Skip to content
← Back to course
These are the essential components
on which the Bkper platform is built upon.
Transactions,
Accounts,
Groups,
Books,
Collections &
Events
Basic Concepts
Core Concepts
SIX
A transaction is the movement of a resource (money / credit)
from one place to another.
For Example: When you pay for a taxi ride 🚕, the money moving
from your wallet to the driver represents a transaction.
Transactions are the building blocks of an economy
Transaction
Transactions
Watch the full video on YouTube
In Bkper, a transaction is represented in a similar but abstract way!
An Amount (25) moves
from an Origin Account (Wallet)
to a Destination Account (Taxi).
Wallet
25
Transactions in Bkper
Transactions in Bkper
Taxi
The Origin Account: Represents the source of the resource (The
buyer in the video or your wallet in the taxi example).
The Destination Account: Represents where the resource is
going (The goods in the video or the taxi driver 🧑✈️).
All your Transactions make up your Economy!
Wallet
25
Transactions in Bkper
Taxi
Transactions in Bkper
What are Accounts?
What are Accounts?
Accounts in Bkper help you track anything important in your financial activities.
Things such as money, credits, goods, or other assets.
You have full flexibility—you can create, rename, add, or remove
accounts at any time to fit your needs.
Shares
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Bkper organizes accounts into four categories based on their role:
Assets → What you own (e.g., cash, bank balance).
Liabilities → What you owe (e.g., loans, credit card).
Incoming → Money you receive (e.g., salary, sales).
Outgoing → Money you spend (e.g., rent, bills).
These 4 Account types help you structure your
finances clearly while keeping things simple.
Account types
What are Accounts?
Assets
Asset Type Accounts
Shares
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Represent things OWNED
Are colored Blue in Bkper
Examples: Cash, Bank Accounts, Properties,
Receivables, Inventory, etc
Blue
Liabilities
Liability Type Accounts
Shares
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Represent things OWED
Are colored Yellow in Bkper
Examples: Credit Card, Loan, Payables, etc
Yellow
Incoming
Incoming Type Accounts
Shares
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Represent the entry of resources (revenues)
Are colored GREEN in Bkper
Examples: Sales, Products, Services, etc
GREEN
Outgoing
Outgoing Type Accounts
Shares
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Represent the exit of resources (expenses or costs)
Are colored RED in Bkper
Examples: Payroll, Transport, Insurance,
Rent, Taxes, etc.
RED
Accounts are represented in a simple, abstract way.
The Colors make it easy to recognize different account
types in your transactions and reports.
All Account Types
All Account Types
Shares
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Groups
What is a Group?
Groups help you to categorize related accounts, like
expenses or income, making it easier to understand your
finances and see your overall financial picture
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Assets
Liabilities
Expenses
Revenue
Groups can be placed inside other Groups to create a structured
hierarchy, making reports even more clear and financial analysis easier.
Groups in Groups
Groups in Groups
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Assets
Liabilities
Expenses
Revenue
Income
Equity
Bank Account
In traditional bookkeeping, a Book was a physical ledger used to
record financial transactions, like the old German ledger from 1828.
In Bkper, a Book works the same way but in a digital format. It brings
together Groups, Accounts, and Transactions to track financial
activities in an organized way.
Simply put, a Bkper Book is your digital ledger, where all credits and
debits always stay balanced.
Book
What is a Book?
Metro pass 250 01/16/2027
Bkper Book
A Bkper Book is a collection of all Transactions, Accounts, and
Groups of an entity, serving as a digital ledger that tracks all
its financial activities in one secure place.
A Bkper Book
Bank Account
Investments
Rent
Loan
Credit Card
Transportation
Dividends
Salary
Assets
Liabilities
Expenses
Revenue
Income
Equity
Salary 2500 Dec 26 01/01/2027
Rent Apartment 800 01/04/2027
BOOK
Book Collections
COLLECTION
Collections
>>
>>
$$
>>
$$$
>>
$$$
$$$
USD
>>
>>
>>
>>
EUR
>>
>>
¥
>>
>>
JPY
¥¥
¥¥
¥
€
€€
€€
€
A Collection gathers multiple books together, making it easier to
navigate between them. Yet, more importantly, it defines the
scope for agents to operate within.
Events
Events
Transaction Posted
Transaction Checked
There are more events, but you can imagine automated tasks
such as recording the sales taxes automatically after posting a
sales transaction.
Bkper Events are important to Trace Activities visually on your
Books and to run automated workflows after an event.
Recap
You’ve completed the Basic Concepts lesson in Bkper.
So far, you’ve learned about:
- Transactions – How money moves between accounts.
- Accounts – What you track in Bkper, and their types Assets, Liabilities,
Incoming, and Outgoing.
- Groups – How accounts are categorized for better insights.
- Books – The digital ledger that brings everything together.
The next lessons take a deep dive in the details of each component
Core Concepts Recap
- Collections – A way to gather books and set boundaries for automations
- Events – Activities that can set automations in action.
1
/
19
Bkper Core Concepts
Learn the fundamental concepts of double-entry bookkeeping and how Bkper implements them.
← Back to course
← Back to course