def test_tdd(): accounts = Ledger('equity') accounts.make_stock_accounts(['cash', 'claims', 'inventory']) accounts.make_flow_accounts(['expenditure', 'revenue', 'cost of goods sold', 'depreciation']) accounts.book( debit=[('cash', 50), ('claims', 50)], credit=[('equity', 100)], text="Start with owners' equity, partially paid in") assert accounts._check_debit_eq_credit() assert accounts.get_total_assets() == 100 assert accounts['cash'].get_balance() == (AccountSide.DEBIT, 50) assert accounts['claims'].get_balance() == (AccountSide.DEBIT, 50) assert accounts['equity'].get_balance() == (AccountSide.CREDIT, 100) #print('Initial balance') #accounts.print_balance_sheet() #print('Some purchases and operating expenses') accounts.book(debit=[('expenditure', 20)], credit=[('cash', 20)],text="General expenses") assert accounts.get_total_assets() == 80, accounts.get_total_assets() accounts.book(debit=[('inventory',20)],credit=[('cash',20)],text="Purchase of equipment") accounts.book(debit=[('depreciation',2)],credit=[('inventory',2)],text="Depreciation") #accounts.print_profit_and_loss() #print('Balance sheet after first period') accounts.book_end_of_period() #accounts.print_balance_sheet() assert accounts['equity'].get_balance() == (AccountSide.CREDIT, 78) assert accounts['cash'].get_balance() == (AccountSide.DEBIT, 10),accounts['cash'].get_balance() #print('Profitable sale') accounts.book(debit=[('cash',40)],credit=[('revenue',40)],text="Sale of goods") accounts.book(debit=[('cost of goods sold',10)],credit=[('inventory',10)],text="Sale of goods") #accounts.print_profit_and_loss() assert accounts['inventory'].get_balance() == (AccountSide.DEBIT, 8) #print('Balance sheet after second period') accounts.book_end_of_period() #accounts.print_balance_sheet() assert accounts['equity'].get_balance() == (AccountSide.CREDIT, 108)
from abcFinance import Ledger, Account, AccountSide """ --------------------------------------------------------------------------- Initialize agents """ bank = Ledger(residual_account_name="equity") household = Ledger(residual_account_name="equity") bank_owner = Ledger(residual_account_name="equity") bank.make_stock_accounts(['loans','reserves','deposits']) household.make_stock_accounts(['money holdings','loan liabilities']) bank_owner.make_stock_accounts(['money holdings','participations']) bank.make_flow_accounts(['income','expenses']) household.make_flow_accounts(['income','expenses']) bank_owner.make_flow_accounts(['income','expenses']) """ --------------------------------------------------------------------------- Initialize balance sheets (outside money endowments) """ household.book(debit=[('money holdings',100)],credit=[('equity',100)],text='Initial endowment') bank.book(debit=[('reserves',100)],credit=([('deposits',100)]),text='Initial endowment') """ --------------------------------------------------------------------------- Granting of a loan """ bank.book(debit=[('loans',100)],credit=[('deposits',100)],text='Loan granting') household.book(debit=[('money holdings',100)],credit=[('loan liabilities',100)],text='Take out loan') """ --------------------------------------------------------------------------- Interest payment """ bank.book(debit=[('deposits',5)],credit=[('income',5)],text='Interest payment')
def test_banking(): bank = Ledger(residual_account_name="equity") household = Ledger(residual_account_name="equity") bank.make_stock_accounts(['reserves','claims','security holdings','deposits','wholesale refinancing']) household.make_stock_accounts(['money holdings','loan liabilities']) bank.make_flow_accounts(['interest income','interest expense']) household.make_flow_accounts(['income','expenses']) """ --------------------------------------------------------------------------- Initialize balance sheets (outside money endowments) """ household.book(debit=[('money holdings',100)],credit=[('equity',100)],text='Initial endowment') bank.book(debit=[('reserves',100)],credit=([('deposits',100)]),text='Initial endowment') print('Bank initial balance sheet') bank.print_balance_sheet() print('Household initial balance sheet') household.print_balance_sheet() """ --------------------------------------------------------------------------- Granting of a loan """ bank.book(debit=[('claims',10)],credit=[('deposits',10)],text='Loan') household.book(debit=[('money holdings',10)],credit=[('loan liabilities',10)],text='Loan') print('Bank balance sheet after granting a loan') bank.print_balance_sheet() print('Household balance sheet after granting a loan') household.print_balance_sheet() """ --------------------------------------------------------------------------- Interest payment """ bank.book(debit=[('deposits',1)],credit=[('interest income',1)],text='Interest payment') household.book(debit=[('expenses',1)],credit=[('money holdings',1)],text='Interest payment') print('Bank PnL after interest payment') bank.print_profit_and_loss() print('Household PnL after interest payment') household.print_profit_and_loss() bank.book_end_of_period() household.book_end_of_period() print('Bank balance sheet after interest payment') bank.print_balance_sheet() print('Household balance sheet after interest payment') household.print_balance_sheet() """ --------------------------------------------------------------------------- Principal repayment """ bank.book(debit=[('deposits',10)],credit=[('claims',10)],text='Principal repayment') household.book(debit=[('loan liabilities',10)],credit=[('money holdings',10)],text='Principal repayment') print('Bank balance sheet after principal repayment') bank.print_balance_sheet() print('Household balance sheet after principal repayment') household.print_balance_sheet() """ --------------------------------------------------------------------------- Dividend payment """ bank.book(debit=[('equity',1)],credit=[('deposits',1)],text='Dividend payment') household.book(debit=[('money holdings',1)],credit=[('income',1)],text='Dividend payment') print('Bank PnL after interest payment') bank.print_profit_and_loss() print('Household PnL after interest payment') household.print_profit_and_loss() bank.book_end_of_period() household.book_end_of_period() print('Bank balance sheet after dividend payment') bank.print_balance_sheet() print('Household balance sheet after dividend payment') household.print_balance_sheet()
'Deferred revenue', 'Liabilities associated with assets classified as held for sale', # Equity 'Share capital' ]) corporation.make_flow_accounts([ # Continuing operations 'Revenue', 'Cost of goods sold', 'Cost of services provided', # = Gross profit 'Depreciation and amortisation', 'Administrative expenses', 'Other income', 'Other gains/losses', # = Operationg profit 'Finance income', 'Finance costs', 'Net income from at-equity investments', # = Profit before income tax 'Income tax expense', # = Profit from continuing operations 'Net income from discontinued operations' # Profit for the period ]) bank.make_asset_accounts([ # Assets 'Cash and central bank reserves', 'Loans and advances to banks', 'Loans and advances to customers',