Getting Started
Build the foundation of MoniTrak by adding the accounts, balances and financial activity that make up your everyday financial picture.
5 min readBEFORE YOU START
You do not need to complete every part of MoniTrak at once. Begin with your main financial accounts and build the workspace gradually.
Your main bank and cash accounts
Any credit cards you want to track
Current balances for those accounts
Recent financial activity you want visible in MoniTrak
STEP BY STEP
Add the account that holds your everyday cash first. This gives MoniTrak an initial cash position and creates the foundation for the rest of your workspace.
The Accounts Help section provides the full step-by-step process for adding and managing bank accounts.
Add other bank or cash accounts you want included in your financial picture. Keeping accounts separate lets you see individual balances while still understanding your broader cash position.
Accounts can have different purposes and currencies while remaining individually visible in MoniTrak.
Credit cards represent money you owe rather than available cash, so add them separately from your bank accounts. This keeps cash and card obligations clearly distinguished.
Keeping credit cards separate prevents an outstanding card balance from being mistaken for cash you can use.
Transactions add the financial activity behind your accounts and cards. Categorizing that activity helps MoniTrak organize spending and income for reporting and planning.
You can build transaction history gradually. Start with the activity you want MoniTrak to help you understand.
Recurring payments and installment commitments help keep repeated or ongoing obligations visible alongside the rest of your financial information.
Only add commitments that are relevant to the financial picture you want MoniTrak to maintain.
With your core financial information in place, you can start using MoniTrak's planning tools. Each one answers a different financial question.
You can start using MoniTrak before every planning feature is configured. Add planning tools when they become useful to you.
YOUR CORE WORKSPACE
Accounts and cards establish your position, transactions and commitments add context, and MoniTrak's planning tools build on top of that information.
NEED MORE HELP?
Visit the Help Center or get in touch if you can't find what you need.