Workspaces within Worthic are collaborative environments containing users, reporting lines, accounts and transactions, and it is where your financial data and documents are collected, aggregated and processed, allowing complete oversight over your financial life.
Workspaces exist independently of user accounts, and multiple users can have access to a workspace, and each user can have access to multiple workspaces, in different capacities.
You can view all workspaces linked to your account in the account dashboard’s Workspaces page.
Workspace ID
Each workspace has a unique workspace ID, displayed on the account dashboard workspace card for each workspace. Workspace ID should be used as the subject line of any emailed documents to Worthic, particularly if a user has access to multiple workspaces.
On mobile, find the current workspace ID under More → Import sources · Email. Compose email uses the ID as the subject.
Creating a new workspace
A workspace is created by the workspace owner. During your trial, choose Set up my workspace to create your first workspace. A new workspace can also be created from the account dashboard, by selecting Add workspace on the Workspaces page.
Creation of new workspaces is possible when your subscription plan has a remaining workspace allowance. If you are utilizing all of your available workspaces, additional workspaces can be purchased as add-ons.
On mobile, for a new account, sign in and choose Set up my workspace on Get started. Complete the workspace profile and reporting lines. Add accounts and invitations as needed. Review the setup and tap Create my workspace. For an additional workspace, use the web account console if setup is unavailable on your phone.
Workspace users
Workspaces allow multi-user collaboration. The workspace owner can invite additional users, each with specified role permissions (editor, viewer) and reporting line scope. User permissions and access can be modified by the workspace owner at any time. For more information see users and roles.
On mobile, open More → Users & roles → Invite someone. Enter the email, choose the role and reporting-line access, then send the invitation.
Reporting lines
Reporting lines are individual accounting entities within a workspace, which can share workspace accounts or have dedicated accounts. There are three reporting line types, namely personal, business and real estate.
The number of reporting lines available within a workspace is determined by the subscription plan. For more on reporting lines, see reporting lines.
On mobile, open More and choose Personal reporting lines, Business reporting lines, or Real estate reporting lines. Tap Add reporting line, enter the required details for that type, and save.
Accounts
Each workspace can contain transactional, liability and asset/investment accounts. Accounts can be owned and used by the reporting lines in the workspace and account transactions and balances are used to track cashflows and net worth/balance sheets.
For more on accounts, see account basics.
On mobile, open More → Create account → Set up an account. Choose the account type and model, enter the required details and reporting-line assignments, then save. For a partially configured account, open Manage accounts and use Complete account setup on web if offered.