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Updated full description (markdown)
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@ -47,8 +47,8 @@ Transactions have a few useful fields: a description, the amount (duh), the date
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In Firefly, a transaction can be a withdrawal, a deposit or a transfer. Beyond the obvious, they are slightly different from one another:
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- Withdrawals have a dynamic "expense account" which you can fill in freely.
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- Deposits don't have budgets, but do have dynamic "revenue accounts".
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- Withdrawals have a dynamic "expense account" which you can fill in freely. If you go to a new store, simply enter the withdrawal with the new store as the expense account, and Firefly will start tracking it automatically.
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- Deposits don't have budgets, but do have dynamic "revenue accounts". This works in the same way as withdrawals do.
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- Transfers can be linked to piggy banks. So you could move € 200 to your savings account and have it added to your piggy bank "new couch". Transfers don't have budgets either.
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## Budgets
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@ -82,15 +82,20 @@ Firefly III allows you to dynamically create and manage categories. Fancy charts
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### The difference between categories and budgets
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If you spend a certain amount on the same type of things _every month_, it's a budget. Bills are a budget. Groceries are a budget. "Going out" is a budget.
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If you can save money every month on a certain subject, it's a budget. Groceries are budget. Bills are a budget. If you travel by train occasionally, it's not a budget.
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First and foremost: a category is incidental. You don't buy new furniture every month but you might want to keep track of such expenses. Or you don't care about costs for public traffic (budget-wise) but a category would be nice.
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First and foremost: a category is "incidental". You don't buy new furniture every month but you might want to keep track of such expenses. Or you don't care about costs for public traffic (budget-wise) but a category would be nice.
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The rule of thumb is: would you make a real life envelope for it? If yes: budget. If no: category.
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## Tags
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Tags are an extension of categories and meant to expand on the meta-data included in a transaction. Not yet functional though. The idea is that you could add stuff like "should-not-have-bought-this" or "overly-expensive-gadget".
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Tags are an extension of categories and meant to expand on the meta-data included in a transaction. The idea is that you could add stuff like "should-not-have-bought-this" or "overly-expensive-gadget".
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Tags are currently implemented in Firefly, although you cannot _see_ them everywhere. Nor can you see nice overviews of tags. This is all coming. However, some important features of tags have already been implemented.
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* Advance payments. TODO
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* Balancing money. TODO
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## Piggy banks
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