{% extends 'swiftwind/base.html' %} {% block page_name %}{% endblock %} {% block content %}
This is money which has been paid to us by housemates. The aim should be to get these accounts to zero by transferring money to the relevant expense or stockpile accounts.
{{ account.name }} | {{ account.balance }} |
No housemate accounts | |
Total: | {{ housemate_accounts.net_balance }} |
This is money which has been received from elsewhere. The aim should be to get these accounts to zero. You can do this but putting it towards this month's expenses, or towards the stockpile. You could also save it for a rainy day by moving it to Retained Earnings.
{{ account.name }} | {{ account.balance }} |
No additional income accounts | |
Total: | {{ other_income_accounts.net_balance }} |
Amounts below are things we have already spent money on. The aim should be to get these accounts to be zero by transferring money in from the income accounts.
{{ account.name }} | {{ account.balance }} |
No expense accounts | |
Total: | {{ expense_accounts.net_balance }} |
This is money we are saving up because we know we are going to have to pay it in the future. When we eventually pay a bill it will come out of an expense account (because it will then be money we have spent). At which point we transfer the relevant stockpile into the expense account, thereby returning both to zero. Congratuations on planning for the future.
{{ account.name }} | {{ account.balance }} |
No accounts | |
Total: | {{ current_liability_accounts.net_balance }} |
Sometimes we may have long-term debts, such as loans from housemates. These don't need to be worried about from month-to-month.
{{ account.name }} | {{ account.balance }} |
No long-term debts | |
Total: | {{ long_term_liability_accounts.net_balance }} |
Sometimes we end up with more money than we need. In which case we place it into the 'Retained Earnings' account. It is money the house has earnt, and it is retained until a later date when we may choose to spend it.
Retained Earnings: {{ retained_earnings_balance }}