Summary
No, you generally do not need to manually add transactions in Nance. Transactions from your connected bank accounts and credit cards are automatically collected and added to your transaction list. Manual entry is only needed for transactions that do not appear through your connected accounts, such as cash spending.
When Transactions Are Added Automatically
Nance is designed to automatically collect and organize financial activity from your connected bank accounts and credit cards. Once an account is connected, the system retrieves your transaction data and adds it to your transaction list without requiring manual input.
These transactions are updated through Nance’s refresh system, which includes both scheduled refreshes and triggered refreshes to retrieve new financial activity recorded by your bank.
Because of this automated process, most spending and income transactions appear in Nance automatically.
When Manual Transactions May Be Needed
Manual transactions are only required when financial activity does not originate from a connected bank or credit card.
The most common example is cash spending or cash income. Since cash transactions do not pass through your bank accounts, Nance cannot detect them automatically. If you want these activities to be included in your financial insights, you can add them manually as cash transactions.
Categorization Adjustments
Although transactions are added automatically, some transactions may require manual adjustments. In cases where Nance cannot confidently identify the correct category, the transaction may appear under Uncategorized. You can update the category at any time to ensure your financial insights remain accurate.
By combining automatic transaction tracking with optional manual entries for cash, Nance allows you to maintain a complete and accurate view of your financial activity without needing to manually record most transactions.