This flow is helpful when tracking assets such as Angel Investments and any other type of investment that can't be tracked with a broker's account.

1. Create asset account

Use the "Create" action (C) and select the "Create new account" command from the list of options that will appear, then select the "Private Investment" type and, finally, name your new account.

<aside> 💡 Remember: You can nest accounts by adding a / to their names.

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2. Add current valuation

The way you do this will depend on whether you have other account's connected or not.

2.1 If source account is not connected

In case the source account where your investment money came from is not connected to your Alka account, simply add the total amount of your investment as a balance when creating your new investment account.

2.2 If source account is connected

If the account where the investment money came from is connected to your Alka account, wait until the transaction appears in your Inbox then categorize that transaction as your investment account.

3. Update IRR

When the valuation of your investment is updated, you can update its balance by opening your investment account (cmd + j then search for your account).

Once your account is open, create a new balance checkpoint (cmd + k then search for "create new balance checkpoint") and add the updated valuation and its corresponding date.

You can also add descriptions to your balances so it's easier to keep track of things in the future.

<aside> 💡 See: Tracking investments by industry

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