Feature of the Week: Make Informed Decisions With Your AssetsMarch 22 2021
Moneymgmt collates all the information you entered into useful and easy-to-understand data. In the wealth section, you are able to filter by category or list view, ownership, and lifestyle or investment, depending on your preferences. You can then make the best decisions about your financials with these different filtering tools and view based on different entities.
If you want to view all your assets individually, you can select the list view in the wealth section. If you choose the category section, the platform automatically groups different assets and liabilities into its corresponding section. We recommend using this option when you have multiple items inputted!
If you want to determine the net worth of different members of your family or a separate entity, for example an SMSF, you can filter the wealth section by ownership. Simply click filter, then ownership and select the team member/ entity you want to view. There are instances when an asset or liability is owned by more than one individual - don’t worry, the Moneymgmt platform automatically calculates net worth according to ownership!
The ability to filter your Moneymgmt items depends on how you have assigned the ownership of the asset. To check the ownership, click on the wealth item and choose the ownership splits.
If you want to know more about Filtering in Moneymgmt, click here!