lili Basic | No categorization available |
| Lili Pro | Expense transactions only |
| Lili Smart / Premium | Income and Expense transactions |
For a full list of the available income and expense categories, please go here.
The expense report is available on a quarterly and yearly basis.
Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC. The Lili Visa® Debit Card is issued by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC, pursuant to a license from Visa U.S.A., Inc. Please see the back of your Card for its issuing bank. The Card may be used everywhere Visa debit cards are accepted. Wire Transfer service provided by Column Bank N.A., Member FDIC. All wires are subject to acceptance criteria and risk-based review and may be rejected at the sole discretion of Column Bank N. A. or Lili App Inc.