💳How to create and manage accounts in FIN

Why do you need the functionality of accounts?

The accounts functionality is designed to help FIN users structure their finances more efficiently. This is especially useful for those who have multiple sources of income (e.g., salary, freelance) or expenses (cards, credit accounts, cash).

User case 1:

Bryan has three sources of income: a salary on her bank card, money from freelancing (PayPal), and a small business selling handmade goods. She creates three separate accounts for each source to keep track of income and expenses for each area separately.

Use case 2:

Cindy often travels abroad and pays for his expenses with cards in hryvnia, euros, and dollars. With FIN accounts, he keeps track of his balances in each currency, controlling his travel expenses.

Main features

1. Create accounts: Allows you to organize your finances in the form of separate accounts.

2. Linking transactions to accounts: Each expense or income is linked to a specific account.

3. Edit accounts: You can change the name, balance, or delete accounts if you no longer need them.

4. Displaying the total balance: All accounts are automatically summarized to show a complete picture of your finances.

Account management panel

What is displayed in the panel?

In the "Total in accounts" panel you will find:

Account block in the desktop version of FIN AI

• Total balance: This is the sum of all assets and liabilities, which allows you to quickly assess your financial situation.

• Accounts list: All your created accounts with their balance.

• Control buttons:

1. "+" - creating a new account.

2. "Pencil" - opens the menu for editing invoices.

3. "Eye" - hides or shows account balances (handy if you're showing the app to other people).

How to create an account?

Adding a new account

Steps to create a new account:

1. Click the "+" in the Accounts panel.

2. The Add New Account window appears. In this window, fill in the following information:

• Account currency: For example, USD, EUR. This is the currency in which the account balance will be calculated.

• Name of the account: Give a clear name (for example, "Mono Card" or "Cash").

• Starting balance: Enter the initial amount you have in this account.

1. Once completed, click the "Add account" button.

The currency selection determines the unit of measurement for this account. For example, if you create an account in USD, all transactions related to this account will be displayed in USD.

User case:

Maria created a USD account with a starting balance of $100 to track the funds she receives from clients abroad.

How do I edit an invoice?

List of created accounts

Steps for editing invoices:

1. Click Pencil in the invoices panel.

2. A list of all created accounts appears.

3. Tap the Pencil icon next to the account you want to select:

• Change its name.

• Adjust the initial balance (the current balance will automatically change).

Important notes

• Account limit: You can create up to 10 accounts in the basic version of the app.

• Deleting accounts: You can delete an account only if there are no transactions associated with it. If there are, they must be transferred to another account or deleted.

• Linking transactions: Each financial transaction in FIN must be linked to a specific account. If an account is not selected, the transaction is not saved.

This guide allows you to easily create, edit, and manage accounts in FIN, providing convenience and full control over your finances.