About the Advanced Account Register
The Advanced Account Register is designed for people who enjoy
updating and analyzing their finances, and are willing to invest
extra time and effort in tracking the precise details of their
financial situation. The detailed information tracked in the
Advanced Register is typically used for very thorough budgeting,
long-term planning, and tax analysis.
If you don't want to spend a lot of time on your finances, use
the Essential Account Register to stay up to date,
effortlessly.
The Advanced Register includes the following advanced
features:
- Subcategories. Divide categories into smaller
units so that you can track spending at very detailed levels and
aggregate the details. An example is breaking out car expenses into
gasoline, maintenance, and parking.
- Detailed manual entry of transactions. Add
detailed information on transactions that haven't cleared your
bank.
- Support for offline accounts. Type in all
transactions instead of receiving online updates. (You can use
online updates in the Advanced Register, but you don't have
to.)
- Transaction memos. Add notes to each
transaction so that you can track additional information not
covered in the rest of the transaction.
- Itemized (split) transactions. Split a single
purchase or deposit amount into amounts for different spending
categories.
- Account balancing. Compare the transactions
you've entered in Money with those that have cleared your
bank.
- Detailed investment tracking. Track all of
your purchases, sales, capital gains distributions, dividend
payments, and more.
To determine whether an account is using the Advanced or
Essential Register, look in the top right corner of the account
register. You'll see a label indicating Advanced Register or
Essential Register.