# Finance

Source: https://amolfi.com/docs#platform--finance

Amolfi’s books of record are **cash basis by default** — money is recorded when it actually moves, the way most owners already keep score in their head.

### Cash basis by default

Cash-basis books match the way a small team watches cash: income and expenses are recorded when money moves. You do not need to maintain accrual entries or a general ledger inside Amolfi.

- Cash basis by default — recorded when money moves, not when it’s promised.
- One set of books, with no accrual bookkeeping to maintain.
- Bank data via Plaid, so the books match the account.

Bank connections come in through Plaid, so the money that actually landed is grounded in the account it landed in — not a number someone re-typed from a statement.