time_t

[Mike or Penny Novack]

I would pay close attention to what Graham says here.

> I didn't say that *all* timestamps were unnecessary, what I said was 
> that dates that are actually dates, and not times, are being stored as 
> times, and that this is incorrect.
>
> For an example, look at the date entered in a transaction. The UI only 
> allows you to choose a year, a month and a day, and because of this, 
> you should only store a year, a month and a day.
>
It is actually the case that (depending on financial policies) storing 
the actual time could present problems.

For example -- the rule might be "process all credits for the given date 
before any debits for that date" --- or vice versa. If the programmer 
mistakenly used time stamps rather than dates, the sort would not give 
the expected results.

Michael