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Help center · Accounts

How to create a new account

Tap "New account" on the Accounts page. Fill type-specific fields.

Last updated: 2026-05-242 min read

On this page

To create a new account in Extrack, open the Accounts page and tap "New account" (top-right). Fill in the "Account label" (placeholder: "e.g. SBI Bank, Cash"), pick a Type, set the opening balance (label varies — "Starting balance", "Credit limit", "Principal owed (opening)" or "Principal lent (opening)"), fill any type-specific fields, and save.

Steps

  1. Accounts → "New account"

    Top-right button on the Accounts page. Opens the New account modal.

  2. Pick a type

    Dropdown lists: Checking / savings, Credit card, Loan, Investment, Other. The opening-balance label and extra fields shift based on the type you pick.

  3. Name it (Account label)

    Short and unique — "HDFC Salary", "Amex Plat", "Home loan". Placeholder reads "e.g. SBI Bank, Cash".

  4. Set the opening balance

    The field label adapts: "Starting balance" (Checking, Investment, Other), "Credit limit" (Credit card), "Principal owed (opening)" or "Principal lent (opening)" (Loan).

  5. Fill type-specific fields

    Credit card: "Statement closes (day)", "Payment due (day)", "Annual fees", "Min. annual spend", "Annual fee renewal date". Loan: optional person link, "Loan start date", "Term (months, optional)", "Interest rate % p.a. (optional)". Investment: start date, duration, interest rate. Checking: "Min. average balance (optional)".

  6. Save

    Account is live; every transaction picker now lists it.

Frequently asked

Can I import history from my bank?

No — Extrack is user-entered. Set the opening balance to whatever the bank shows today and log forward from there.

Is there a limit on number of accounts?

No hard limit. Most users have 3–15.

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