# Tracking cash balances / Double-entry bookkeeping **URL:** \ **Category:** Released\ **Tags:** early-access\ **Created:** [May 9, 2024, 1:58pm UTC](https://community.mycapitally.com/t/tracking-cash-balances-double-entry-bookkeeping/38 "2024-05-09T13:58:58Z")\ **Posts on this page:** 1\ **Showing post:** 13
**Author:** ![rafal](https://community.mycapitally.com/user_avatar/community.mycapitally.com/rafal/32/18_2.png) [@rafal](https://community.mycapitally.com/u/rafal)\ **Post date:** [June 12, 2025, 3:02pm UTC](https://community.mycapitally.com/t/tracking-cash-balances-double-entry-bookkeeping/38/13 "2025-06-12T15:02:47Z")
Initial version is released! - Go to Settings → Early access and enable Cash Tracking - Go to Settings → Cash tracking and enable it A few things to note: - You can safely turn it on and off - all cash transactions are calculated on the fly, so you won’t break your data - Currently you can only configure it globally, but there will be a way to configure it per asset, account and currency - You can enable it on accounts with existing cash balance, meaning the cash will be tracked from the earliest Cash Transfer/Buy/Balance. It’s the safest and most sensible mode, but you need to add some Account Balance or Transfer transactions for the accounts and currencies you want to track - If you enable it everywhere, it will only work for currencies you already have in your project - you will need to add them manually. Once you enable tracking, new currencies will be added automatically - You can convert all cash to a single currency - it’s meant for accounts where brokers do that for you and don’t provide FX conversions - If you navigate to your cash account, you will see all transactions that affected it’s balance. This is by design, but before the full release they will be presented a bit differently to reduce confusion. Let me know how it works for you 🙂 --- _[View the full topic](https://community.mycapitally.com/t/tracking-cash-balances-double-entry-bookkeeping/38)._