I've been tinkering with that the last few days. My main issue is that most of my bank statement descriptions are really bad. It's often impossible to know what the transaction was about just from the description. Local LLMs (9B parameters, I don't have the required hardware for bigger models) don't help at all as they don't know the context around the transaction.
I use Firefly III for my finances management, and in the end it is just much better to setup "dumb" rules that look for keywords in the description/IBAN numbers etc. I have about 30 of them and they cover 90% of my transactions.
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I've been tinkering with that the last few days. My main issue is that most of my bank statement descriptions are really bad. It's often impossible to know what the transaction was about just from the description. Local LLMs (9B parameters, I don't have the required hardware for bigger models) don't help at all as they don't know the context around the transaction.
I use Firefly III for my finances management, and in the end it is just much better to setup "dumb" rules that look for keywords in the description/IBAN numbers etc. I have about 30 of them and they cover 90% of my transactions.