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author | dos <dos@scarff.id.au> | 2004-07-29 12:54:19 -0400 |
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committer | dos <dos@scarff.id.au> | 2004-07-29 12:54:19 -0400 |
commit | 89c9bd2239024169c96c5df07e36485d867b3ce2 (patch) | |
tree | f0424637ab7002db8a470474e92ea2b2f3e1d32d | |
parent | 17f770fa86c013883ddfc4c6a43528e065d494d0 (diff) | |
download | fork-ledger-89c9bd2239024169c96c5df07e36485d867b3ce2.tar.gz fork-ledger-89c9bd2239024169c96c5df07e36485d867b3ce2.tar.bz2 fork-ledger-89c9bd2239024169c96c5df07e36485d867b3ce2.zip |
"cash" usage in README
-rw-r--r-- | README | 19 |
1 files changed, 11 insertions, 8 deletions
@@ -296,7 +296,7 @@ Relatedly, your Income accounts will show up negative, because they transfer money *from* an account in order to increase your assets. Your Expenses accounts will show up positive, because that is where the money went. The combined total your Income and Expenses is your cash -flow. A negative cash flow means that you are spending more money +flow. A negative cash flow means that you are spending more cash than you make. To see your current cash flow, use this command: <example> @@ -722,16 +722,16 @@ Clear as mud? Keep thinking about it. Until you figure it out, put "=-- -Equity=" at the end of your balance command, to remove the confusing figure from the totals. -** Dealing with cash +** Dealing with Petty Cash Something that stops many people from keeping a ledger at all is the -insanity of tracking cash expenses. They rarely generate a receipt, -and there are often a lot of small transactions, rather than a few -large ones, as with checks. +insanity of tracking small cash expenses. They rarely generate a +receipt, and there are often a lot of small transactions, rather than +a few large ones, as with checks. -The answer is: don't bother. Move your spending to a debit card, but -in general ignore cash. Once you withdraw it from the ATM, mark it as -already spent to an "Expenses:Cash" category: +One solution is: don't bother. Move your spending to a debit card, +but in general ignore cash. Once you withdraw it from the ATM, mark +it as already spent to an "Expenses:Cash" category: <example> 2004/03/15 ATM @@ -943,6 +943,9 @@ journal than a ledger. In an accounting ledger, transactions are grouped by account. In a general journal, transactions are commonly listed in chronological order. +Often "cash" is used to refer to a liquid savings account at a bank, +rather than the physical notes and coins you may withdraw. + In general, an "addition" in Ledger is an accounting debit, and a "subtraction" in Ledger is an accounting credit. The following table shows the "normal" balances for the different types of accounts. |