Cash

Cash accounts represent Cash in your wallet/purse.

The value of a cash account at any particular time is the sum of credits to the account minus the sum of debits from the account, up to that time. Money in the cash account is held in a specified currency. If this is different from the reporting currency, then the value of the cash account is reported both the local and reporting currency.

For those who do not wish to micromanage their cash usage, a second type of cash account is provided called AutoCash

When money is transferred to an AutoCash account it is immediately viewed as being an expense to a named expense category to a named payee. The payee and category are specified in the definition of the AutoCash account

It is also possible to pay expenses from the cash account, representing times when a cash payment was made that is worth recording. In this case the money is simply transferred from the configured cash expense category to the new category.

cash accounts do not have a parent institution.

Each cash account belongs to a cash category that controls reporting of the account and can also restrict which transactions can be performed against an account. The category also determines whether the account is AutoCash or not.