Dimensions?

Phillip Shelton shelton@usq.edu.au
Tue, 26 Sep 2000 23:33:53 +1000


> On Tue, 26 Sep 2000 09:27:51 +1000, the world broke into rejoicing as
> "Phillip Shelton" <shelton@usq.edu.au>  said:
> > No it is not a split. The shoes cost $50 so I want to have
> the clothes
> > account debited with $50 and the shoes account debited with
> $50 and the bank
> > account credited with $50.
>
> What you're probably looking for is the notion of "account
> roll-ups," or
> "account hierarchy."
>
> The above situation does _not_ involve having 3 $50 amounts; it only
> involves 2.

True.

> What you have is something like:
>                            DR     CR
> Clothing: Shoes            $50
> Bank Account                     $50
>
> Where the account structure isn't just a list, but a tree, where you
> have a "main account," Clothing, and a "subaccount," Clothing:Shoes,
> which is a child of Clothing.
>
> The $50 is associated with "Clothing:Shoes," and is
> associated with all
> the parents moving on up the tree.
>
> If we have balances in various clothing-related accounts, we can look
> at them directly:
>
> Clothing: Shoes: $150
> Clothing: Hats:   $75
> Clothing: Pants: $225
> Clothing: Socks:  $25
>
> Or we can "roll them up," to get
> Clothing:        $475
>
> The chart of accounts provides a tree that allows rolling things up
> to ignore as much detail as you want to ignore.  :-)

Ok. (Devils Advocate) So I have

Clothing: Shoes: $150
Clothing: Hats:   $75
Clothing: Pants: $225
Clothing: Socks:  $25

Hobbies: Sports: Shoes: $200
Hobbies: Sports: Socks:  $14

Now, can I say that I have spent $350 on shoes?  And how can I get a report
that will show me that?
>