Flow of money

Primary Checking - how money comes in

When money is deposited into your Primary Checking, Otto automatically puts it into  your Income Account.  As a result, when you receive income,  the balance in your Income Account goes up accordingly.

See the illustrations below to understand how this works.

In this example, $2,000 is deposited into your checking account.

Screen Shot 2021-10-05 at 8.39.36 AM.png
Screen Shot 2021-10-05 at 8.39.36 AM.png
Screen Shot 2021-10-05 at 8.39.36 AM.png
Screen Shot 2021-10-05 at 8.39.40 AM.png
Screen Shot 2021-10-05 at 8.39.40 AM.png
Screen Shot 2021-10-05 at 8.39.40 AM.png

Primary Checking - how money goes out

When money comes out of your Primary Checking it comes directly out of your Bills Account, which is your Main sub-account.  As a result, when your bills are paid the balance in your Bills Account goes down accordingly.  

 

See the illustrations below to understand how this works.

 

In this example, $300 comes out of your Primary Checking.  

Screen Shot 2021-10-05 at 8.39.25 AM.png
Screen Shot 2021-10-05 at 8.39.25 AM.png
Screen Shot 2021-10-05 at 8.39.25 AM.png
Screen Shot 2021-10-05 at 8.39.36 AM.png
Screen Shot 2021-10-05 at 8.39.36 AM.png
Screen Shot 2021-10-05 at 8.39.36 AM.png

Primary Savings - how money comes in and goes out

When money goes into your Primary Savings it goes directly into your Main sub-account. 

When money comes out of your Primary Savings it comes directly out of your Main sub-account.

 

See the illustrations below to understand how this works.

 

In this example, $500 comes out of your Primary Savings and then $1,000 goes into your Primary Savings

Screen Shot 2021-10-05 at 3.34.48 PM.png
Screen Shot 2021-10-05 at 3.34.48 PM.png
Screen Shot 2021-10-05 at 3.34.48 PM.png
Screen Shot 2021-10-05 at 3.34.54 PM.png
Screen Shot 2021-10-05 at 3.34.54 PM.png
Screen Shot 2021-10-05 at 3.34.54 PM.png
Screen Shot 2021-10-05 at 3.34.58 PM.png
Screen Shot 2021-10-05 at 3.34.58 PM.png
Screen Shot 2021-10-05 at 3.34.58 PM.png