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.
• Active until or maturity date: Optional date up to which entries can be booked on this account. If the field is left empty, the account stays active indefinitely. If a date is set, the account is considered deactivated afterwards. See Deactivating an account for details.

Deactivating an account

Once an account has been used in a transaction, it can no longer be deleted. The Active until or maturity date field still lets you remove an account that is no longer used from everyday work without losing its existing history. This applies equally to cash accounts and securities accounts.

If the field is left empty, the account stays active indefinitely. A date that is set may not lie before the account’s most recent transaction. After this date no transaction can be booked on the account: when entering or editing a transaction or a standing order, the account is no longer offered for selection depending on the chosen date, and the backend rejects any entry dated after the active-until date.

A deactivated account stays visible in the navigation tree but is shown struck through, so the reports and history remain reachable. During a transaction import as well, a position whose date is after the active-until date is rejected with a per-row error message and skipped; the remaining positions are still imported.