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Left/Right

Every transaction indicates cause and sequence, or what is increased and decreased. For example, ‘Cash payment for Food expense’ means ‘Increase in Food expense, Decrease in Cash on hand’. The following examples show how the combination of Left/Right works and this pretty much appears what is increased and decreased so you can pick an item and a relevant symbol.

Example

  • Paid Cash for Food (=Cash paid for Food expense): Expense and Cash. Expenses always stay in the left side so put it into left side and Cash always stay in the right side so put it on the right.
  • Transferring money from Bank A to Bank B (=Bank B received money from Bank A): It is a (+) for Bank B but (-) for Bank A as Bank A had to transfer/ move amount of money to Bank B account. Simple!
  • When you receive money as Loan to Bank (=Bank A received money as Loan): therefore, for Bank A, it is (+) as it has received money, (+) for Loan/Liabilities as well.

Category Analyzation

Categories
CategoriesLeft Right
General Revenue
Assets +
Revenue
General Expenses
Expenses
Assets -
Expense on Credit cards
Expenses
Liabilities +
Calculation of credit cards payment
Liabilities -
Assets -
Owing money
Assets +
Liabilities +
Paying money back
Liabilities -
Assets -
When I lend money or get paid back
Assets +
Assets -
Credit transfer, withdraws, deposits
Assets +
Assets -
Setting Underlying asset
Assets +
Net Asset Value -
Setting Debt based asset
Liabilities +
Assets -

Selection Method

Relevant items will come up by clicking it or typing an item name on the text window You can also use the up/down arrow keys to select. If you wish to select items in order of mention, please use Control + Up/Down arrow keys on the text window.


Related Terms

Left/Right   Awesome Box   Date   Frequent transactions   Items   Note   Amount   Monthly transactions   Left/Right   Awesome Box   Date   Frequent transactions   Items   Note   Amount   Monthly transactions   Left/Right   Awesome Box   Date   Frequent transactions   Items   Note   Amount   Monthly transactions   Left/Right   Awesome Box   Date   Frequent transactions   Items   Note   Amount   Monthly transactions   Left/Right   Awesome Box   Date   Frequent transactions   Items   Note   Amount   Monthly transactions   Left/Right   Awesome Box   Date   Frequent transactions   Items   Note   Amount   Monthly transactions   Left/Right   Awesome Box   Date   Frequent transactions   Items   Note   Amount   Monthly transactions   

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