Partq.am allows you to track your finances using three main types of transactions: Income, Expense, and Transfer.
Income & Expense
Income and Expense transactions are used to track money entering or leaving your accounts.
- Income: Use this for salary, dividends, gifts, or any money you receive. You will select an account where the money is deposited and an income category (e.g., Salary, Bonus).
- Expense: Use this for daily spending, bills, or purchases. You will select the account you paid from and an expense category (e.g., Groceries, Rent).
To create these, navigate to the Transactions page and click "New Transaction". Toggle between "Income" and "Expense" at the top of the form.
Transfers
Transfers are for moving money between two of your own accounts.
- Internal Movement: Moving money from your Checking to your Savings account.
- Currency Exchange: If you transfer between accounts with different currencies, Partq.am enables a secondary amount field to record the exact amount received in the destination currency.
Transfers do not affect your overall net worth (unless fees or exchange rates apply), whereas Income increases it and Expenses decrease it.