Money in and out5 min read
Accounts
An account is anywhere money sits. Every income entry, expense and transfer names one, which is why nothing else in the app works until at least one exists.
Adding an account
/accounts- Name
- What you call it day to day.
- Type
- Cash, bank, credit card, debit card, wallet, investment, receivable or payable.
- Currency
- Can differ from your base currency. Entries are converted for reporting.
- Opening balance
- What was in it when you started tracking.
How balances change
/accountsBalances are derived from entries, never typed. Recording income raises a balance, an expense lowers it, and a transfer does both in one atomic operation so the two sides can never disagree.
Note: Deleting a paid entry reverses its effect on the balance. The app warns you before it does.
Recalculating
/accountsAdmins can recalculate balances from the underlying entries. You should not normally need it, but it exists to prove the ledger and the balances agree.
Inside an account
/accountsOpening an account shows every income entry, expense and transfer that touched it, which is the view to use when reconciling against a bank statement.