Profile and Multiple Profiles
Fina Profile is a collection of a list of accounts, transactions, categories, rules. It is a container to hold all your data for a set of accounts.
Muti-profile is a unique and powerful feature of Fina. It allows you to create multiple profiles in a workspace, each with its own set of data.
This is useful for individuals who want to keep their personal and business finances separate, or for families who want to share a workspace but keep their finances separate.
Note that each profile has its own set of data, you can completely setup different categories for different profile. This gives you the most flexibility to manage your finances.
Read this blog post for full details about Multiple Profiles in Fina.
Separate Investment Accounts
One practical use case of multiple profiles is to separate investment accounts from other accounts.
Since investment accounts mostly bring in trading transactions which are not related to cashflow, so it is pretty noisy to mix them with other accounts' activities, such as checking, saving, credit card, etc.
If you have active investment accounts connected in Fina, you are recommended to create a separate profile for them.
Business and Personal
Another common use case of multiple profiles is to separate business and personal accounts. If you are a freelancer or a small business owner, you may want to keep your business and personal finances separate.
Family and Parents
Some people manage finances for their family, such as parents and children, or even relatives. In this case, you definitely don't want to mix your personal accounts with their accounts.
A great example is to create a profile for your parents, and share the workspace with them. While you can manage their accounts, they can also see their own data and track their spending easily.
Read this blog post Collaborate with Partners or Clients if you need more details about how workspace sharing works.