Affects
Anyone who wants to understand the accounting principles behind a ledger — including engineers, finance and product teams, and implementation partners working with Midaz. This is new conceptual content and does not change any runtime API behavior, endpoints, or payloads.
What changed
1. New Accounting series in Fundamentals
A new Accounting series has been added inside the Fundamentals tab, covering accounting from the ground up and ending with a bridge into Lerian’s products:- What is accounting / Why accounting matters — the purpose of accounting and why it matters for a ledger.
- Assets, liabilities & equity — the accounting equation and what each side represents.
- Debits and credits — how entries are recorded.
- Double-entry bookkeeping — keeping the books balanced.
- Chart of accounts — organizing accounts into a coherent structure.
- Financial statements — balance sheet, income statement, and how they relate.
- Journal entries — recording transactions.
- Revenue and expenses — recognizing income and costs.
- Accrual vs. cash accounting — the two timing models and when each applies.
- The accounting cycle — the end-to-end flow from transaction to statement.
- Accounting in Lerian — a bridge that connects these principles to Midaz.
2. Cross-links, diagrams, and cleanup
The Accounting and Core Banking series are now cross-linked so readers can move between principles and ledger mechanics. Mermaid diagrams were added to illustrate key flows, and duplicated content across the Fundamentals material was removed for a cleaner reading path.Impact
This is a documentation-only update. There is no change to product behavior, API contracts, or configuration. No migration is required. The series is conceptual and complements the Core Banking series, with the Accounting in Lerian page connecting the theory to Midaz.
What you need to do
Read the Accounting series in the Fundamentals tab to build accounting fundamentals from first principles.