Argent allows you to switch between personal and business account types. This guide explains how switching works and its limitations.
When you switch your account type:
To switch your account type:
You can only switch account types if you have no transactions in your current account. Once you have recorded any transactions, the switch option becomes disabled. This is to protect your financial data and maintain accurate records.
Transactions are categorized differently for personal and business accounts:
Categories: Necessities, Debt Payments, Needs, Emergencies, Income, Other
Categories: Sales, Services, Operations, Marketing, Payroll, Equipment, etc.
If switching were allowed with existing transactions, your transaction history would not match the new account type's categories, leading to confusion and incorrect financial reports.
If you know you want both personal and business features, consider:
If you already have transactions and need both personal and business features:
Option: Create a new Argent account with a different email address. Use the personal account for personal finances and the new business account (or vice versa) for your other finances. This keeps each account's transaction history clean and accurate.
Argent Finance is a product by Ubunifu Labs