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update doc
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ananthakumaran committed Aug 27, 2022
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Expand Up @@ -4,6 +4,17 @@ Even though **ledger** doesn't have any Account naming convention,
**paisa** makes lot of assumptions and expects you to follow the same
naming convention.

There are four types of account namely

1. Assets
1. Liabilities
1. Income
1. Expenses

### Checking

Your checking account should be named `Assets:Checking`.

### Assets

All your assets should go under `Assets:`. The level of granularity is
Expand All @@ -22,3 +33,7 @@ All your income should come from `Income:`.
### Tax

Income tax paid to government should be credited to `Expenses:Tax` account

### Expenses

All your expenses should go to `Expenses:{category}` accounts.

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