Chapter 5. Institutions

Roger Lum

Revision 1.0 (2009-05-05)

Table of Contents

Institution Options
New Institution
Account Options

The Institutions screen provides a summary of all the accounts grouped under their respective institutions. Asset accounts are symbolized with a black arrow, and liability accounts are symbolized with a red arrow.

The Institutions screen displays several columns, including the type of account and the value of each account. It also shows the total value of all accounts in each institution.

institution view

Institution Options

Right-clicking an institution name brings up an Institution Options sub-menu, providing you with several choices. Selecting New Institution... opens the New Institution Dialog, where you can enter all the necessary information to create a new institution. Selecting Edit Institution... brings up an editable window with institution details such as name and address. Selecting Delete Institution removes the entire institution and all its associated accounts. Keep in mind that you will only be able to delete an institution if you can delete all of its accounts, and you will only be able to delete each associated account if it has no transactions and no schedules refers to it. Selecting New account... steps you through the new account process, which is described in more detail in the next section.

Institution options sub-menu

New Institution

New Institution

NOTE: You must have a file open before you can create a new institution. If you do not have an existing file, you will need to create a new file.

Only the name is required in the New Institution Dialog, all other fields are optional. As with the personal information dialog, this data is not currently used by KMyMoney, but will be required by future releases for certain features. In particular, the Routing Number and the BIC (Bank Identifier Code) will be required for online banking.