Does the account-specific Balance Type setting actually do anything?

@LukeNM

It is set to Bank Balance (Default) but it displays Balance with Pending

I think you are responding to my post. So I interpret this as meaning that when:

• the general setting for all accounts on the Accounts list is "Balance with Pending", and
• the account-specific setting in Settings | Accounts is "Bank Balance (Default)"

then the setting displayed on the accounts Transaction List page is "Balance with Pending."

That's interesting. It makes it seem as if the general setting controls over the account-specific setting. But it may (or may not) depend on which one was set most recently.