Manage Your Bank Account

BA Manager is where you manage your accounts, either you create it manually or connect it using OFX. Free Forever Plan can only have 1 bank account. Trial and Paid Plan can have unlimited bank accounts.

Read Banks and Automatic Transaction Importing

Connect Account

In adding bank account, you have two options: using OFX or enter it manually.

  • using OFX Connect
    Envelope Budget uses the industry standard method of communicating with banks through Open Financial Exchange (OFX). There are some banks who make their server information publicly available. This information can be found at ofxhome.com. Envelope Budget syncs with this database to maintain the most up-to-date OFX server information possible. You can see the current list of supported banks in the bottom.

    In adding an account, you need to activate first OFX Direct Connect feature from bank then select the account to be used.
  • adding Manually
    If your bank does not have an OFX server, or if you do not feel comfortable providing the information, no worries, you can use our default bank, the Generic Bank.

    Before creating a Manual Bank Account, it is a good idea to first determine the date you would like to start budgeting, then log in to your online banking and get your account balance on this date. You will then have the information you need to fill out the form wizard.

    For manual accounts, you don’t really need worry about the Bank name. "Generic Bank" will suffice. But you will want to give your bank account name a descriptive name if you are going to have more than one account. I use names like “AFCU Checking” and “Costco AMEX”. Enter the date you would like to start budgeting and the opening balance on that date.

Set Bank Accounts on Dashboard

One of the features in dashboard is the bank account daily balances for the past 30 days. The default number of accounts that are allowed to show in the chart is 5 (the first 5 accounts). To change or set it, just drag and drop the accounts in the bank account manager to update the order.

Check bank account's update

Check when is your bank account last download of transactions.

Other Bank Account Features

Emailing Report Create a short message and email your report in pdf or csv format. You can also send the report in multiple emails.
Export Data Export your data in CSV or in PDF format.


Input Basic Calculator The balance field can do basic calculation. This function is apply when you create manual bank account. The operators that can be used in calculation are +, -, *, /, ().

Supported Banks

Please note that you can use ANY bank with EnvelopeBudget as we allow manually transaction entry as well as QIF, QFX, & OFX transaction imports. The following banks should allow you to connect and import transactions EnvelopeBudget with a click of a button. Your mileage may vary. Some banks require you to call and have the feature enabled. Also, some large banks will require a monthly fee for this service.

Start Your Budget!

In the Budget Manager is where you start your budgeting. You can create unlimited number of envelopes to help you budget your money. You can assign icons to each envelope to help you visually keep track of them. The Envelope Method is a time-tested, proven method to help you maintain control of your money.

Watch the New Pending Transactions View



Amount Basic Calculator

All the amount fields can do basic calculation. The operators that can be used in calculation are +, -, *, /, ().

Account Balance Preview

When adding transaction, you'll see the preview of your new account balance.

Assigned to Envelope

After creating transactions you need to assign each of them in any envelope. After you assigned it, you will see the preview of your new envelope balance.

Creating Auto-Assign Filter Rules

Other than assigning of envelope, you can also create a rule for your transaction. These rules will let the system do the assigning of transactions in your selected envelope. You can sort these rules based on what you would like to be first on the list.

Remember if you disable the verify, your transactions will automatically assign to your selected envelope. If you leave it enable you will see the upcoming transactions and where it must be assign.

Merge Transactions

This is to merge import data to manually entered transactions. If manually entered transaction is uncleared and you have the same data with the import files and it is cleared, you have the option to merge it. You can also merge transaction that are already assigned and split in an envelope. It will show where and how much amount did you split.


Split Transactions

Split transaction in various envelopes for more accurate budgeting.

Everytime you add new envelope, the amount field will be populated by the remaining amount to split. You can split the amount based on pecentage or calculation.

Sync Transactions

Sync transactions by importing or enter them manually. We support OFX and (US and International) QIF, QBO, and QFX formats. You can ignore the previously deleted transactions (in OFX format only).

You can import single or multiple files by selecting or drag and drop it. You can also see when was the transactions last imported.

Reassign and Transfer Multiple Transactions

Reassign transactions to other envelope or transfer transactions to other account.

Easily Update Data

Click the value and it will changed to input field. After that input the new value and hit enter.

Search Filters

We provide lots of options in searching of transactions such as date, envelopes, accounts, types, statuses, number, payee, memo, and minimum & maximum amount. You can search or input multiple values.

