Link Your Accounts for a Complete Budget Picture

Linking all your financial accounts to Billroo can make managing your money much easier. By connecting multiple accounts, you get a complete view of your finances, simplify your budgeting, and track your spending accurately. Here’s why linking all your accounts is beneficial and how to get started.

• Complete Financial Picture: By linking all your accounts—including salary, bills, social, savings, medical, mortgage, and offset accounts—you can see your full financial situation at a glance.

• Automatic Tracking: Billroo will track transactions across all linked accounts automatically, saving you time and reducing manual entry.

• Better Budget Accuracy: With all accounts connected, your budget will reflect your true spending patterns, helping you plan more effectively.

• Use the "Transfer" category for money movements between your own accounts. This ensures transfers don’t affect your budget calculations.

• Categorise actual expenses like groceries, utilities, and other spending correctly, no matter which account they come from.

• Set up budget categories that align with your budgeting framework, such as bills, savings, social, and medical expenses.

Some banks, like Macquarie, support Open Banking, which makes linking accounts easier. However, if your bank does not support this feature, you will need to resort to manual CSV uploads.