Overview

Adding your accounts is one of the first steps you'll want to take toward managing your finances in Simplifi. You can choose to connect your accounts to the bank for automatic transaction download, or you can also track them manually. Consolidating all of your bank accounts in one place is a breeze with Simplifi!

Note: To see all of the Account Types that are currently supported in Simplifi, please check out our article here!

Add a Connected Account

  1. From the Dashboard, click on the +ADD button in the upper left.

  2. If your bank is already shown, you can click on the image to select it, or just begin typing the name of the bank into the Search bar to let Simplifi find it.

  3. Enter the User ID and Password you use to sign in to your bank's website, then click Connect.

  4. Simplifi will locate the account(s) associated with your User ID and Password; the Action column will display Add to Simplifi. Note: To disregard any of the accounts, click on the Action column and select Don't add to Simplifi. You can also rename your accounts, as well as change the Account Type, from this screen.

  5. Click Complete when finished.

Once done, the selected account(s) will show in your Accounts List.

Add a Manual Account

  1. From the Dashboard, click on the +ADD button in the upper left.

  2. Select Add Manual Account.

  3. Enter an Account Name, and select an Account Type. You can also enter a balance and an "as-of" date for the account.

  4. Click Continue when finished.

Note: Manual investment accounts will not start with an opening balance. To learn how to add holdings or cash to a manual investment account, please click here.

The manual account will now show in your Accounts List. Since the account is manual, the Transaction Activity will be blank, but you can start adding transactions whenever you're ready! For more details on adding transactions in Simplifi, please click here.

Add an Additional Account with an Existing Bank

You can also easily add new or additional accounts with a bank you've already connected to in Simplifi!

  1. Hover over the panel on the left-hand side and select Settings.

  2. Select Accounts.

  3. Locate the Financial Institution you'd like to add an existing account with and click the three dots at the end of it.

  4. Select Add a new account.

  5. Enter the User ID and Password you use to sign in to your bank's website, then click Connect.

  6. Simplifi will locate the account(s) associated with your User ID and Password and will show you which accounts are already connected and which accounts are available to add; the Action column for the accounts that are available to add will display Add to Simplifi. Note: To disregard any of the accounts, click on the Action column and select Don't add to Simplifi. You can also rename your accounts, as well as change the Account Type, from this screen.

  7. Click Complete when finished.

Note: If you'd like to update your login information for an existing account/bank instead, please be sure to take a look at our Support Article here.

If your bank isn't listed or if you run into any trouble adding your accounts, please take a look at the information and steps outlined in this Support Article or contact Simplifi Support for further assistance.


Frequently Asked Questions

Learn the answers to frequently asked questions for this topic!

How often does Simplifi update my accounts?

Your accounts will automatically refresh when you sign into Simplifi, and you can also manually refresh them. However, Simplifi will only reach out to your bank once every 4-6 hours to retrieve new transactional and balance data. Learn more here!

Why do I need to re-authenticate my bank with every refresh?

Due to increased security measures that have been put in place by some financial institutions, you may be required to perform MFA with every account refresh in Simplifi. While we understand that this can be frustrating, these security measures are in place to protect you and your financial data. Please see here for more info!

How do I manually refresh my accounts in Simplifi?

On the Simplifi Web App, you can select the 'Refresh' icon from the left-hand navigation bar, and on the Simplifi Mobile App, you can pull down on the screen to refresh your accounts, as well as sync data between the two Apps. Please note that Simplifi will only reach out to your bank once every 4-6 hours to retrieve new transactional and balance data.

How does Simplifi calculate my balance?

Simplifi automatically deducts pending transactions from the balance provided by your bank, however, there are also some settings to disable this when needed. Find out more here!

Does Simplifi have a running balance column?

Simplifi does not currently offer a running balance column; you can read more in our Support Article here. We apologize for any inconvenience!

Can I reconcile my accounts in Simplifi?

Simplifi does not currently offer the ability to reconcile accounts. Please be sure to check out our Support Article here for more details. We apologize for any inconvenience!

How do I track cash in Simplifi?

The best way to track your cash in Simplifi is to create a manual "Cash" account, and then manually track your cash transactions as they take place. We have a Support Article available here that has more info on tracking cash in Simplifi!

Can I track my loans in Simplifi?

Absolutely! When you connect your loan accounts in Simplifi, you won't see transactions, but you'll receive updated balances from the bank. However, you can also track your loan accounts and transactions manually. Please see here for more details!

Can I track my assets in Simplifi?

Simplifi is a great place to keep track of your assets! Adding your various assets to Simplifi will also help offset any applicable loans when viewing your Net Worth, such as tracking the value of your home against the mortgage. Our Support Article here has more info on tracking assets in Simplifi!


To learn about adding Accounts on the Simplifi Mobile App, please click here!

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