Balance overview

Balance chart

The balance chart represents the total amount of money you have across all the bank and credit card accounts connected to Nova, and the offline accounts you manually added. accounts.

Today’s balance is the same as the one reported by your bank. The difference is that Nova forecasts your future balance.

How is the forecast calculated?

Nova calculated your forecasted balance based on what you have today, and by adding up your forecasted transactions. Or if you prefer formulas:

$$ \text{Today's balance} + \sum \text{Forecasted transactions} = \text{Forecasted balance} $$

Therefore, the accuracy of the forecasted balance depends on the accuracy of the forecasted transactions.

• Transactions forecasted for today that are not yet matched o their payments are assumed to be paid by the end of the day
• Overdue forecasts are assumed to be paid tomorrow
• Transactions excluded from analytics are still included in your Balance

<aside> <img src="/icons/bullseye_blue.svg" alt="/icons/bullseye_blue.svg" width="40px" /> Your job is to keep a positive balance at any point in the future.

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How to select the accounts to include/exclude