[GNC] Account types "Bank" and "Cash"

[William Prescott]

I use the "Bank" account type. When I reconcile, it opens a popup window to enter an interest payment. Sometimes I use it and sometimes I find it a nuisance so I am ambivalent about the value of the feature, but it is there.

Best wishes,
Will

On 2 Jul 2024, at 13:38, Adrien Monteleone <adrien.monteleone at lusfiber.net> wrote:

At the least, the informal labels change. (thus, when *not* using Debit/Credit)

There used to be a feature that allowed for adding an interest transaction for checking accounts when using the reconciliation feature. I seem to recall it being problematic, and so I think it was disabled, but I can't be certain. That would only have triggered for accounts of type 'bank'. (there is a comparable feature for 'credit card' type accounts) But if you aren't reconciling, I wouldn't think that matters anyway.

I don't know of any other particular reason you would want to use the special cash and bank types.

Regards,
Adrien

On 7/2/24 2:19 PM, Stan Brown (using GC 4.14) wrote:
> Executive summary: Cash and my checking and saving accounts are assets.
> What difference does it make if I assign them account types of Cash and
> Bank respectively, or just assign all three an account type of Asset?

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