A response from the trenches
Derek Atkins
warlord at MIT.EDU
Sun Apr 24 23:15:24 EDT 2005
Quoting Derrick Ashby <daeroncs at fastmail.fm>:
> I suppose it depends what you mean by both "basic" and "accounting
> feature". Personally, I'd like to see the ability to use cash accounting
> rather than accrual accounting for business income and business taxes. I
> can't really convert our business fully to gnucash unless that happens.
That's purely a reporting issue; you just need to subtract your A/R from Income
and A/P from Expenses. It's really not hard to "fix" after the fact; it's just
that the current reports dont back-track for you.
I'll also note that by definition you can't do invoicing in a non-accrual basis.
By definition an invoice IS an accrual. It's just a question of how you
report it at the end.
-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
warlord at MIT.EDU PGP key available
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