Accounts

Accounts hold your transactions: a checking account, a wallet, a credit card, a loan. Accounts lists them with their balances, and tapping one opens its register.

When choosing an account in a transaction, transfer, schedule or account closure, each option shows its icon, type, whether it is on budget or tracking, and Current balance. This balance counts transactions through today, including those not yet cleared. It excludes future-dated transactions and is not a prediction for the date you choose.

Budget and tracking accounts

When you add an account, you first pick its type. Types come in two kinds:

• On budget: checking, savings, cash and credit cards. Accounts you plan to spend from soon. Their money is budgeted in categories: income into them adds to Ready to Assign, and every transaction needs a category.
• Tracking: investments, loans and other assets or debts. They count toward your net worth but stay out of the budget, and their transactions have no category.

Each type starts on budget or tracking as listed, and On budget in the form switches it when you add the account; credit cards are always on budget. Neither the type nor that choice can be changed once the account exists: its settings rename it, give it an emoji Icon in place of its type's, set a card's billing days, and close or delete it. If you chose the wrong kind, add the account again with the right one and change the account of its transactions.

Starting balance

A new account asks for its current balance (for a card or a loan, the amount owed) and the date it is as of. Moneta records it as the account's first transaction, a starting balance.

On an on-budget account, the starting balance goes to the Starting balance category you pick on the same form (the first account, added while setting up the budget, always uses Starting Balance), normally Starting Balance in the Income group, so the money you already have lands in Ready to Assign. A card's starting debt, in that same category, comes out of Ready to Assign instead: the money to pay it has to come from somewhere. To pay an old debt off over time instead, see A credit card that already has debt.

Credit cards

Moneta treats a card purchase like any other spending: it takes the money from the purchase's category right away, the day you buy. The card's balance shows what you owe.

Paying the bill is a transfer from your checking account to the card. It moves money between two on-budget accounts, so it has no category and doesn't touch the budget: the categories were already charged when you bought. As long as your categories don't go negative, the money for the bill is there.

A purchase that you can't cover yet makes its category overspent, like any spending (see Overspending).

Billing days

In a card's settings you can set its closing day (when the bill closes) and due day (when it must be paid), from 1 to 31. Both are optional, but set both or neither. A day past the end of a short month falls on its last day. Moneta uses them to date installments.

Installments

A purchase on a credit card can be paid in installments: fill in Installments (up to 99) when you enter it. Moneta shows the plan before you save, for example "First $333.34, then 2 of $333.33": the first installment takes the cents left over.

• The first installment is entered now; the rest become a schedule that enters each one by itself a month apart, with the memo numbered ("TV 2/12").
• On a card with billing days, every installment, the first one too, goes on the due date of its bill. A purchase on the closing day goes on the next bill.
• Each installment is charged to the category in the month it is entered, so the budget follows what you pay each month.

The remaining installments show under Schedules, as "Installment 2 of 12", and in the card's upcoming list. A purchase you were already paying before goes in as a schedule from the next installment: see Installments already under way.

The register

An account's register lists its transactions, newest first. At the top you see the cleared balance (what the bank has already seen), the uncleared amount and the total. Balances are as of today: a transaction dated later, like a card installment on its bill's due date, shows as Upcoming and counts from its day on. Until then the register shows the balance Including upcoming too. Mark a transaction cleared with its checkbox when it shows up on your statement.

Money coming in shows in green with a +, money going out with a -, the same everywhere in the app. Balances and totals carry no color.

Each account also shows what is coming in the next 30 days from its schedules, and its balance projected 30 days ahead. See Scheduled transactions.

Reconcile

Reconciling checks your records against the bank. Open the account and choose Reconcile:

1. Moneta asks whether the bank shows your cleared balance. If it does, Yes, reconcile.
2. If it doesn't, enter the balance at the bank (and its date). Moneta shows the difference.
3. Look for transactions on the statement that are missing or not marked cleared, and fix them. Or, if you accept the difference, Add adjustment and reconcile, with a category for it.

Reconciling locks what you checked: reconciled transactions stay cleared, and the account shows the date it was last reconciled. You can still edit them, but Moneta warns you that changing an amount, date or account changes a balance you already checked with your bank.

Closing and deleting

• Close account when you stop using one. If money is left in it, choose the account it goes to: Moneta records a transfer for the whole balance, dated today, then closes the account (moving money into or out of the budget asks for a category, as any such transfer does). The amount moved includes future-dated transactions, even though the account choices show current balances. For a negative balance, choose the account the money comes from to clear the debt. A closed account keeps its history, shows under Closed, and can be reopened. Schedules on a closed account pause.
• Delete account and its transactions, at the bottom of that screen, removes the account with everything in it: its transactions, the other side of each of its transfers (so the other accounts' balances change too), and its schedules. Moneta lists what goes before you confirm, waits a few seconds, and lets you undo it right after. An account with nothing in it is deleted without the wait.

Picker search matches names and parts of words, ignoring case and accents. Enter picks an exact name before a partial match; create actions stay available for new names.