An account is a representation of where you save your money. For example, if you have saved in your checking account $1,000.00 you must to create an account entitled 'Checking Account' on Mobills. Some other common examples are a saving account, food stamps card, Wallet etc.
On Mobills you can add many accounts to have better control over the money that you save in each of these accounts.
All money added into your account is referred to as Income.
All money withdrawn from your account is known as Expense.
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