New(?) "cash" options for bank account type

ejs
ejs Member ✭✭✭

There appear to be new options available in the list of subcategories for designating the account type of an account under the broader "banking" category: namely, "Cash," "Cash Management" and "Digital Cash." (At least, these seem new to me — I don't remember them being options before.)

What is the effect of selecting one of these categories? Accounts designated as any of these types all seem to be grouped under the "Cash & Checking" section in the transaction list. Does it make any difference whether one of these categories is selected instead of "Checking" as the account type? Does Simplifi somehow treat an account (or its transactions) differently depending on whether it is designated as a checking account or one of these cash types?

Thanks.

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Best Answer

  • SRC54
    SRC54 Superuser ✭✭✭✭✭
    Answer ✓

    I know the Cash and Digital Cash have been there a while. I haven't seen any difference in how Simplifi treats them. As you say they are all under Cash and Checking. This was simplified a while back. Digital Cash came about with the integration of Apple Cash accounts.

    Steve
    Quicken Simplifi (Safari & iOS) Since 2021
    Quicken Classic (MacOS) Since 2009

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