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Adding Accounts

Add an account manually or let MoneyWell talk to your financial institution and download your account information. You can have as many accounts as you need to track your cash flow. Simply add one account for each bank or credit card account that you use for your transactions.

Manual Account Entry Panel

To download your accounts:

  1. Follow the steps in Downloading Accounts

Not all financial institutions allow you to download account information so you may need to add an account manually.

To add an account manually:

  1. Select File > New Account
  2. Ignore the financial institutions list and select the Add an account manually option instead
  3. Click Continue
  4. Select the account type
  5. Type a name for the account
  6. Fill in the starting balance and date of this amount
  7. Optionally, type comments about the account in the memo and fill in the routing and account number fields
  8. Set the currency if it's different from your default system preference
  9. Click Continue to create the account
  10. Optionally, drag the account up and down the account list to reorder the accounts (a line will appear between accounts when you can release it)

MoneyWell gives you the option of creating a "Cash Account." This is a special type of account that allows you to transfer cash directly from another account so you can create and assign buckets to smaller cash transactions in the cash account without messing up your bank account statement reconciliation. Although you are allowed to create more than one cash account, it's recommended that you only have one in each document. This way, MoneyWell can create the automatic transfers from cash only transactions to a single cash account without confusion.

See also

Downloading accounts
Deleting accounts
accounts