Account reconciliation docs
Jon Lapham
lapham at extracta.com.br
Wed Aug 6 20:25:36 CDT 2003
Derek Atkins wrote:
> This is a gnucash-devel question, not a gnucash-user question.
> I'd have to look to see how is it actually implemented, but I
> dont have time this week.. Maybe someone else will.. Ask specifically
> on -devel.
I did. :) Roberto's comment removed -devel, but my original question
was to -devel. There .... I just re-added -devel to the CC list.
>>So, I'm guessing, that most likely it looks at the balance as of the
>>last reconciled transaction. But, I asked to get a definitive answer.
>
>
> Yes, but the balance of a particular transaction is computed
> 'recursively' from the balance of the previous transaction.
>
>
>>Oh, okay, so "interest payment" means *interest earned* on that account?
>> Yeah, I'm with you, I think I would prefer to actually enter that
>>manually. Weird. Why do we have this option?
>
>
> Yes, it's the "Interested Paid to you for allowing the bank to use
> your money" It's here because some people felt it was a decent place
> to add it for simple bank-statements. Some banks don't actually
> consider the interest to be a "transactions", and they are placed on
> the statement as a separate line-item.
>
> Basically, it's a UI "syntactic sugar" for entering an interest
> payment transaction.
>
> Note that in credit cards or, the interest could be paid BY you
> instead of paid TO you...
Excellent. Thanks for the explanation.
--
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Jon Lapham <lapham at extracta.com.br> Rio de Janeiro, Brasil
Work: Extracta Moléculas Naturais SA http://www.extracta.com.br/
Web: http://www.jandr.org/
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