Cash account

If you have opted for GT, you consciously accept that a securities transaction requires an offsetting entry in an account. GT allows accounts in different currencies.

• A transaction on a portfolio is only possible if it contains at least one account - but can contain several.
• Once a particular account has been used in a transaction, it can no longer be deleted or its currency changed.

Create and edit account

An account is created, edited and deleted in the Portfolio view in the main area. You can access this view in the navigation area on the name of the portfolio.

• Create an account via the context menu.
• Edit an account in the selected account.
• Delete an account from the selected account.

Properties

As mentioned above, the properties can be changed to a limited extent.

• Name cash account: The name of the bank account must be unique in a portfolio. It is useful to include the currency in the name.
• Currency: Currency of the account.
• Borrowing rate: Annual borrowing rate in percent for overdraft control. This field controls whether the account may have a negative balance. If this field is left empty, overdraft is not allowed and the backend rejects transactions that would result in a negative account balance. A value of 0 or higher allows overdraft at the specified interest rate.
• Securities account: The input field Securities account only appears if your portfolio has several securities accounts. Within a portfolio, there is no restriction regarding the securities transaction when assigning a bank account. This can lead to ambiguities in the portfolio evaluations, so this assignment should be made for several securities accounts and bank accounts with the same currency.