Concepts

How Pennyweight thinks about ledgers, categories, transfers and more.

• Workspaces and ledgersYour workspace holds separate ledgers for your household, a business or a trip. Here's how they work.
• How and when bank transactions arriveNew bank transactions reach Pennyweight in the background and land in your ledger at your next session. See the timing, pending charges and statuses.
• Why a credit card shows a negative balanceIn Pennyweight, what you own is positive and what you owe is negative. Learn how signs work on transactions, cards, loans and IOUs.
• How categories workPennyweight has no fixed category list. See where your categories come from, why names are case-sensitive, and how to check what you use.
• Who wins: you, your rules, or the bankWhen you, a rule, an import and your bank each set a category on a transaction, a fixed order decides which one shows. Here is that order.
• Rules or a one-time cleanup?Uncategorized charges piling up? Choose between a rule that also sorts future transactions and a one-time cleanup that fixes only what's there now.
• Transfers aren't spendingMoney you move between your own accounts isn't spending. See how Pennyweight spots transfers, pairs their two sides, and keeps them out of your totals.
• Subscriptions vs bank-detected recurring paymentsPennyweight finds subscriptions in your own transactions. Your bank can also report recurring bills and income. Here's how the two differ.
• Why your AI shows a preview before savingBulk edits, rule runs, imports, backup restores and feedback reports are previewed first. Here's how the preview and the 15-minute confirmation work.
• Why your AI asks "are you sure?" before changing a categoryPennyweight stops a category change that would undo a recent decision until you confirm it. Here's what triggers the check and how to answer it.
• Reading an import preview: new, duplicate, ambiguousBefore an import saves anything, Pennyweight sorts every row into new, duplicate or ambiguous. Here's what each label means and what happens to it.
• Accounts and totals in more than one currencyKeep accounts in euros, yen or any other currency next to your dollar accounts. Stored amounts never change; totals across ledgers are converted.
• How your AI's changes are loggedMost changes your AI makes are logged, usually with the reason it gave. See what the audit log records, what it leaves out, and how to read it.
• Rules, knowledge and profile: what your AI remembersPennyweight keeps three kinds of memory for your AI. Rules change categories, knowledge notes inform your AI, and your profile follows you everywhere.
• Your AI profile: what your AI knows about youYour profile tells your AI how to talk to you and who the people in your money are. See what it holds, when your AI reads it, and where to edit it.