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đŸŽŦ Watch the Video Tutorial

See how to create and manage accounts step by step.

â–ļī¸ Watch: Accounts & Account Management

📖 In This Guide

📱 Overview

Accounts are the foundation of your financial data in FinyxFin. This guide covers checking, savings, cash, and credit card accounts. Investment accounts are handled separately in the Investments guide.

🏧

Checking

Everyday spending accounts

🐷

Savings

Accounts for saving money

đŸ’ĩ

Cash / Wallet

Track physical cash

đŸ’ŗ

Credit Cards

Manage credit with limits & APR

📊 The Accounts Dashboard

Open the Accounts section from the sidebar to see all your financial accounts at a glance.

Dashboard Summary

At the top, you'll see a summary including:

  • Net Worth — Total assets minus total debt
  • Assets — Sum of all positive account balances
  • Debt — Sum of all negative balances (credit cards, etc.)

Filtering Accounts

Use the filter at the top to switch between views:

Filter What It Shows
Active Accounts currently in use (default view)
Archived Accounts you've archived
All Both active and archived accounts
ℹī¸ Note

The filter selection is not persistent — it resets to "Active" when you reopen the Accounts screen.

➕ Creating Accounts

1

Click Add Button

From the Accounts dashboard, tap the Add button

2

Select Add Account

Choose "Add Account" (not "Add Transaction")

3

Enter Account Details

Name, initial balance, and account type

4

Choose Color

Pick a color for easy identification

5

Create Account

Tap Create to finish

Creating a Savings Account

For savings accounts, simply enter the name, set your current balance, choose a color, and save. The account will appear in your list immediately.

Creating a Cash / Wallet Account

Cash accounts are useful for tracking physical money. Create one to monitor the cash in your wallet separately from your bank accounts.

✅ Automatic Updates

Once created, all accounts appear in the account list, and your Net Worth updates automatically to reflect the new balances.

đŸ’ŗ Credit Card Accounts

Credit card accounts have special features to track limits, interest, and due dates.

1

Enter Account Name

Name your credit card (e.g., "Chase Sapphire")

2

Enter Initial Balance

If you owe money, enter as negative (e.g., -500 for $500 debt)

3

Select Credit Card Type

Choose "Credit Card" — icon and behavior change automatically

4

Add Credit Card Details

Credit limit, APR, statement due date, last four digits

5

Choose Color & Create

Pick a color and tap Create Account

💡 Negative Balances for Debt

If you already owe money on your credit card, enter the balance as a negative value. For example, -$500 represents a five-hundred-dollar debt.

Credit Card Display

Once created, credit card accounts show additional information:

  • Credit Limit — Your maximum spending limit
  • Outstanding Balance — Current amount owed
  • Available Credit — Remaining credit available
  • Due Date — When payment is due
  • APR — Annual percentage rate for interest

📁 Archiving & Unarchiving

Archive accounts you no longer use to keep your dashboard clean without losing data.

How to Archive

  • On Mac: Right-click the account → select Archive
  • On iOS: Swipe left on the account → tap Archive
⚠ī¸ Net Worth Impact

Archived accounts no longer affect net worth calculations. Their balances are excluded from Assets, Debt, and Net Worth totals.

Viewing Archived Accounts

Use the Archived filter at the top of the Accounts screen to see all archived accounts.

How to Unarchive

To restore an archived account:

  1. Switch to the Archived filter
  2. Open the account or right-click it
  3. Select Unarchive

The account will return to your active list and its balance will be included in net worth again.

🔍 Viewing Account Details

Click on any account to open its detail screen.

What You'll See

  • Current Balance — The account's present value
  • Net Flow — Overall money movement
  • Transfers — Money moved to/from other accounts
  • Expenses — Money spent from this account
  • Income — Money received into this account
  • Upcoming Transactions — Scheduled future activity

You can filter transactions by month, year, or custom date range to focus on specific periods.

Available Actions

From the account detail screen, you can:

  • Edit Account — Change name, type, and metadata
  • Adjust Balance — Add, subtract, or set a new balance
  • Archive Account — Remove from active view
  • Delete Account — Permanently remove (cannot be undone)
ℹī¸ Edit vs. Adjust

"Edit Account" changes account details like name and type. To change the balance, use "Adjust Balance" instead.

⚖ī¸ Adjusting Account Balance

Need to correct an account balance? Use the Adjust Balance feature.

Three Adjustment Options

➕

Add Money

Increase the balance by a specific amount

➖

Subtract Money

Decrease the balance by a specific amount

đŸŽ¯

Set Balance

Replace the current balance with a new value

Examples

Current Balance Action New Balance
$1,000 Add $500 $1,500
$1,000 Subtract $200 $800
$1,000 Set to $750 $750
✅ Immediate Updates

All balance adjustments immediately update your Net Worth and dashboard summaries.

🗑ī¸ Deleting Accounts

⚠ī¸ Warning: Deletion is Permanent

Deleting an account is permanent. Once deleted, the account and all its transaction history cannot be restored. Always review carefully before confirming deletion.

Before Deleting, Consider:

  • Archiving instead — Keeps your data safe but hides the account
  • Exporting data — Save transaction history before deleting
  • Linked items — Check if transactions are linked to bills, loans, or goals
💡 Recommendation

If you no longer use an account but want to keep historical data, use Archive instead of Delete. You can always access archived accounts later.

❓ Frequently Asked Questions

Q: Can I change an account type after creating it?
Yes, you can edit the account and change its type. Go to the account detail screen and select Edit Account.
Q: Why can't I change the balance from Edit Account?
Balance changes use the dedicated "Adjust Balance" feature. This keeps account metadata (name, type) separate from financial adjustments.
Q: Do archived accounts affect my net worth?
No. Archived accounts are excluded from net worth, assets, and debt calculations. Unarchive them to include their balances again.
Q: How do I track investment accounts?
Investment accounts are handled separately through the Investments module. See the Investments guide for details.
Q: Can I have multiple credit cards?
Yes! Create a separate credit card account for each card you have. Each can have its own limit, APR, and due date.
Q: What's the difference between Cash and Checking accounts?
Functionally they work the same. Use Cash/Wallet for physical money and Checking for bank accounts. The distinction helps with organization.
Q: How do I transfer money between accounts?
Go to Transactions → Add → Transfer. Select the source and destination accounts, enter the amount, and save. See the Transactions guide for details.
Q: Can I recover a deleted account?
No. Deletion is permanent. If you might need the account data later, archive it instead of deleting.

đŸ’Ŧ Need Help?

📧 Contact Support

Email us at: support@finyxfin.com

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