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10. Manage Your Finances > 10.4. Transactions

Transactions

If the account is the heart of GnuCash, transactions are the blood. Without transactions, you simply have a bunch of accounts listed in a window. This isn’t terribly useful—you want to do something with all these accounts. Recording transactions is exactly what makes GnuCash useful.

A transaction in GnuCash is a record of a specific event. This event is usually money being transferred from one place to another, but it could also be the equivalent value in stocks, bonds, or real estate. For a concrete example of a transaction, look no further than your own checkbook. If you keep a register, the individual entries in that register are records of transactions. When you use GnuCash, you simply record those transactions in the computer instead of in your checkbook. (Of course, a prudent person would do both.)


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