Feature of the Week: Customised Cashflow Reporting

October 17 2019

One of the most powerful tools in the WLTH platform is its ability to track your day-to-day transactions from any connected bank account. The platform automatically groups the income and expenses into commonly-used categories for your convenience.

The WLTH platform enables you to adjust these categories according to your preferences. For example, you can choose to create a ‘Children’ group so that all expenses relating to your kids will fall under it. It simplifies tracking your finances to help you understand your financial position.

To do this, go to the Cashflow tab in your WLTH platform. Click ‘tools’ on the top right corner, then ‘manage categories’. Choose between the ‘expense’ or ‘income’ tab on the top of the page. Next, click ‘create category group’ and type in ‘Children’.

Afterwards, you can then create custom categories on the column to the left such as ‘Allowance’, ‘School fees’, ‘Tutoring Services’, to be dragged under the ‘Children’ group. Make sure you click ‘Save’ when you are happy with those customisations!

Need more help with your WLTH platform? Visit our support page!

Each week in the FinTech Five for Friday we will include a new feature to assist you to get the most out of your WLTH Digital Portfolio Manager.

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