Jazz Expenses Application
Data collected for Jazz Expenses include:
- Expenses
- Incomes
- Transfers
- Categories
- Accounts
Categories and Accounts form the basis of the the expense model. Expenses, Income and Transfers build on accounts and categories.
Categories
Categories are a tagging capabilities.
Accounts
Accounts are banking concept. e.g. tracking money in your bank account, tracking money on your credit card, tracking the cash spent in your wallet.
Expenses
Expenses are the money spent from an account.
Income
Income is the money that you earn.
Transfers
Transfers are the money transferred between accounts, e.g. this happens when you pay a credit card bill.