The initial design for Income and Expenditure

Hi,

I would be very grateful if anyone could advise the best way to design an Access database to record Income and Expenditure???

Is it best to have 2 separate Tables to record the INCOME and the EXPENDITURE???


1. My thoughts are that I need 2 different Tables:-
Income Table
Expenditure Table

2. Therefore, I will need 2 different Forms:-
Income Form (to record money coming in such as rental income, annual management fee, commission, advance payment for repairs etc)
Expenditure Form (to record money paid out such as payment for repairs, taxes, association dues etc)

3. Therefore, to produce a Report of all the INCOME and EXPENDITURE (to see the overall Profit/Loss), I will need to merge these 2 tables together before I produce the Report?

I was wondering if this is the best way, or if I am missing something a lot more easier?

Thanks in advance.