Adding Assets

Adding an asset

Track everything you own by adding assets to your entity.

1. Navigate to Assets & Liabilities

From your dashboard, click Assets & Liabilities in the navigation.

2. Click Add Asset

Click the Add Asset button and select the asset type:

• Bank Account — savings, transaction, or offset accounts
• Property — residential, commercial, or investment property
• Vehicle — cars, motorcycles, boats
• Investment — shares, managed funds, crypto (see Portfolio for advanced tracking)
• Other — any other asset with a monetary value

3. Enter the details

Provide the asset name, current value, and any relevant details. For bank accounts, you can update the balance manually or let transactions keep it current.

4. Keep values up to date

You can update asset values at any time by clicking on the asset and editing the current value. Finance Frank tracks value changes over time so you can see how your net worth evolves.

Asset categories

Organising assets into categories helps you understand your financial position. Common categories include:

| Category | Examples | |----------|----------| | Cash & savings | Bank accounts, term deposits | | Property | Home, investment properties | | Vehicles | Cars, motorcycles | | Investments | Shares, managed funds | | Superannuation | Super balance | | Other | Collectibles, personal items |