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Creating Accounts

Learn how to add bank accounts, credit cards, assets, and loans to track your finances

Accounts in Financio represent where your money lives. You can track bank accounts, credit cards, cash, investments, valuable assets, and loans all in one place.

Adding an Account

  1. Go to Tracking → Accounts.

  2. Click Add Account.

  3. Under Type of Account, choose the type you want to add.

  4. Fill in the account details and click Save.

  1. Open the Tracking tab and tap Accounts.

  2. Tap + in the top right.

  3. On the Add Account screen, under Type of Account, choose the type you want to add.

  4. Fill in the details and tap Save.

Account Types

Financio supports six types of accounts:

TypeUse For
Bank AccountEveryday transaction accounts, savings accounts
Credit CardCredit cards with optional limit tracking
CashPhysical money you want to track digitally
InvestmentBrokerage accounts for stocks, ETFs, and other investments
AssetProperty, vehicles, jewellery, and other valuables
LoanHome loans, car loans, HECS, and other debts

Choose the Right Type

The account type affects how balances are displayed and calculated. Bank accounts and assets add to your net worth, while loans subtract from it.

Required Information

Every account needs:

  • Account Name: A nickname to identify the account (e.g., "ANZ Everyday", "Emergency Savings")
  • Starting Balance: The opening balance when you begin tracking
  • Starting Balance Date: When that balance was accurate

Optional Settings

You can also configure:

  • Bank: Select from a list of Australian banks (helps with organisation)
  • Currency: Set when you create the account (AUD is the default). It can't be changed afterwards.
  • BSB and Account Number: For bank accounts and loans. See below.
  • Include in Net Worth: Toggle whether this account affects your net worth calculation
  • Show Balance: Hide sensitive balances from the accounts list

BSB and Account Number

Bank accounts and loans can record a BSB and account number. Both are optional, and neither is needed for anything to work, but filling them in has one practical benefit.

When you share a PDF statement into the Financio iPhone app, it reads the BSB and account number printed on the statement and pre-selects the matching account for you, so you don't have to pick it from a list. See Importing from PDFs and Screenshots.

Financio matches on the account number, and only when exactly one of your accounts has it. A BSB is shared by every account at a branch, so it's used to confirm a match rather than make one. If nothing matches, or two accounts share the same number, you're simply asked which account to use. Very short account numbers (fewer than five digits) are ignored for matching.

You can enter them however they're printed, "012-266" and "012266" are treated the same.

Where to Find Them

Your BSB and account number appear at the top of any bank statement, and in your banking app's account details screen.

After Creating

Once you create an account, you can:

  • Add transactions manually or import them from bank statements
  • View the running balance over time
  • Edit the account details at any time
  • Delete the account (this also removes all transactions)

Importing Transactions

After creating a bank account or credit card, you can import transactions from a CSV or QIF file exported from your bank, or on iPhone from a PDF statement or screenshots of your banking app. Cash accounts are manual entry only, and assets don't have transactions.

Next Steps

← Back to Accounts