Add Summary Account

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Although you may only accumulate individual amounts in the Detail accounts, it is useful to be able to summarise groups of similar accounts under a single heading.

 

You can have as many Summary accounts as you like. Each Summary account will contain the sum of all the Detail accounts which follow it in the Account Names List until the next Summary or Category account.

 

The Summary accounts are the ones that appear by default in the Financial Reports in order to make clearer reading of those reports. (You can request that any report be displayed with Detail accounts instead of Summary accounts).

 

You can also maintain Budgets at the Summary account level.

 

Input

 

Summary Account Name.

 

You can enter any name that is relevant to you. The system will change the input to upper case.