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Running balance / checkbook


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How can I calculate a running balance using PHP?

I have a table that will record both sales and credits and would like to display a cumulative balance. It seems redundant to have to revisit every individual transaction and recalculate the current balance each time it is required.

How can I set up an additional column named "balance" and use it as a reference point against the newest entry for the specific customer?

What is the best method of achieving a checkbook-style method?

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