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