Accounts

Accounts Overview

Accounts is your source of truth for where money currently sits.

Think of this screen as a map of your financial containers:

• Bank/savings accounts
• Cash wallets
• Credit cards
• Special-purpose accounts

How different users can use this:

• First-time budgeters: Track allowance, cash, and savings pockets clearly.
• Working professionals: Separate salary, spending, and emergency accounts.
• Household planners: Separate household, long-term goals, and obligation-focused accounts.

Daily/weekly routine:

1. Verify balances look reasonable.
2. Check if any account is missing recent activity.
3. Open any account that looks abnormal.

Account Details

Account Details is where you validate behavior and history for one account.

What to review here:

• Recent transactions for that account only.
• Inflow/outflow pattern and unusual spikes.
• Linked usage context (for example, card-linked spending).

Use cases:

• Check whether daily discretionary spending is under control.
• Review salary credits, subscription debits, and repayment outflows.
• Confirm household bills and recurring commitments are routed correctly.

Best practice:

• Reconcile one account at a time when cleaning data.
• Fix category/tag errors here before they propagate into analytics.

Add or Edit Account

Use Add/Edit to keep account setup accurate and clean.

Typical fields and what they control:

• Account name: Human-readable label used across the app.
• Account type: Determines behavior in summaries and some workflows.
• Opening or baseline value: Improves reporting continuity.
• Optional matching metadata: Helps automated scan/reconciliation flows map correctly.

Recommended setup checklist:

1. Use clear names that remain meaningful after 1 year.
2. Keep account type accurate to avoid reporting distortions.
3. Avoid duplicate accounts for the same real-world source.
4. Update old account names instead of creating near-identical new ones.

For parents/household planners:

• Keep individual and household accounts clearly separated by naming.
• Add purpose in name if needed (example: “School Expenses Card”).

Credit Card Behaviors

Credit cards behave differently from cash/debit accounts, so use this section carefully.

Key concepts:

• Card spend increases outstanding liability, not “available cash.”
• Payment entries reduce card dues.
• Statement or due-cycle context impacts upcoming alerts and planning.

How to stay accurate:

1. Link card usage and repayment accounts correctly.
2. Reconcile card transactions regularly, not only at month-end.
3. Track card repayments as repayments, not as normal spend categories.

For different usage levels:

• Shared/family cards: track spend separately for accountability.
• Single-card workflows: prevent revolving debt and late fee surprises.
• Multi-card workflows: optimize due-cycle cash-flow timing.