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Making Information More Useful

ROP V3 Support

Richer or Poorer

Support for V3 and later


Accounts

An ACCOUNT holds a series of real balances over time.  These are entered by you whenever it makes sense or is convenient for you.  For example, you could have an account for a savings account in a bank, another to hold the changing value of your house over time and another to hold the amount you owe on a mortgage or credit card.

An ACCOUNT holds a series of BALANCES on specific dates.  

An account can represent a bank account (e.g. Savings), a loan (e.g. Credit Card), an asset (e.g. Car Value), a liability (e.g. Money I Owe Mom) or anything else that can be represented as a series of balances.

Let's look at one of the sample accounts provided when you first start the app "Sample Cash".  Here is a screen shot of the ACCOUNT screen with this one shown.

Simulator+Screen+Shot+-+iPhone+8+Plus+-+2019-06-10+at+16.51.04.jpg



This chart shows the change in balances over time for the account.

  • Tap one of the “Period” labels (“1 M” … “All”) to change the range of dates charted.

  • The white circles on the chart show dates where you have stored an event.

  • The red line shows how your balances are trending during the displayed period.

  •  You can change the chart colours used on the “Settings & Support” page.  

 

HOW CAN I CHOOSE THE ACCOUNT TO DISPLAY?

Tap the “Account List” button on the top left to see a list of all available accounts. It will look something like this.


Simulator Screen Shot - iPhone 8 Plus - 2019-06-10 at 16.54.50.png

The accounts will be grouped into:

  • Open Asset accounts - an asset is something you OWN

  • Open Liability accounts - a liability is something you OWE

  • Closed Asset accounts

  • Closed Liability accounts

Just tap the account you want to display or edit.

HOW CAN I ADD A NEW ACCOUNT?

  1. Tap the "+" button on the top left of the Accounts list screen.

  2. Enter a name for the account and select whether this is an Asset or a Liability.  

  3. Tap “CREATE account”

      

HOW CAN I ADD A NEW BALANCE TO THIS ACCOUNT?

  1. First select the account that you wish to add the balance to.

  2. Scroll down the displayed screen with the chart and tap “Show / Edit BALANCES & EVENTS”.  

  3. You will be taken to the BALANCES screen. Tap the “+” button at the top-right.

  4. Today’s date will be chosen by default and the last balance shown.

  5. Overwrite the balance amount (as a positive number), change the balance date if needed and enter an Event description if desired.

  6. Tap “SAVE” when ready.

 

HOW CAN I CHANGE AN EXISTING BALANCE OR EVENT IN THIS ACCOUNT?

  1. First select the account in which you wish to change the balance or event.

  2. Scroll down the displayed screen with the chart and tap “Show / Edit BALANCES & EVENTS”.  

  3. You will be taken to the BALANCES screen. Tap the corresponding balance entry you wish to change.

  4. Change the balance amount (as a positive number), change the balance date if needed and enter an Event description if desired.

  5. Tap “SAVE” when ready.

 

HOW CAN I DELETE AN EXISTING BALANCE IN THIS ACCOUNT?

  1. First select the account in which you wish to change the balance or event.

  2. Scroll down the displayed screen with the chart and tap “Show / Edit BALANCES & EVENTS”.  

  3. You will be taken to the BALANCES screen. Tap the “Edit” button at the top-right.

  4. Tap the red “-” icon on the balance entry or entries you wish to delete.

  5. Tap “Done” when ready.

 

HOW CAN I RENAME AN EXISTING ACCOUNT?

  1. First select the account that you wish to rename.

  2. Scroll down the displayed screen with the chart and tap “RENAME account”.  

  3. Enter the new name.  

  4. Tap “RENAME Account”. 

 

HOW DO I DELETE AN EXISTING ACCOUNT?

  1. Make sure you are on the Accounts list screen.

  2. Next tap the "Edit" button on the top left of the screen.  

  3. Tap the red “-” icon on the account name you wish to delete.

  4. Tap “Done” when ready.

  5. NOTE: deleting an account will remove all the existing balances and events associated with that account.  You will get a chance to "Cancel" out before the account is deleted.

 

HOW DO I EXPORT DATA FOR AN ACCOUNT TO AN EXTERNAL FILE?

  1. NOTE: this exports all balances, dates and events for the account to an external file for use as a backup or to use in another program (like Excel).

  2. First select the account that you wish to export.

  3. Scroll down the displayed screen with the chart and tap “EXPORT account data”.  

  4. The EXPORT account screen will be displayed.

  5. Tap the “Start EXPORT” button.

Additional information on the format of the Export file and how to access it can be found here.

 

HOW DO I IMPORT DATA FROM A PREVIOUS EXPORT?

  1. NOTE: this imports all balances and events from an external file previously generated by the Export command. These are added to the currently selected account. You would normally create a new empty account and then import data into it.

  2. First select the account (usually empty) that you wish to import the data into.

  3. Scroll down the displayed screen with the chart and tap “IMPORT account data”.  

  4. The IMPORT account screen will be displayed.

  5. A list of available import files will be shown. Tap on the desired file name.

  6. If the file is in the correct format the balances and events will be imported.

Additional information on the format of the Export file and how to access it can be found here.

 

HOW DO I SHOW A FORECAST FOR THIS ACCOUNT?

  1. First select the account that you wish to display the forecast for.

  2. Select “All” for the period to ensure the TREND LINE is calculated on all available data. You can use any period if desired to limit the data on which the trend is calculated.

  3. NOTE: forecasts are only displayed for OPEN accounts.  A CLOSED account would not have any balances in the future.

  4. Scroll down and tap "FORECAST future balances".  

  5. A new screen will now show balances calculated every 3 months into the future for 25 years. The balances are calculated using the TREND LINE for the real balances in your account.

  6. NOTE: a quadratic best fit TREND LINE calculation is used.

 

HOW DO I SET THE ACCOUNT STATUS TO OPEN OR CLOSED?

  1. First select the account that you wish to change the status of.

  2. An OPEN account is one you are still using.  Forecasts are generated for this type of account.

  3. A CLOSED account is one that had balances in the past but it is no longer needed.   The last entered balance would normally be 0.  Note: forecasts are not generated for closed accounts.

  4. Scroll down to the bottom of the chart screen and select either “Open” or “Closed”.