Accounts - Recontrol

Everything you track has a balance, and it changes only when a transaction touches it. A hand-kept account’s balance is the sum of its history; a connected one shows what its bank reports.

Household's Assets on the web: their total over six months, where they're held, and each account's balance, with the four classes in the sidebar.

Class	Is	Examples
Assets	What you have	Checking, cash, a fixed deposit, a brokerage account
Liabilities	What you owe	A credit card, a home loan
Income Sources	Where money comes from	Salary, freelance clients, interest
Expenses	Where money goes	Groceries, rent, eating out

Assets and liabilities are positions: what stands at a moment. Income sources and expenses are activity: what passed over a period. Each class is read on its own, never netted into one figure. “Account” means an asset or a liability. An expense is a category and an income item a source; they hold no money, only count what passes through. A side you leave blank isn’t named: the transaction shows only the side you did name, and keeps the books balanced until you sort it. See Accounts and classes.