Managing Accounts
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Whether you are looking update the display name, override the synced currency, update a manually-managed balance, or merge and delete accounts, all account details, advanced settings and actions are managed via the Accounts page!
Clicking anywhere on the account’s row in the table will open the 'Edit Account' panel on the right-side of the page. From this panel, you can see detailed account information, manage account settings, and perform a range of actions.
Keep in mind that the fields, settings and actions displayed would differ depending on the account type (synced, manual, or crypto). The institution name and balance fields cannot be edited for synced accounts.
For synced accounts, there are a number of advanced settings that can be enabled or disabled to define how the synced transactions in that account will be imported, managed and displayed:
Do not import transactions - Toggle this on to disable importing transactions to the account, regardless if they are supported. Balance updates will still occur, but transactions will no longer import
Earliest import date - If set, transactions before this date will not automatically import. Updating this field will not remove existing transactions, but may trigger a fetch for new transactions from the set date to the present.
Allow modifications to transactions - By default, synced accounts do not allow manual transaction creation. Toggling this setting on will enable adding manual transactions and editing transaction amounts for automatically synced accounts. Please note that the balance of the account will not be modified from these changes and will continue to be synced and updated exclusively via Plaid.
Use original transaction name - By default, synced transactions will display Plaid’s cleaned-up merchant name. By toggling this setting on, transactions will instead display the original, raw transaction name. You will be prompted to choose whether to apply this retroactively, or enable it for future transactions only.
Use authorized date - By default, Lunch Money uses the authorized_date field to populate the date field of imported transactions. Toggle this off to use the normal date field instead. You can view this information by clicking into an imported transaction and then clicking on "View Plaid metadata".
Override synced currency - If synced transaction amounts aren’t matching the account’s currency, use this setting to select a currency that will override the currency of the account returned by Plaid.
For manually-managed accounts, the advanced settings can be enabled or disabled to define how the account will be treated and used within Lunch Money:
Set as default account - Enable this to set this as the default account when adding new transactions. This means that instead of new manually-added transactions defaulting as "Cash transaction" for the account, they will be set to this default account selected.
Do not track transactions - Enable this to only track the balance for the account. The account will no longer show up under the dropdown of accounts to choose from when creating or updating transactions and other items.
Mark as closed - Enabling this option will mark the account as closed and you will be able to set the exact date it was closed on. Transactions and balance history will remain intact and will still show up in the Net Worth Tracker and for filtering purposes and analytics, yet the account will no longer appear in the drop-down menu when creating or updating transactions.
Whether you started out with a manually-managed account and now wish to start syncing it, or accidentally ended up with the same account twice, you can use the merge feature to combine two accounts into one!
When your accounts are merged, the transactions, recurring expenses and associated rules will migrate over to the new account that you are merging into. You will also be able to decide which account's balance to keep.
As this is an irreversible process, please make sure to carefully pick the correct accounts to merge.
The option to merge accounts is accessed via the 'Edit Account' panel:
Note that the steps may differ slightly depending on whether you are merging a manually-managed account or a synced account. The steps below are following the merge flow from the 'Edit Account' panel of a synced account.
Go to the Accounts page
Click on the account that you wish to edit to open the 'Edit Account' panel on the right
Scroll down to 'Actions' and click the button that says "Merge into another account":
Next, you will choose the account with which you wish to merge. You may only choose from a list of currently active accounts (that is, healthy connections). You will also be able to choose whether to keep the source balance or the destination balance:
Since each account has it's own set of historical balances, when there's a month for which both accounts have a balance history, the balance that is kept will be based on the preference you've selected in this step. To help you decide this, you can head over to the Net Worth page to review the balance history for each of your accounts.
To complete the merge, click on "Save Changes" and wait a few seconds for the merge to complete and for the changes to reflect on the Accounts page.
If you no longer wish to see an account within Lunch Money, you can choose to remove it. Removing accounts is done via the 'Edit Account' panel of an account on the Accounts page.
While the removal process is similar for all accounts, there are a number of different options when it comes to synced accounts, compared to manually-managed accounts.
Go to the Accounts page
Click on the manually-managed account to open the 'Edit Account' panel
Scroll down and click on the red "Remove this account" button:
If the account has transactions and recurring items associated with it, you will need to choose between these two options:
"I want to keep my associated transactions and recurring items" - you will select another account to which you wish to assign your transactions and recurring items.
"I want to remove all associated transactions and recurring expenses" - this will permanently delete all transactions and recurring items associated with the deleted account.
If you have a balance history associated with this account, will need to choose whether you wish to keep or remove the account’s balance history.
Finally, review the operations and click on "Save Changes" to confirm the action.
The changes may take a few seconds to complete, and the account will be deleted and removed from the Accounts page.
Go to the Accounts page
Click on the synced account to open the 'Edit Account' panel
Scroll down and click on the red "Troubleshoot or remove account" button:
Once you click on “Troubleshoot or remove account”, you will have the following options:
