A heresy: optionally merge credit/debit columns into one, use negative/positive numbers instead
It seems to be a tradition in accounting to use negative numbers as rarely as possible. But the columns credit/debit (or in other incarnations deposit/withdrawal, spend/receive, ...) are in my view just confusing. In the end you either add or subtract to an account, so there is no point in having one column for subtraction and other column for addition.
2
votes
Vojtech Fried
shared this idea
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tony coyle
commented
indeed it is a heresy, but not because of dogma... but because of training.
EVERY accountant in the world understands what these terms mean in the context of the account class (asset, equity, expense, income, and liability). Changing that would be less useful than for you to simply learn the terminology needed to properly use the software.