We also provide rules in searching to make it easy for you to find the data. These rules are apply only in Payee, Number, and Memo. We've create five options in the rules and these are: Contains (this rule search the transactions that contains the value or values you have inputted), Exact (same with Contains but the difference is this rule search the exact transactions), Starts with (this rule search the transactions that's starts with the value or values you have inputted), Ends with (unlike Starts with, this rule search the transactions that's ends with the value or values you have inputted), Exclude (the difference of this rule compare to others, it's exclude the value(s) you have inputted.).

Running Account and Envelope Amount

The running amount is calculates in relation to the transaction directly preceeding it.

Emailing Report

Create a short message and email your report in pdf, csv, or xls (multiple worksheets/group by account) format. You can also send the report in multiple emails.

Allocate Funds

Allocate your money in various envelopes. We provide functions that set to allocate the amount needed to reach a balance to 0. The entered amount is automatically calculated. You can update the goal amount while you are funding it. You can allocate the amount based on pecentage or calculation. You can also see the other month allocation.

Create plans for your future income and allocate it in various envelopes. You can set up allocation plans based on different paychecks you get. Get paid monthly, twice a month, bi-weekly, commission... no problem!

Combined Multiple Envelopes

Combine multiple envelopes and create a new one. All the merge transactions and the total balance will be save to the new created envelope.

Saving Multiple Data

We've create forms that can save multiple data in one process and these are:

  • Category Multiple Envelopes Form
    This form can add multiple envelopes for category. We put a switch, so that it will be easy to change between the two forms.
  • Multiple Transactions Form
    This form can add multiple transactions.

Other Budget Manager Features

Allocate Deposit Quick allocating deposit amount by moving it to unallocated box or allocate the amount directly to the selected envelopes.
Archived Save envelope or category in an archived. Saving in an archived will hide them. You can show them again by restoring it.
Download Transactions Easily download transactions in OFX format. You could set the last download date of your account in bank account manager, where it based the download data.
Export Data Export your data in CSV or in PDF format.
Monitoring Envelope Monitor your last month expenses and last date of deposit to stay on budget. This will make it easy to determine if you already deposit or not for the current month. It is much easier to know on how much you have budget in that particular envelope or if you overspending it will remind you to spend less so that you will not be out of budget.
Multiple Actions Delete, undo, reassign and transfer multiple transactions.
Spent, Allocated, and Net Show the total amount spent, allocated, and the net income this day, this month, this year, etc...

Forecast Data

Calendar Manager displays all your transactions with the total amount spent every day and see when are your next payments due and how much amount your are going to pay. Withdrawals are red, deposits are blue.

You can move transactions around to change the date of the transaction. Ability to edit transaction on this screen. Filter by account, envelope, type, and status. Ability to click month & year to see the previous data.
Dashboard is a simple view of the current month. When you create envelopes, you can specify whether they are “paced”, “fixed”, or “sinking funds”.

Paced Envelopes: Where spending fluctuates from month to month Examples: groceries, gasoline, fast food.

Fixed Envelopes: Envelopes where you can reliably set a given amount each month because you payment is the same from month to month. Examples: House payment, television bill, insurance bill.

Sinking Funds: Money you set aside for upcoming expenses – whether expected or not. Examples: emergency fund, car repairs, Christmas gifts.

Filter by category and ability to click month & year to see the previous data.

Begin your journey to financial peace

Stop living paycheck to paycheck. Get out of debt. Increase your savings faster. Plan for those unexpected expenses. Stop fighting with your spouse over money. Get peace of mind concerning your finances. Get out of debt the same way you learned to walk—one step at a time.

Baby Steps 1 — $1,000 Emergency Fund

Select envelope and set as your emergency fund.

An emergency fund is for those unexpected events in life that you can’t plan for: the loss of a job, an unexpected pregnancy, a faulty car transmission, and the list goes on and on. It’s not a matter of if these events will happen; it’s simply a matter of when they will happen. — Dave Ramsey

Baby Steps 2 — Pay off all debt using the Debt Snowball

List of your debts, excluding the house, in order to determine how much minimum payment you should pay for your outstanding bill amount.

The point of the debt snowball is simply this: You need some quick wins in order to stay pumped up about getting out of debt! Paying off debt is not always about math. It’s about motivation. Personal finance is 20% head knowledge and 80% behavior. When you start knocking off the easier debts, you will see results and you will stay motivated to dump your debt. — Dave Ramsey

Baby Steps 3 — 3 to 6 months of expenses in savings

Baby Steps 4 — Invest 15% of household income into Roth IRAs and pre-tax retirement

Baby Steps 5 — College funding for children

Baby Steps 6 — Pay off your house early

Baby Steps 7 — Build wealth and give