Summary
Spending Channels in Nance show how you spend or receive money across different modes and accounts, highlighting both the most used and highest contributing sources.
How This Works in Nance
Spending Channels are available in Analytics and Comparison views and help you understand how your money is moving.
What Spending Channels Represent
They break down transactions based on:
- Payment modes
- UPI
- Card
- ATM
- Cash
- Accounts used
- Bank accounts
- Credit cards
Key Metrics Shown
Nance highlights two important perspectives:
1. Top Spent (Amount-Based)
- Shows the account or channel from which you spent the most money
- For income views, this reflects top income sources based on the selected filters
2. Most Used (Frequency-Based)
- Shows the channel used in the highest number of transactions
- Helps identify your most frequent payment behavior
Filter-Based View
- All channel insights are based on your selected filters:
- Time range
- Categories
- Accounts
This ensures the data reflects the exact context you’re analyzing
Why This Matters
- Understand how you prefer to spend (UPI vs card vs cash)
- Identify high-usage accounts vs high-value accounts
- Get better control over spending behavior patterns
Important to Know
- Works within Analytics and Comparison views only
- Includes both expense and income perspectives
- Requires at least one connected bank account
Not just where your money goes.
But how it gets there.