How do I add and delete accounts?

The first thing to do with iBank after creating a data file is to set up your accounts. Start by creating an iBank account for each financial account you have in real life (e.g. checking, savings, credit card, investment). You may also want to add a cash account to keep track of the money in your pocket.

To create a new account:

Click the account Account button on the toolbar, or click the plus button below the source list on the left. In the sheet that appears, choose the appropriate account type, then type in a name for the account and its starting and minimum balances:

The starting balance should reflect the balance in the account at the time from which you wish to track your transactions with iBank. If you want to track records back to the opening of the account, enter "0.00" (or the amount of your initial deposit) as the account's starting balance. If you only want to track records starting a week ago, enter the account balance as it was a week ago. For credit card accounts, the minimum balance should be negative to reflect that this type of account never (or rarely) carries a positive balance.

By default, iBank will input your currency information from System Preferences. If you want to use a different currency with the new account, choose one from the drop-down list. If the desired currency is not present, click the "Edit" button to configure the list of available currencies. For more information about using iBank with multiple currencies, see Multiple Currencies.

When you are done, click "Create Account." If you added a loan account, you will be presented with another sheet to configure loan options. Otherwise, the new account will be added to the source list. Select the account to view its contents in the right side of the main window.

To delete an account:

Select the account in the source list and press the 'Delete' key on your keyboard, or choose Edit>Delete. A sheet will appear asking you to confirm that you want to permanently delete the account. All transactions contained within the account will also be deleted. Any transfers in the account will be deleted, but the transactions in other accounts to which those transfers are connected will not be deleted (they simply will no longer show the account in their category fields).