I am attempting to set up Manager for my person finances. In the past I have set up separate accounts for tithe, housing maintenance & expenses, annual expenses, and a savings/emergency account as equity accounts (which totaled would equal total equity). My objective is to keep a running total for the year in these special categories. The main question: what would be the **easiest** way to do what I want to do. Can I get there from here?
I used to be able to do this in a program called "Accounts" I used for years, which was also from Australia. This involved setting up these accounts as "funds", as equity accounts so I could add and subtract amounts directly, balanced against an 'accruals' expense account I set up. I am no accountant so that may be totally wrong. So if I wrote a check to the church it came out of checking and went directly into my 'tithe' account (equity). I added an amount from my budget at any time of my income less general expenses through the 'accruals' expense account at the end of the month.
Otherwise I think this could have something to do with owner's draw accounts (?) Also, I figured out how to use 'divisions' as sub-accounts for utilities- expenses and healthcare-expenses. Could this possibly work in with equity as well?