Help CenterWhen calculating a user's current net worth, Savology's system will by default include certain cash accounts and other assets. However, there may be cases where an advisor or client would like to exclude certain values from being used.
Removing accounts from current net worth
Some, but not all included assets may be removed from the net worth calculation. By default, the following accounts and assets are included when calculating an individual's existing net worth:
- Bank accounts - Removable
- Education accounts - Removable
- Other accounts - Removable
- Retirement savings - Removable
- Primary home and other real estate - Unremovable
- Vehicles - Unremovable
- Other assets - Unremovable
Here's how to exclude any of the removable accounts from the current net worth calculation:
- From a client's account, go to Financial Profile > Income & Savings.
- Find the account you want to exclude, edit the applicable table, and select the three-dot menu next to the account.
- In the three-dot menu, select Exclude from net worth and save your changes.
Can I add removed accounts back into the net worth calculation?
Yes, you may add back accounts into the net worth calculation that were removed. Follow the same steps as above, but in the three-dot menu for the account, you will instead select Include in net worth and save your changes.