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This is amazing. Thank you for making this. I agree: account-based accounting is not the perfect form, transactions can be much clearer. People here are sufferi

• Jtsummers 8y ago
  To be clear, most accounting tools still have you recording transactions in a journal (including ledger-cli, the one they were specifically comparing Transity to). Money moves between accounts, but you record it as transactions showing the from and to information. The accounts are the things you want to review after you record a transaction, to ensure balances are correct (validate your checking account with what the bank says it should be) and to understand your financial situation (current net worth and cash flow).