Well, it actually does. Where classical accountancy software (Unit4, Exact, etc.) focusses on the ledger aspect, making it hardly impossible for human beings to use the software, we take a different approach.
We thought: what is accounting about? It is about registering financial facts. That's what we actually do. We optimized the user interface for normal human beings registering financial facts. We are then able to derive the entire accountancy fundament with double entries, ledgers, etc.
Suppose one transfers 100 euro from their bank book to the cash book. This should be registered using a cross post (don't know if this is the correct term). No human being (freelancer) understands this. But if they can select: oh, this was a cash withdrawal, Money Monk knows how to register the financial facts.
We thought: what is accounting about? It is about registering financial facts. That's what we actually do. We optimized the user interface for normal human beings registering financial facts. We are then able to derive the entire accountancy fundament with double entries, ledgers, etc.
Suppose one transfers 100 euro from their bank book to the cash book. This should be registered using a cross post (don't know if this is the correct term). No human being (freelancer) understands this. But if they can select: oh, this was a cash withdrawal, Money Monk knows how to register the financial facts.