Creating a Transaction

What is a Transaction?

In Dialcash, a transaction represents any money movement that affects your budget: whether it’s an expense, income, or transfer between accounts.

Recording your transactions properly is the foundation of financial clarity. Without data, there’s no control.

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Available Transaction Types

Dialcash handles different transaction types to adapt to your daily financial reality:

💸 Expense

Used when money leaves an account.

Common examples:

• Daily purchases (groceries, gas, meals)
• Services and utilities
• Subscriptions
• One-time payments

Impact: Reduces your account balance and overall budget.

💰 Income

Used when money enters an account.

Common examples:

• Salary or wages
• Payments received
• Sales revenue
• Side income or freelance work

Impact: Increases your account balance and overall budget.

🔄 Transfer

Used when money moves between two of your accounts.

Common examples:

• Moving money from savings to checking
• Transferring funds between different banks
• Moving cash to digital wallet

Impact: Neutral to overall budget (decreases one account, increases another).

Each type affects your budget differently, but they’re all recorded through the same simple flow.

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Required Fields When Creating a Transaction

When recording a transaction, Dialcash will ask for some key information:

📌 Amount

The quantity of money involved in the transaction.

Important: Always enter a positive value. The transaction type determines whether it adds or subtracts from your balance.

📅 Date

The date when the transaction occurred.

Default: Current date, but you can modify it if you’re logging a past transaction.

🏦 Source Account

Indicates which account the transaction affects.

Note: Some accounts can be marked as main accounts, which impacts your general budget calculation.

🏦 Destination Account (Transfers only)

Indicates which account receives the transferred money.

Required for: Transfer transactions only.

📝 Description (Optional)

A short note to remember the reason for the transaction.

Best practice: Not required, but highly recommended for future reference and analysis.

🗂️ Income Group (Income only)

Allows you to categorize income for future analysis and tracking of specific income sources.

Examples: Salary, freelance, sales, investments.

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Best Practices for Recording Transactions

Following these simple habits will help you maintain accurate financial records:

⚡ Record Immediately

Log your transactions as soon as they happen. Fresh memories mean accurate records.

🎯 Focus on Consistency, Not Perfection

You don’t need to track every cent. What matters is building a consistent habit over time.

✅ Mark Main Accounts Correctly

Ensure your primary money accounts are properly marked to get accurate budget calculations.

📝 Add Meaningful Descriptions

A few words can help you remember context months later: “Coffee with Sarah” vs just “Coffee”.

🗂️ Use Categories Wisely

Consistent categorization helps you understand spending patterns and make informed decisions.

Remember: Small habits → Better financial control 🚀

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What Happens After Creating a Transaction?

Once created, the transaction automatically:

✅ Appears in your transaction history
View and manage all your financial movements in one place.

✅ Updates the account balance
Your account balance reflects the change immediately.

✅ Affects your general budget (if applicable)
Main accounts contribute to your overall budget calculation.

✅ Enables analysis and insights
Categorized transactions help you understand spending patterns over time.

This allows Dialcash to show you a clear, up-to-date picture of your money at all times.

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Next Steps

Now that you know how to create transactions:

• Practice regularly to build the habit
• Explore categories to organize your spending
• Review your history to understand your financial patterns
• Set up your main accounts for accurate budget tracking

The more consistent you are with recording transactions, the more valuable insights Dialcash can provide about your financial health.