Help center · Accounts
Account types explained
Five account types and a synthetic "Lent" filter for per-person receivables.
On this page
Extrack supports five account types: Checking / savings, Credit card, Loan, Investment and Other. The Accounts page also shows a synthetic "Lent" filter pill that surfaces only Loan accounts created as per-person receivables (named "{Name}'s Lent"). The type controls which extra fields the form exposes — statement day for cards, principal/term for loans, and so on.
Checking / savings
Bank accounts and cash. The opening-balance field is labelled "Starting balance". One extra optional field — "Min. average balance (optional)" — if your bank requires a target minimum.
Credit card
For every card you carry a balance on. Opening-balance label switches to "Credit limit". Extra fields: "Statement closes (day)", "Payment due (day)", "Annual fees", "Min. annual spend", "Annual fee renewal date". A note under the form reads "Positive annual fees create a yearly template on Recurring."
Loan
Two uses: money you have borrowed (home loan, personal loan, EMI) or money you have lent (per-person receivables, auto-created when you split or lend to someone). Opening-balance label switches to "Principal owed (opening)" or "Principal lent (opening)". Extra fields: optional link to a person from the directory, loan start date, term in months and annual interest rate — informational, no auto-amortisation.
Investment
Mutual funds, stocks, FDs, RDs. Extrack does not auto-fetch prices. Extra fields: investment start date, duration in months, annual interest rate. Update value periodically by posting an Income (for gains) or Expense (for losses) against the account.
Other
Catch-all for anything that does not fit — PayPal balance, USDC wallet, friend's safe-keeping. Behaves like Checking / savings with no extra fields.
Frequently asked
What is the "Lent" filter pill?
A synthetic chip next to the Loan type filter that narrows the list to per-person Lent receivables only (Loan accounts named "{Name}'s Lent" that were auto-created from splits/lends). Useful for a quick "who owes me what" view.
Can I change an account type later?
Yes — edit the account and pick a different type. Transactions stay; type-specific fields update.
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