Einzelkonten

Einzelkonto (plural Einzelkonten) is a term used in German-speaking financial contexts to describe a bank account that belongs to a single person, as opposed to joint accounts or business accounts. In everyday banking, an Einzelkonto is an account owned and managed by one natural person, who alone has access and responsibility for the funds. It is common for salaries, everyday spending, savings, and personal investments. Depending on jurisdiction, this type of account can be opened for adults and may also be available to minors under parental authority or guardianship. A Gemeinschaftskonto, or joint account, exists for two or more owners and is designed for shared finances.

In accounting practice, the term Einzelkonto can also refer to an individual ledger account within a chart of accounts. Such an account tracks a single asset, liability, equity, income, or expense item in detail, enabling precise financial reporting. It contrasts with grouped or summarized accounts, which aggregate several items. The concept is used in both private and corporate bookkeeping to improve transparency and traceability of transactions.

Regulatory and practical considerations vary by country. Access rights, powers of attorney, and tax implications can differ, and banks may require identification and address verification. Protective arrangements or restrictions may apply for minors, elderly, or other dependents. In summary, an Einzelkonto denotes ownership by one person, whether in everyday banking or in the detailed segmentation of accounting records.