Glossary: every term in Tavala

The words Tavala uses in alphabetical order, from What's Left and Money out to wallet roles, spaces, Tavala Plus and sync, each linked to its article.

Works on iPhone, iPad, Android, Mac and the webUpdated

Every term Tavala uses, in alphabetical order. Each term links to the article that explains it.

A

TermWhat it means
App lockAsks for Face ID, Touch ID, a fingerprint or the phone's screen lock when you open Tavala. There is no separate Tavala PIN. It is not available in a browser.
Authenticator appAn app such as 1Password or Google Authenticator that shows a 6-digit code. Once you set one up, signing in on a new device asks for the code after your password.

B

TermWhat it means
Balance correctionA dated entry that sets a wallet's balance straight when it differs from what you really have. In the app it is Update balance. It never counts as spending or income.
Bank add-onA paid add-on to Tavala Plus, per bank, that imports transactions and balances from a bank in the United States or Canada. It is read-only.
BillA payment that repeats on a date, such as rent. In Tavala a bill is a recurring rule that spends money. Home shows the next ones and subtracts them in Safe to spend.
BudgetA monthly limit in your main currency, either one for everything or one for a category. Budgets measure everyday spending, so trips and projects are outside them.

C

TermWhat it means
Capture barThe one-line field where you type something like coffee 4.80 to record an entry.
Cash keptMoney in minus Money out for the month: the cash that stayed in your wallets. It is not savings.

D

TermWhat it means
Debt walletA wallet, with the role Debt, for money you owe, such as a loan or a credit card. It counts against your net worth, and it never moves What's Left.
Device slotThe free plan syncs 1 device at a time, and all browsers count as one. That place is the slot. Moving it to another device is free, 3 times in 30 days. Tavala Plus syncs every device.

E

TermWhat it means
Entry currencyThe currency you typed an entry in, when it differs from the wallet's currency. Tavala converts it to the wallet's currency when you save.
EstimatedAn approximate amount, such as a rough cash figure. The entry shows an Estimated pill, and you type ~ before the amount to mark it.
Everyday spendingThis month's spending without trips and projects. Budgets read this figure.

G

TermWhat it means
Group passA one-time purchase that opens one space to 6 people for 60 days, without Tavala Plus. Each space can have one. It is sold in the apps, not on the web.
GuestUsing Tavala without an account. Your data stays on that device, with no backup and no sync.

H

TermWhat it means
Hidden amountsA switch, the eye on the Home card, that replaces every amount on screen with dots on this device. Exports and the home screen widget are not affected.

I

TermWhat it means
Investment walletA wallet, with the role Investment, that comes from a linked bank or brokerage account. It shows a balance only, and you cannot add one by hand.

L

TermWhat it means
Left in budgetA budget's limit minus what you spent against it this month. It goes negative when you are over.
Lending walletA wallet, with the role Lending, for money you lent to someone. It counts as something you own, and it never moves What's Left.

M

TermWhat it means
Main currencyThe one currency, per space, that everything is added up and shown in. You pick it when you add your first wallet. Only the space's owner can change it.
Member rolesA space has two roles. The Owner can rename the space, change its main currency, invite people and remove them. A Member can add and edit entries.
Money inCash that came into your wallets this month: income, plus any money you borrowed.
Money outCash that left your wallets this month: spending paid from them, plus loan payments. Moving money between your own wallets counts in neither Money in nor Money out.

N

TermWhat it means
Net worthEverything you own minus everything you owe, at today's rate. It is shown on the Money tab.

P

TermWhat it means
PasskeyA sign-in that uses Face ID, a fingerprint or a device's screen lock instead of a password. It is only offered where the device and the account support it.
PendingA bank hold that has not posted yet. It shows a Pending pill, counts in your totals, and is replaced by the posted entry.
ProjectAn open-ended group of spending, such as a new apartment. With no end date, or a span over 60 days, it takes only the entries you add to it. Its spending is counted apart from everyday spending.

R

TermWhat it means
Recurring ruleA schedule that posts an income, an expense or a transfer on its dates, even offline. You manage them in SettingsRecurring & bills.
RefundMoney returned for a purchase. It adds to the wallet and lowers that category's spending. It is not income.

S

TermWhat it means
Safe to spendWhat's Left minus the bills due before your next income, or within 30 days when no income is set up. It never goes below 0.
Savings goalA wallet, with the role Savings goal, that has a target amount. You fund it with transfers, and it never moves What's Left.
SpaceThe unit you share. Wallets, entries, budgets and the main currency belong to one space, and you can switch between spaces.
SpendingEverything you consumed this month, even on credit, including loan interest, minus refunds.
Spending walletA wallet, with the role Spending, of the type Cash, Bank, Card or E-wallet. Spending wallets make up What's Left.
SyncWith an account, your changes upload to your account and appear on your other devices. Changes made offline wait and upload when you are back online.

T

TermWhat it means
Tavala PlusThe paid plan. It syncs every device, holds every currency and as many spaces as you need, and lets you share a space with up to 6 people. The free plan syncs 1 device, holds 2 currencies per space and 2 private spaces.
TransferMoney moved between two of your own wallets. It is not spending and not income, and it counts in neither Money in nor Money out.
TripA trip with dates takes the expenses dated inside it, when it lasts 60 days or less. Its spending is counted apart from everyday spending.

W

TermWhat it means
WalletWhere money is held, in one currency that is fixed when you create it. A wallet has a role: Spending, Savings goal, Debt, Lending or Investment.
What's LeftThe balance of your spending wallets right now, in your main currency. Savings goals, debts, lending and investments are not in it.

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