Balance Adjustment
What does this do?
Reconciles differences between recorded account balance and real-world statement balance. Excluded from income, expense, and bucket totals.
How to do it
- Tap 'Update Balance' on Accounts to record actual balance.
- The difference is calculated automatically and saved as an adjustment.
- In reports, this transaction is tagged as a balance adjustment.
Why it matters
Unreconciled balances silently distort all reports and net worth metrics.