Use the Payee Rules Manager to adjust payee names

You can use the Payee Rules Manager to change the words that Money automatically excludes from payee names. (For example, you might want to exclude common words, such as Check.) You can also use this tool to match variations of a payee name to the name that you prefer to use.

Click Banking, click Account Tools, and then click Categories & Payees.
In the left pane under View, click Payees.
In the left pane under Common tasks, click Go to Payee Rules Manager.
To change the words that Money excludes when matching payee names, in the Excluded payee names list, select a name. Click Add, Delete, or Edit, and then follow the instructions.
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To match variations of a payee name to the name you prefer to use, in the Preferred payee name list, select a name. Next to Payee name variation, click Add, Delete, or Edit, and then follow the instructions.

Notes

You cannot rename payees that have automatic payments or e-bills associated with them because Money needs to match the exact name to make the payment.
When Money matches payee names, it excludes the words that are in the the Payee Rules Manager list, but still matches the words that have not been excluded. For example, if you have a transaction with the payee name of Woodgrove Bank Check #1234 and you chose to exclude the word Check when you matched payee names, the new payee name would be Woodgrove Bank #1234.
In addition to excluding common words, you can also exclude numbers and symbols so that Money shows only standardized payee names.