Maybe this account is where laundered money is kept. Savings Recording activity in a savings account. Each time you set up an account, Money creates a new register for recording transactions. As all bookkeepers know, a register is a place for recording income and expenses, withdrawals, deposits, payments, and the like. Registers look different, depending on what kind of account you have set up, but all have places for recording transaction dates and transaction amounts.
Registers also show balances.
The balance is the amount of money in the account, or, in the case of an asset, liability, or investment account, the value of the thing being tracked. Inc. All rights reserved.