In short
Cash is the account type for current accounts, savings and cash on hand. There's no separate type for a household cash box. You only use Other for loans or memberships.
Manual cash account
- You book Actuals on this account. Booking on Actuals opens a new row. The account is required on every row.
- The account value is the booked net (income minus spending) until you set a starting balance or import a statement with a closing balance.
- Bank name and IBAN are optional. Leave them out, for example for a travel kitty.
Connected cash account
- The bank provides the balance. The account value is the bank's latest figure, not the sum of 90 days of bookings.
- A manual Actuals booking as a correction doesn't change the bank figure.
Cash at a broker
A broker's available cash (for example eToro) is a sub-account in Activity, not in Actuals.
Don't switch a cash account that has Actuals to Other or Depot. Connected accounts keep their type so new data lands in the right place.
In the app
- Accounts
You’ll find these areas in Westara after signing in.