I don't have the "Cash in Wallet" option, but I do have a "Cash" account which I use. Bit strange that our systems are different, either that or you have found a function that I haven't come across.... Can you explain where the Cash in wallet option is - maybe a screenshot? I am intrigued....
I'm at the office right now. I'll try and get a screen shot this evening. I just did a search for one on the net and nothingn came up.
Again, not sure how this account came up. It was just there. it must have been created when I first set up KMyMoney. I selected to set up the most common accounts for general/household use. I'm going to try using it. I've already given it an opening balance and when I pull cash out to buy something, will record it. I'm just trying to decide if I should use round numbers or take change into account.
For instance, I bought a coffee this morning at Sheetz. it's .99. I pulled a dollar out of my wallet and got a penny back. I had 36 bucks in there, now I have 35. The dollar is gone, so I'm thinkng I'll deduct the buck from the ledger instead of .99. Because, I only have 35 dollars in my wallet. Make sense? I won't track the change. It won't be a true picture, but I'm only concerned with the folding money in my wallet and not the coin.
Or perhaps I can create a new account for change. When I get the change back, I'll throw it in a container and record it in KMyMoney as a transfer/deposit to that account. It'd be interesting to see how much the change builds over time. And I'll have an accurate accounting for how much is there.