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Simon Michael
2024-04-11 10:38:48 -10:00
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@@ -51,10 +51,6 @@ For individual accounting, somewhere between 500-1500 transactions and 100-400 K
See [[Choosing accounts]].
### Why are some balances negative ?
See [[#why-do-some-balances-look-negative|below]].
## Accounting
### What are the three top level accounts ?
@@ -156,7 +152,7 @@ You can get used to reading these signed-number reports in a day or two.
Just remember: when equity increases (more wealth!) or liability increases (more debt!) or revenue increases (more income!),
their balance is shown as a larger negative number (more negative).
Some PTA tools allow flipping the minus signs, or showing traditional debit and credit terminology instead of signed numbers.
Some PTA tools allow flipping the minus signs, or showing debit and credit terminology instead of signed numbers.
- [hledger FAQ: Why are my revenue (income), liability, and equity balances negative ?](https://hledger.org/faq.html#why-are-my-revenue-income-liability-and-equity-balances-negative-)
- [reddit: Is there any plain text accounting software which uses standard debits and credits?](https://www.reddit.com/r/plaintextaccounting/comments/18sbmsx/is_there_any_plain_text_accounting_software_which/)