A new chart of accounts would be created through the creation of the triple-entry method. The debit/credit would either be discontinued, or a debit/credit/trebit method employed. The predictive side of the equation, the budget, would allow for a more accurate representation of future transactions.
accounting entities have a momentum of income producing abilities, meaning that the business has incurred events that generate the flow of future incomes. One example of this is rent collections. If a company rents out apartments, the inflow if revenue after the initial startup continues indefinitely. Another example is the hiring of a new employee. This puts into momentum the outflow of cash for an indefinite period.
The benefits of the triple entry financial statements over current financial statements is that they give the reader the numbers necessary to estimate future earnings based on present and future transactions, not historical data.
The Budget accounts show exactly where the financial statements are or will be effected. They also show not only how fast the company is accelerating or decelerating, but also the difference in these numbers when compared to prior and future periods.
another blockchain based accounting method referred to as "triple entry" seems to be a cryptographic extension of double entry accounting