Definition: A hidden account is one that exists in your financial software data file, but you mark as hidden.
You may want to hide an account when it becomes obsolete because you pay it off or close it, yet you do not wish to delete it because doing so will affect transactions in another account. An example would be that you paid off a loan using your checking account and if you delete the loan account, the transactions in the checking account would also be deleted, leading to balance inaccuracies.
By hiding accounts you no longer use, you keep your transaction history but you do not have unused accounts cluttering your lists and reports.
Also Known As: Hide Account Option
Examples:
I closed my car loan account after paying it off, so I hid this account in Quicken since I no longer needed to monitor it monthly.
