Movements
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Types of movements
There are 3 types of movements in Money:
🟢Incomes
money entering an account
increases the account balance. increases the total business balance.
🔴Expenses
money leaving an account
reduces the account balance. reduces the total business balance
⚪️ Transfers between accounts
money moving from one account to another.
reduces the balance of the account that sends. increases the balance of the account that receives. does not change the total business balance.
Movement states
A movement can be:
🏴PENDING
these are movements you have registered but have not yet truly impacted the account.
they ARE counted in reports and subtotals of Categories
they DO NOT change the account balance
DONE
normal movement, impacted the account at the time it was made.
they ARE counted in reports and subtotals of Categories
they DO change the account balance
✅RECONCILED
movements that were pending, done at one time, but impacted the account later.
they ARE counted in reports and subtotals of Categories
they DO change the account balance from the date they were reconciled.
Reports
Money calculates monthly subtotals of all Categories.
You can choose the “report month” for each movement if you want to include it in the report (eg: participatory administration closing) of another month.
Example: A student pays tuition for one month in a different month.
The “report month” is also considered in Plans to determine which month a payment corresponds to.