Financial Mastery Guide

1. Major Head: The broadest category (e.g., Bank Accounts, Investments, Credit Cards).

2. Minor Head: A sub-group (e.g., Savings Accounts, Equity, Visa Cards).

3. Account (Micro Head): The specific entity (e.g., Chase Bank, Robinhood, Apple Card).

🤝 "On Account" - Informal Tracking

Use the On Account feature when money is in "limbo" with another party.

• Scenario: You lend $100 to your friend Bob.
• The Entry: Record a transfer from your Cash to Bob (On Account).
• Relevance: Your cash is gone, but Bob owes you. Your Networth stays stable because Bob is now a "Receivable Asset".

💳 Credit Card Mastery

• Billing Cycle: The duration (e.g., 1st to 30th) where your spends are tracked.
• Due Date: The day you must pay the bank (e.g., 15th of next month).
• Billed Amount: Spends already captured on your last statement.
• Unbilled Amount: Spends since your last statement generated.

💡 Insight: The app automatically tracks Utilization. If you use >30% of your limit, we'll warn you to protect your Credit Score.

🏠 Loans & EMI

EMI (Equated Monthly Installment) is the fixed payment made to a lender.

• The app calculates the Interest vs Principal split for every payment.
• Interest Rate: The annual percentage the bank charges you.
• Outstanding Balance: The actual principal remaining to be paid.

Auto-Record Magic

Tired of manual entries? The app handles two types of automatic recording:

1. Recurring Transfers/Subs: Set up a Subscription (e.g., Spotify). On the next due date, the app prompts or automatically records it.
2. Loan EMIs: If "Auto-Record" is enabled on a loan, the app creates a transfer from your Bank to the Loan account on the due date, ensuring your balance is always accurate.

Encryption at Rest

In Ultra Secure Mode, your entire database is encrypted using AES-256 before being written to disk. If your phone is stolen, the data is just random gibberish without your Master Password.

WebDAV & E2EE

E2EE (End-to-End Encryption) ensures that even the sync server cannot read your data.

To set up WebDAV Sync:

1. Provide your WebDAV URL (from Nextcloud, Koofr, etc.).
2. Input Username and Password.
3. Set a Remote Master Password. This password generates the key that encrypts your file before it leaves the phone.

The 3-2-1 Backup Strategy

Financial data is irreplaceable. Follow this professional industry standard:

• 3 Copies of Data: (1) The live app, (2) Local Backup, (3) Remote Sync.
• 2 Different Formats: Use internal DB format and periodic CSV exports.
• 1 Offsite Copy: Always keep a copy in a different physical location (WebDAV cloud).

Password Hygiene

Your Master Password is the only key to your data. There is NO "Forgot Password" button (to keep it private).

Best Practice: Use a passphrase of 4 random words (e.g., "blue-mountain-coffee-desk"). It is easy to remember but impossible for computers to guess.