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guito brings your accounts, investments, assets, and credits into a single view. To do that, it computes a balance for every account, values every asset, and adds it all up into your total net worth.

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An account’s balance

Every account, whether automatic, manual, or imported from a file, follows the same logic. The balance on a given day starts from a reference point and, where applicable, adds the movements that came after it. A reference point is a known balance on a specific date. There are two kinds:

Bank-reported balance

The balance your bank reports on a date, through automatic sync. It’s the bank’s word for that day.

Balance reconciliation

A balance you set by hand on a date: “at the end of this day I had exactly this much.”

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Automatic accounts: the bank is the truth

Each day’s balance is the last balance the bank reported up to that date — that figure already includes the day’s movements, so guito doesn’t add them again. Movements you record by hand on an automatic account count for cash-flow tracking, but they don’t change the balance.

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Manual accounts: your reconciliation plus movements

On a manual account, you set a balance reconciliation, and guito adds the movements from there onward. For example:
  • On January 1, you set a reconciliation of €10,000.
  • On January 15, you record a €500 expense: the balance becomes €9,500.
  • On January 31, you record €2,000 of income: the balance becomes €11,500.
Movements recorded on the same day as the reconciliation are absorbed: the reconciliation is the balance at the end of that day. Only movements after the reconciliation date change the balance.

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Starting balance when you create an account

The “Starting balance” you enter when creating a manual account is a start-of-day balance: a point the balance grows from. Movements on that day and the days that follow are added on top of it. This is different from a later reconciliation, which represents the balance at the end of the day.

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The role of reconciliation

A reconciliation is useful both for correcting a history that has drifted from reality and for giving a starting point to an account that has none yet. Reconciliation is available on both manual and automatic accounts, except for Trading 212 cash accounts, whose balance comes from the broker. On an automatic account, it lets you seed the history before the first synced date, avoiding a flat line at €0. The step-by-step for creating a reconciliation lives in Accounts. If you set a reconciliation on the same day the bank reported a balance, your value wins.

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When a bank disconnects

If a bank connection is no longer active — removed, consent expired, or suspended — the bank stops updating the balance. From then on the account behaves like a manual one: the movements you add adjust the balance. Reconnecting restores the normal behavior.

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Every situation, summarized

The balance for every date after that movement adjusts automatically, up to the next reconciliation, if there is one.
Repeated movements are detected to avoid duplicates.
Each period is independent: the first runs from the first reconciliation plus its movements; the second runs from the second reconciliation.
The balance is simply the sum of all movements. To fix it, set a reconciliation on a past date with the known balance.

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Investments and assets: valuation, not balance

Not everything has a bank balance. The other net-worth categories are valued:
  • Investments: each position is valued at the latest quote for the instrument, converted to your base currency when needed.
  • Assets (property, vehicles, and others): they’re worth the most recent valuation you record.
  • Credits: the outstanding amount is computed from the amortization schedule and the balance reconciliations you record.
guito does not give investment advice. It describes products and shows their values factually, without recommending, ranking, or evaluating any instrument.

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From balance to total net worth

The Overview page (/overview) brings everything into a single view: your total net worth is everything you own (accounts, investments, assets, cash) minus what you owe (credits and credit cards). The net-worth chart runs the same calculation day by day; on days with no new information, the last known value carries forward.

Accounts

Automatic and manual accounts, balance reconciliation, and account types.

Bank sync

How open banking, authorization, and renewing a connection work.

Total net worth

The overview that adds up accounts, investments, assets, and credits.

Quotes and pricing

How investments are valued and what the quote warnings mean.