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Vincent Dawans

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  1. Transaction Classifications

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    51 comments  ·  Feature Request  ·  Admin →
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    Vincent Dawans commented  · 

    Yes I too would like to see this feature but wish we could call it for what it is to dispel misunderstandings.

    What we are looking at here is features for analytical accounting: the ability to classify transactions along orthogonal dimensions that have nothing to do with the GL accounts.

    As James points out, I give more detais about this in my post at https://bugzilla.gnome.org/show_bug.cgi?id=113772#c6

    Here is another explanation about the difference between General accounting (what gnucash does very well) and analytical accounting (what gnucash does not so well):
    - General accounting (or financial accounting) is for identifying the assets and liabilities of the business. It is managed using double-entry accounting which ensures that each transaction is credited to one account and debited from another.
    - Analytical accounting (or management accounting, or cost accounting) is an independent accounting system, which reflects the general accounts but is structured along axes that represent the company’s management needs.

    Found here: http://doc.openerp.com/v6.0/book/3/3_7/index.html

    Vincent Dawans supported this idea  · 

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