Adding Accounts

You can add a new account by clicking the + at the bottom under the Source list and selecting New Account. You can also use the File menu. You can add accounts manually or, if you have direct connect service from your bank, you can use that to add the account.

When you add an account, you will be shown the New Account Guide. Follow the steps to automatically download account details, if supported by your financial institution, or to add an account manually.

Manual Accounts:

1. Select "Add an Account Manually" on the New Account panel.
2. Click Continue.
3. Set the account options. You can see the available options listed below. Some options are not required, but you should at least set the account type, the currency, and give it a name so you can recognize it later.
4. You can also enter a current balance and date.

You can set the following options while creating an account:

• Type - The choices are checking account, savings account, credit card, loan/line of credit, investment account, cash account, and money market account.
• Name - This is the name you give to the account. It should be descriptive enough for you to identify the account.
• Memo - You can enter a note for informational purposes.
• Routing # - The routing number for your bank.
• Account # - The account number. The "Routing #" and "Account #" values are only necessary if you are using direct connect banking or if you download QFX or OFX files from your bank's web site.
• Currency - Sets the default register currency for every transaction in that account. It also drives the currency formatting for the accounts list and reports.

Direct Connect Accounts:

1. Type part of your bank's name in the search field.
2. When you find your bank in the list, click to select it.
3. Click Continue.
4. Enter the username and password or PIN that the bank gave you. This varies between banks. Sometimes it is the same as the login for their online banking web site. Other times a bank will use a different username and/or password for direct connect.
5. The "Connect As" setting controls how MoneyWell identifies itself to the bank's server. The default setting will usually work, but if you encounter problems, try one of the other choices.
6. Click Continue.
7. MoneyWell will get a list of your available accounts from the bank. You can add some or all of the accounts. Urcheck any that you do not want to add. Double-click the "Name" field if you want to give the account a different name.
8. Leave the "MoneyWell Account" set to "(new account)" unless you had previously created this account in MoneyWell.
9. Click Continue.

MoneyWell will download any available transactions from your bank. If there are transactions that are not available to be downloaded, MoneyWell will set an initial balance transaction to account for the older transactions.

Editing Accounts

To edit an existing account, double-click on the account in the Source list or right-click on the account and select Edit Account from the menu. Whether it's a new or existing account, you can change the settings in the Account info popover.

When you edit an account, you can change all of the options that were available while creating accounts. Additionally, you can change the following options:

• Hidden - Toggle the visibility of an account in the Source list.
• Default to bucket optional - Set new transactions in this account to not require a bucket assignment. This is especially helpful for loan and investment accounts.
• Include in Net Worth - Include account on the Portfolio view and in net worth reporting.
• Include in Cash Flow - Include the balance of this account when comparing accounts to the bucket balances.

Online Banking - If your financial institution offers direct connect banking, MoneyWell will let you download your account information directly from it. The "Connect" pop-up is typically set when you add a new account, but you can set it manually here. The balance and connection information is filled in from the last successful connection.

Reset Date - Normally, MoneyWell limits the range of transactions requested from the bank to only include transactions after the last successful download. Use this button to tell MoneyWell to download all available information from your financial institution on the next connection. This can be useful if some past transactions were not downloaded from the bank. The date shown to the left of this button will be used to limit the next connection and is set by a successful connection.