Add a manual financial account

Use a manual account when you want to enter or import activity yourself. This can suit petty cash or a financial account you do not connect through a bank feed.

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Before you begin

You need permission to create financial accounts. Have the account name, type, currency, and any starting balance ready. Check the starting date with the person responsible for your books.

Create the account

1. Open Accounts and choose Add account, then the manual-account option.
2. Enter a recognizable name, such as Operating Checking or Petty Cash.
3. Choose the account type and subtype. Enter optional identifying details, such as the last four digits.
4. Enter a Starting balance if the account already has a balance. Select its Balance as of date and Default fund.
5. Save the account, then open its detail page to add or import transactions.

Starting balances

Enter a nonnegative amount. For a credit card or loan, a positive starting balance represents the amount owed. A starting balance is recorded as an opening entry; it is not a new donation or ordinary income. Leaving it blank starts the account at zero.

Avoid duplicate activity

Coordinate the starting balance and imported history. Do not recreate money already included in the starting balance. See Import bank transactions from a CSV.