What does "Reserved" indicate on Financial Types/Accounts?

Question

I see we can set a Financial Type as "Reserved" with a checkbox. What does that do, and does it set that flag automatically on the associated accounts?

Answer 1

'Reserved' on items like this in Civi indicates that it's something that you don't want to be updated or deleted, as it's an important item. So non-admin people can't update or delete it - in this case you have to have the 'CiviContribute: access CiviContribute' permission to be able to update. Groups and tags can be protected in a similar way.