Net Wealth does not take in to account balances from closed accounts

[iffy]

From https://www.reddit.com/r/budgetwithbuckets/comments/qwwpon/net_wealth_does_not_take_in_to_account_balances/

Is this by design? If you have an account, let's say as an example, an investment account that you contribute $1000/month to. And then you transfer the entire balanace to a new investment account and close the old one. The Net Wealth Analytics erases the $1000/month growth and shows it all as a lump amount for the transfer into the new account.

Is this the way its meant to be? Seems like it should still look at individual transactions from closed accounts....

[dyanawu]

Honestly here I'd just rename the account with a memo 😃

Edit: for clarity, if I wanted it taken into account in net worth. I agree with the next comment - a closed account should have zero impact on any analyses.

[Felttrip]

Opinion: If an account is closed it shouldn't affect my net wealth, if somehow money got left behind during an IRL account closure that money's dead to me, or whatever institution I held the account with is going to mail me a check or something that I can cash that I would just count as Income that will get budgeted.

[FlyingNovember]

I think closed accounts definitely should be included in historical net worth calculations! I closed an account and moved all the money to another account this january. Now my net worth calculation for december is too low, and it looks like i have a huge inflow in january.

[pmacg]

Adding a +1 to this issue - I just ran into the same issue as the user before me. Transferred the balance and closed a savings account, then found that the net wealth had a jump in the current month.