So, collect up your papers and see the following sections for each item in KMyMoney.
These hold a value. Transactions are created against one or more accounts.
These are the accounts which hold your money and possessions that you wish to monitor. The following types are available:
Standard bank checking account.
Standard bank savings account.
Money in your hand or wallet.
Loans you make to someone else.
Money you invest.
Property, collections, etc.
These are completely optional and can be used to group accounts, and show a total value for all accounts in each group.
These represent non-managed income and expense accounts that do not have a value. The total value of transactions is shown against each category. A category or transfer account is required for each transaction.
Categories can be split into sub-categories, but this relationship is only for display purposes, as the sub-category totals are not included in the higher level category total.
Tags are very similar to Categories, as they are also non-managed accounts that do not have a value. However, unlike Categories, the use of Tags is completely optional.
These are optional for transactions. They are required for Scheduled transactions. A transaction history, with category, is shown against each payee.