Accounts
When you sign up the most common accounts are created. You can then add or remove accounts.
Basically there are 4 groups of accounts:
- Cash and Banks
- Credit cards
- Income
- Expenses
All accounts have balances of the month, which must be reconciled with reality.
Usually only cash and bank keep balances for the following month but you may edit or create new accounts with this option, such like a debt.
To check that you have recorded all entries, continually check that the bank account balances and cash match your bank balance and the money you have in your pocket.