Welcome to WiseData Finances! Here you organize your personal finances and those of all your companies in one place. Before adding your first income or expense, there is one essential step: create at least one account. This guide takes you from zero to your first entry, no mystery involved.
Personal and business: two spaces, one login
With a single login, you move between two spaces:
Personal — your day-to-day finances (budget, goals, investments, payables and receivables).
Business — the finances of each company you manage (cash flow, income statement, taxes, payroll and more).
You switch between personal and each company with one click, using the selector at the top of the app. Each space has its own data — your personal accounts, entries and reports don't mix with the company's. That's why the steps below apply to both the personal and the business side: just make sure you're in the right space before you start.
The essential step: create your first account
In WiseData Finances, an account is where your money is — your checking account at the bank, savings, a credit card or an investment. Everything you record (income that came in, an expense that went out, a transfer) happens inside an account. So with no account registered, you can't add entries — this really is the first step.
How to create one
In the menu, open Accounts.
Click Add account.
Fill in the fields and click Save.
The fields
Name (required) — how you recognize the account. E.g. "Chase checking", "Wallet", "Revolut".
Type (required) — choose from Checking, Savings, Credit Card or Investment.
Current balance (required) — how much is in the account right now. This is where the system starts counting from.
Initial balance (optional) — the starting point of the history. If you leave it blank, the system uses the current balance as the initial one.
Institution (optional) — the bank or financial provider (e.g. "Chase").
Branch (optional) — numbers only.
Account number (optional) — numbers and a dash (e.g. 12345-6).
Active — already checked; leave it on to use the account normally.
Example: you want to start by tracking the money in your bank account, which holds $2,500 today. Create an account with Name "Chase checking", Type Checking, Institution Chase and Current balance $2,500. Done — from now on each income raises that balance and each expense lowers it, automatically.
Shortcut: create the account while adding an entry
If you go straight to adding an expense, income or transfer without any account, the form itself tells you — "You don't have any accounts yet" — and offers a Create now button. It opens a quick form (Name, Institution, Type and Balance) that creates the account and selects it right in the entry, without losing what you were doing.
Manage your accounts
View the statement — click on an account to open its details and see all of its movements.
Edit — adjust name, type or bank details whenever needed. Note: the initial balance can't be changed once set, because it is the basis of the whole history.
Activate / Deactivate — instead of deleting, you deactivate an account you no longer use. That preserves the history, and you can reactivate it at any time.
Next steps
With your first account created, you can already:
Organize your categories to classify entries;
Record your first income or expense;
Follow everything on the dashboard and turn on due-date notifications;
Ask Wisebot, the AI assistant, about your finances.
Each of these topics has its own guide here in the Help Center.