Expense Tracking
Automatic Expense Tracking with AI
March 14, 2026
The era of manual recording is over. With artificial intelligence, it's possible to automate much of expense tracking. Discover how PaxMoney's AI revolutionizes this process.
How AI extraction works
PaxMoney uses Google Gemini AI to automatically extract financial data from:
- •Bank PDFs: Checking account and credit card statements
- •Brokerage notes: Investment operations
- •Photographed receipts: Take a photo and AI identifies amount, date, and category
- •Password-protected PDFs: Yes, PaxMoney processes even protected PDFs
- •Documents up to 80 pages: Ideal for long statements
The process is simple: import the document, review the extracted data, and confirm. AI does 90% of the work.
CSV and Excel import
Besides AI, PaxMoney allows importing data via CSV and Excel:
- •Migrate from spreadsheets: If you already track expenses in Excel, import everything at once
- •Banking data: Many banks allow exporting statements as CSV
- •Flexible mapping: Configure which columns correspond to date, amount, category, and description
This feature is perfect for those who want to migrate from another system to PaxMoney without losing history.