Understanding your situation and income
Start with Situation to check the values you entered, then use Passive income to trace the flows generated by your assets. Both views use the same items, but they do not calculate the same thing.
1. Checking net wealth in Situation
The main calculation is: gross wealth − liabilities = net wealth. If an amount does not match your expectations:
- open Portfolio and check the asset's value and currency;
- look for a duplicate asset and make sure its quantity, price, or balance was entered in the correct fields;
- check the outstanding principal of liabilities;
- if the result is marked as partial, correct the rates in Properties > Exchange rates.
The screenshots use a fictional family portfolio including property, loans, accounts, ETFs, bitcoin and precious metals. The amounts illustrate the calculations; they are neither real-time quotes nor balances to copy.
Allocations can be filtered by family, asset, account or contract, or another available scope. Removing a filter should restore the full total.
2. Spotting an incomplete calculation
An unavailable conversion is flagged beside the affected result. Current totals and recent changes should not be read as exact values until all necessary conversions are available. Checks gathers the issues and lets you open the rate correction, regardless of whether AI or Live is enabled.
3. Examining monthly movements
In Situation, browse the months to examine recorded movements. The detail follows the hierarchy holding structure → account, contract or wallet → asset or liability. It can show a signed change in quantity, a tracked deposit or withdrawal, or the principal repayment of a loan. A positive or negative amount indicates the direction of a movement; on its own, it does not describe performance.
The Contributions / Outflows summary gathers the month's relevant flows without counting the same movement twice at account, contract or wallet level and asset or liability level. Amounts remain readable in their native currency; an equivalent in the main currency appears when the necessary historical rate is available. Missing conversions and unmatched flows are flagged rather than hidden in a misleading total.
A market revaluation can change wealth value without being a deposit or withdrawal. To analyse values and events recorded over time, open the wealth journal: this historical view serves a different purpose from examining one month's movements.
4. Tracing the source of passive income
Passive income adds up the rent, interest, dividends and other income recorded for each asset. The monthly total comes from the income entered for investments and the expenses taken into account; it is not calculated from their value alone.
To correct missing income:
- open the asset in Portfolio;
- edit its income section;
- check the amount, frequency, currency, and any charges;
- return to Passive income and compare the monthly and annual amounts.
The view can distinguish income before loan repayments from net income after the charges taken into account. A loan payment is therefore not the same thing as a reduction in the asset's value.
5. Adjusting the monthly passive income goal
In Passive income, open goal editing. You can enter the amount directly or use − and +. The step shown under each button follows the current amount: 1 below 100, 10 from 100 to under 1,000, 100 from 1,000 to under 10,000, then 1,000 from 10,000 to under 100,000.
Each click uses the step shown before the click, without rounding to a multiple: 999 + 10 gives 1,009, then the step becomes 100. The amount cannot fall below zero; at zero, the − button is disabled. Confirm saves the target, Cancel discards the draft and Delete goal removes the existing target.
The estimate uses the historical trend and known maturities of associated loans. It remains indicative and assumes no new investment.