Account Title is a free form field on the Add / Modify Account Details Screen.  It's purpose is to give you a place to provide a custom account name that can be used on reports instead of the account type.

For example, the account type may be "Roth IRA" and a report may display an account type and number of "Roth IRA (6453874R)".  You may want the report to display "Joe's Roth IRA With Fidelity".

By filling the Account Title with "Joe's Roth IRA With Fidelity" that can appear on the report instead of the normal account type.

Please note: This is a change suggested by a user and we are gradually making the report changes in early 2011.