Can I get the option of counting "cash & ATM" as an asset, rather than an expense, please?

Debits can be assets OR expenses. It would be very helpful to myself, and perhaps others, if we were given the option of counting "Cash & ATM" as an asset rather than an expense. THEN, when we deduct a cash expense, it would REDUCE the Cash & ATM balance, which would be intuitive,rather than increasing it, which makes no real sense. I am left in the position of doing a "fudge" for Cash & ATM every day when I have paid things with cash. It would be VERY helpful to have the option of declaring "Cash & ATM" as an asset, which it really is, if it is not too much trouble. Thanks.

Answer

Hi bluewind1953,

There is an option to count on-hand cash or other tangible, similar assets if you use the Accounts link at the top when signed into Mint, and then click on Other, then click on the Add Other Property button. 

You can select the Money (or Debt) option and indicate in the drop down that it is Cash (Positive), then continue and enter the amount of cash you have. Then, going forward, whenever you have a change in the amount of cash you have, go back and edit this amount as appropriate.

I hope this helps you with what you were looking to do, please feel free to clarify if you were looking for something different. In the meantime, I'll tag your post as feedback so it has visibility to our developers.

Thanks,
Mint Mike

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