I have multiple savings that I want to track, eg - new car, vacation, etc. I'm storing all the money for those in a single bank account. I'm not sure how to track this via double-entry bookkeeping. For example:
credit cash $ 300 debit bank account $ 300 ? savings - car $ 200 ? savings - vacation $ 100 ? offset savings $ 300
I assume the savings accounts would be Asset accounts. I'm not sure what I would use to offset them. Liability accounts of Future Car and Future Vacation?