I’m getting tired of constantly cleaning up messy payee names from my bank in Lunch Money. It would be incredibly helpful to have a built-in option to automatically tidy them up.
YNAB has a great explanation of how they handle this in their blog post:
https://www.ynab.com/blog/clean-payees
“Recently, there have been incredible advances in “Large Language Models” (LLMs). LLMs—ChatGPT is an example many people have heard about—are programs that make it possible to process language in a “natural” or “fuzzy” way that we couldn’t before. Whereas traditional programs need to be told exactly how to turn “wholefds” into “Whole Foods”, new language models can be programmed to recognize things that simply look like “Whole Foods”. In fact, in a manner of speaking, they actually do now let us write code that asks, “What do you think this messy payee should be?”
So before, that old messy payee looked like this:
wholefds bnd 2 10/20 #xxxxx#### purchase wholefds bnd 104 bend
And now, the cleaned up payee looks like this:
Whole Foods”
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💡 Feature Request
5 months ago

Bjørn
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In Review
💡 Feature Request
5 months ago

Bjørn
Get notified by email when there are changes.