Asked • 04/04/19

In double-entry book keeping, how should I track planned expenses?

So, I'm working on getting a bit better at managing my household finances and am currently working to learn double-entry bookkeeping. One thing I need to separate out and track a little better is planned / budgeted expenses (where I've budgeted some funds for household projects, such as renovations). Is there a standard practice for tracking planned expenses via double-entry book-keeping?

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