Paychecks

The paycheck wizard creates a set of automation rules that fire on each payday. You enter your net pay once, specify where each portion should go, and WealthMgr handles the transfers automatically.

Running the paycheck wizard

1. Go to Getting Started and click Set up on the Paycheck preset — or click Set up paycheck on the Income page.
2. Enter a name (e.g. "Salary"), the net amount, frequency, and first pay date.
3. Select or create the deposit account — the checking account where your salary lands.
4. Add allocation rows to split the net pay across pockets or accounts.
5. Click Finish.

Deposit account

The deposit account is usually a Checking Account or Savings Account. You can use an existing asset account or create a new one directly in the wizard.

Allocation rows

Each row defines where a chunk of your pay goes:

Percentage-based rows must total 100% if you want every dollar allocated. Leave them under 100% to keep the remainder in the deposit account as free cash. Fixed-amount rows cannot exceed your net pay total.

What the wizard creates

Finishing the wizard produces a set of automation rules. They all live in the same underlying rule store (a single rule table with a type column), differentiated only by category and execution direction:

1. One income rule (type transfer or transfer_splitted, category income) — records the net paycheck into the deposit account on each payday.
2. One transfer rule per allocation row (type transfer) — moves money from the deposit account to the chosen destination pocket on the matching schedule.

The names “income rule” and “transfer rule” are setup-flow labels; there is no separate object kind for either.

All generated rules appear in Automations where you can inspect or adjust them individually.

Changing your paycheck

To update the net pay, frequency, or allocations after setup:

1. Go to Automations.
2. Find the income rule named after your paycheck.
3. Edit it to change the amount or cron schedule.
4. Edit each transfer rule separately to adjust its destination or amount.

You can also run the paycheck wizard again. This does not remove old rules automatically — delete any outdated rules from Automations by hand.

Multiple paychecks

Run the wizard once per income source. A common pattern: one for your salaried employer, another for freelance payments. Each produces an independent set of rules with their own income category label.