What is the difference between an account and an investment?
Where to find it: ACCOUNTS and INVESTMENTS
An account is the container: for example, your TFSA at a particular institution. Its type determines how contributions, withdrawals and taxes are treated. The investments inside it are what you own: cash, GICs, funds, stocks or a Portfolio representing several holdings.
MRA calculates an account’s balance by adding the values of its investments. There is no separate account balance to update after setup. To change the balance, open ACCOUNTS and INVESTMENTS, find the account and choose Edit Investments or Edit Cash.
For example, an account with $2,000 in Cash and $18,000 in an ETF has a $20,000 balance. Do not enter $20,000 in Cash as well as the ETF; that would count the ETF twice.