Why to use more than one A/R account

[Derek Atkins]

Diane Mackay <diane at mackmoon.com> writes:

> Derek Atkins wrote:
> 
> > If you (for some silly reason) created more than one A/R account...
> >
> Hi,
> 
> I believe that I read, somewhere in the irs tax publications, that a
> business must be able to provide a report of any individual customer
> account, upon request for such a report made by the client.  I think
> this is the reason that one would create individual accounts
> receivable: one for each client.

Nope, you don't need multiple A/R accounts for that.  Gnucash's
"Customer Report" will provide a complete transaction history of all
invoices and payments for a particular customer.

> Best,
> Diane

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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