This is done with variance calculation and analysis
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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