If your goal is to do simple everyday expense/income tracking and budgeting then on Accounts screen enter only accounts that you use day-to-day: Checking, Main Saving, Credit Cards, Cash. Don’t enter Pension Saving accounts or Line-of-Credit or Mortgage accounts – there is separate place for those rarely-used accounts. Rule of thumb: enter only accounts that would have more then 3-4 transactions a month.
Reducing the number of accounts that you see on the main Transaction screen will simplify big picture analysis especially if you have a lot of credit cards.
If you want to track investments then you have two options:
1) Simplified version: Enter investments on the Net Worth screen: either as individual funds/stocks or even as the bulk sum per account. You won’t enter transactions against those lines – you will just change account balances once per quarter.
2) Detailed version: If you are a serious trader and you want to enter transactions for investment accounts then on Accounts screen set up each fund or investment position as a separate account.
If you want to track both everyday expenses and investments – the most effective way would be to install Moneyble twice. One install/spreadsheet for everyday budgeting. Another install – specifically for investments.
Important to understand: tracking everyday expenses is very different from tracking investments. If you are just looking at where to start – start with everyday expenses first – you will worry about investments after.
Moneyble is best suited for day-to-day Income / Expense tracking and budgeting. Investments tracking is under development currently. And we are always looking for suggestions. If you have good-looking spreadsheet that you love – send it to us (change your amounts first ). We will consider adding your spreadsheet to Moneyble package.