MoneyMint

Default user: admin/admin123 After the first installation, the system has preset the following accounts: | type| account name| description| |------|--------|------| | assets| Assets:Cash |cash| | assets| Assets:Bank |bank deposits| | income| Income:Salary |wage income| | expenditure| Expenses:Food |food and beverage expenses| | expenditure| Expenses:Transport |transportation spending| | liabilities| Liabilities:CreditCard |credit card| | rights and interests| Equity:Opening-Balances |opening balance| ##Double-entry Bookkeeping Guide MoneyMint uses the **Beancount double-entry bookkeeping method **, and the core rules are: > ** The sum of all amounts per transaction must equal 0** ###Understand double entry bookkeeping Double-entry bookkeeping is like the conservation of energy in physics: money does not create or disappear out of thin air, it just flows from one account to another. ``` Income of 200 yuan → Increase your wallet by 200 yuan ↓ Money flows out of the "revenue" account → flows into the "asset" account ``` ###Accounting example #### 1ˇ Record income ** Scenario **: Received a salary of 5000 yuan and deposited it in the bank | account| amount| description| |------|------|------| | Assets:Bank | 5000 |Increase in bank balances| | Income:Salary | -5000 |source of income| >** Skills **: Use negative numbers for income accounts to mean "money flows out of here" --- #### 2ˇ Record expenses ** Scenario **: Lunch costs 30 yuan in cash | account| amount| description| |------|------|------| | Expenses:Food | 30 |higher expenditures| | Assets:Cash | -30 |the decrease in cash| >** Skills **: Use positive numbers for expenditure accounts and negative numbers for asset accounts --- #### 3ˇ Account transfer ** Scenario **: Withdraw 500 yuan from the bank | account| amount| description| |------|------|------| | Assets:Cash | 500 |increase in cash| | Assets:Bank | -500 |banks to reduce|