finance

πŸ“˜ TwoAxis Finance Docs

Welcome to the TwoAxis Finance documentation. This guide explains the key financial concepts used in the app and how different entries interact with the Transactions list β€” your master record of all money flow.


πŸ’Ό Core Concepts

🟒 Asset

An asset is something you own that has value. This could be cash, a bank account balance, crypto holdings, etc.


πŸ”΄ Liability

A liability is money you owe to others β€” loans, credit card debt, or anything you’re expected to pay in the future.

βœ… When you make a payment toward a liability, it gets recorded in the Transactions list.


🟑 Receivable

A receivable is money that someone owes you. This could be a loan you gave a friend, unpaid freelance work, or anything expected to come in.

βœ… When you receive a receivable (i.e., they pay you back), it gets recorded as a Transaction.


🟣 Income

Income is any money that you earn β€” salary, freelance payments, investments, etc.

βœ… When you get paid, a Transaction is automatically created.


πŸ”΅ Bills

A bill is a recurring expense you pay regularly β€” rent, internet, gym, etc.

βœ… Every time a bill is paid, it shows up in Transactions.


🟠 Expense

An expense is a one-time cost β€” food, transportation, shopping, etc.

βœ… Adding a one-time expense also adds a new Transaction.


πŸ”„ Transactions: Your Money Flow Log

The Transactions list is where all the action happens. It records every inflow and outflow of money. Here’s what automatically adds a transaction:

Action Adds Transaction?
Paying a liability βœ… Yes
Receiving a receivable βœ… Yes
Getting paid (income) βœ… Yes
Paying a bill βœ… Yes
Adding a one-time expense βœ… Yes

Each transaction includes the amount, category, date, and the related account/entry.


πŸ“Ž Example Transaction Flow

You pay EGP 1,000 toward your student loan (a liability):
➑️ A transaction is created showing EGP -1,000

Your friend pays you back EGP 300 (a receivable):
➑️ A transaction is created showing EGP +300

You log an expense of EGP 150 on food:
➑️ A transaction is created showing EGP -150


πŸ“¬ Feedback?

For any questions or feedback, reach out via GitHub Issues, or email us at contact@twoaxis.org


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