Closing holdings

Every holding you still have is offered on each snapshot, waiting for a value. Until now there was no way to tell Verdly that one had ended. An account you shut in March, a car you sold last year — they sat on the sheet as empty boxes it was never right to fill, and the only way to be rid of them was Delete, which takes every value ever recorded against them with it.

Closing a holding is the missing gesture. It records that the holding ended, and keeps every value you entered while you had it.

How it works

On the snapshot you’re recording, open a holding with the pencil beside its name and choose the archive icon. Verdly asks you to confirm, then stops offering that holding from the period you’re recording onwards.

Everything already recorded stays exactly as it was, so no past net worth moves. From the closure date the holding leaves the sheet, and no value can be recorded against it through the app, an import, or the API.

Closed holdings also stop counting against the limit of 100 open holdings, so a long tail of accounts you no longer have stops crowding out the ones you do.

Holdings no longer disappear on their own

A holding used to appear on a snapshot only if it had a value recorded that month or the month before. Two quiet months and it fell off the sheet by itself. That one rule was doing two jobs, and doing the second badly: a holding you had genuinely finished with went away, and so did one you had simply not got round to.

Which holdings appear is now decided by closure alone. A holding you skip stays on the sheet, still asking. A holding you close leaves it.

If you have been tracking for a while, that changes what you see: accounts you stopped recording months ago and assumed were gone are back on your next snapshot. Closing each one takes three clicks, and the decision is recorded rather than inferred from a gap.

Bringing one back

Nothing about closing is final. Under the category the holding belonged to, + Add to lists that category’s holdings that aren’t on the snapshot you’re looking at, each with the date it closed. Pick one and it’s back from that snapshot onwards, with its full history.

Typing a name you already use finds the same holding rather than starting a second one, so a holding closed by mistake is one pick from returning, and you can’t end up with two accounts of the same name.

Closing is not deleting

The two actions sit beside each other, and they do different things:

• Close ends the holding. The history stays, the sheet stops asking, and it can come back.
• Delete destroys the holding and every value ever recorded against it. Past net worth changes, and nothing brings it back.

Learn more

Holdings and categories covers the full lifecycle, the limits and how categories fit around it.