Sometimes you might want to exclude some of your accounts from the total Net Worth calculation. For example, perhaps you have a mortgage that you’re tracking in MoneyWiz – that huge negative balance would greatly affect your Net Worth which you might not consider a true picture.
In MoneyWiz it is possible to exclude one or more accounts from Net Worth calculation. If the account you want to exclude from Net Worth is also a part of an account group, it’ll be excluded from the account group total too (there’s currently no way to override this).
To exclude an account from Net Worth, you need to access account properties:
- on MoneyWiz for Desktop (macOS/Windows): click twice on the account name in the sidebar then swipe to the side to reveal second pane of account properties,
- on MoneyWiz for Mobile (iOS/Android): go to Settings -> Accounts & Budgets and tap on the account in question then swipe to the side to reveal second pane of account properties.
You’ll find that setting there.