Abstract: The transcription software records actual transactions as transfers of money between two of five accounting categories of income (I), expenses (E), assets (A), liabilities (L) and capital (C). Example: 1823.15, A<I. The directional graphic character “<” visually indicates the direction of transfer between a user-input source and a destination category and always points at the destination category, thus assisting the user in posting the actual transactions. Since the destination is identical with the debit category, and the source with the credit category, the computer automatically posts the amount, in a fully computerized ledger-creating program, on proper debit and credit accounts. In a modification, a plurality of account titles are assigned to each of the four basic categories (I, E, A, L), and each title includes a numeric identifier and a descriptive name. The first digit in the identifier denotes a category and the remaining digits denote an account number.