AccountsTable of Contents
Your KMyMoney file contains one or more accounts. All your money is in one of these accounts. There are several different types of accounts. Typical “Asset” accounts include bank accounts, cash, and investments. Typical “Liability” accounts include credit cards and loans.
There are two other account types: “Income” and “Expense.” These accounts are “Categories,” and are a way to organize your transactions. They are treated internally by KMyMoney as accounts, and are described in more detail in the section on Categories. Income and Expense accounts are always displayed in the Categories View, but it is possible to configure KMyMoney to also display them on the Accounts View.
You may also see “Equity” as an account type. Any account of this type is a special account in KMyMoney, used to hold the opening balance transactions of other accounts.
The final type, although it is displayed first on the list, is “Favorite.” These are accounts of any other type which you have indicated are “favorite” accounts in the details when creating or editing that account.
The Accounts View provides a summary of all the accounts. It is similar to the Institutions View, except accounts are grouped by the type of account. The list of accounts under any account type (or under the parent account for any subaccounts) can be expanded or collapsed by clicking the arrow to the left of the type or name.
Similar to the Institutions View, the Accounts View displays several columns with descriptive and summary information about each account. As with the Institutions View, you can select which columns are shown by right-clicking any column heading and selecting or unselecting the checkbox next to the name of the column.
The rest of this chapter will focus on Asset and Liability account functionality. Income and Expense accounts, i.e., Categories, are described in the chapter on Categories.
- Name
The name of the account. This column is always displayed.
- Type
The type of account, e.g., Savings, Checking, Credit Card, Stock, etc.
- Online
An indication whether this account has been configured for online access. The process of configuring accounts for online access is described in the Importing and Exporting Chapter., but details on the available settings are below in the section on Editing Account Information.
- Tax
An indication whether this account has been configured as important for tax purposes.
- VAT
An indication whether this account has been configured to apply a VAT on transactions.
- Balance
The current balance of the account, shown in the currency chosen when the account was created.
- Total Value
This is the same value as the balance, but always in the base currency chosen when data file was created. These values are summed for the row for the overall account type.
- Number
The account number, if one was entered.
- IBAN
The IBAN (International Bank Account Number) is shown if there is a value entered in the appropriate field on the account information dialog.