Accounts & Snapshots
Accounts
An account is anything you own (an asset) or owe (a liability). Each account has:
- a name and institution,
- a category (asset or liability — fully editable),
- a visibility setting (Private / Shared read-only / Shared full access),
- optional liability details (APR, principal, minimum payment, payoff date),
- an optional auto-carry-forward flag,
- an optional tax treatment / retirement type (used by planning and the annual summary).
You can reorder accounts within their grouping (by asset/liability or by institution) with drag-and-drop.
Account lifecycle
Accounts move through three states:
| State | What it means |
|---|---|
| Active | Normal — appears in entry and all math. |
| Archived | Hidden from entry screens but still counted in net-worth math (history preserved). Use this for accounts you’ve stopped updating but don’t want to erase. |
| Deleted | Hard delete — removes the account and its entire balance history. This cannot be undone. |
Merging / consolidating accounts
When you close an account and move its money elsewhere, merge it into the destination account. This transfers the closed account’s history so your net worth doesn’t show an artificial cliff. Look for Merge in the account’s actions and pick the destination.
Snapshots
A snapshot is a single balance on a single date for one account. Snapshots are the foundation of every chart and metric.
Recording snapshots
- Single entry — set a date and a balance on an account.
- Grid / bulk entry — record balances for many accounts on the same date.
- Backfill — add older dates to extend your history backward.
- Import — bring in history from a CSV file (see Data & Export).
Dates are flexible
WorthSync does not force one snapshot per month. You can record balances on any dates you like. For period comparisons (month-over-month, year-over-year), WorthSync automatically uses the snapshot closest to each period boundary, so irregular entry still produces clean trends.
Missing-month nudges
WorthSync can detect months where you have no entry and gently remind you. You can dismiss a specific month’s nudge if you meant to skip it.
Contributions (optional)
Beyond balances, you can log contributions — deposits and withdrawals — on an account. These feed savings-rate and growth-vs-contribution analysis so you can tell real growth apart from money you added.
Frequently asked
- Do I have to enter balances every month? No. Enter them whenever; the math adapts.
- Can I fix a wrong balance? Yes — edit or delete any snapshot.
- Will archiving hurt my trend? No — archived accounts stay in the totals.
- Is deleting reversible? No. Deleting an account erases its history. Archive instead if you’re unsure.