Starting with app version 2.242.0, it is no longer possible to create a cash position or cash transactions directly in a portfolio on smartphones.
This is also affecting our webapp import.
Instead, you can now only add cash as a "Cash Account" in the Net Worth Overview.
Background:
Until now, there have been two ways to record cash:
In the portfolio
As a Cash Account
This duplication could lead to confusion, for example, when calculating allocation, invested capital, and relative return, if cash was recorded as a portfolio position.
Since Cash Accounts have been available for some time and are constantly being improved, we are now completely separating Cash and Investments from one another.
Cash can still be tracked through deposits, withdrawals, and interest.
As usual, interest increases the value of the cash account.
For automatic connections, this separation has been standard practice for quite some time.
To calculate the total return, we are working on a solution that accurately accounts for interest and uninvested capital. The goal is for interest to increase the total return without affecting invested capital or relative returns, while maintaining a clear distinction between invested and uninvested capital.
What happens to existing cash positions in the portfolio?
As soon as the new import feature is available on the web, existing cash positions in portfolios will be automatically migrated to the Cash Overview in the Asset Overview. So all you need is a little patience. The migration took place during the night of July 15 and 16.
Automatic connections are not affected by this change, as we have this splitted display for cash already available since a year.