Getting money for Gnucash development [was Re: Newbie migration
issues]
TC
tc at emailetc.co.uk
Tue Feb 1 22:07:57 EST 2005
Robert Uhl wrote:
> Rod Engelsman <rodengelsman at ruraltel.net> writes:
>>What exactly can you do with gnucash that you can't do with Quicken?
> The same things that the Italians were suddenly able to do when they
> invented double-entry accounting which they weren't previously able to
> do. Their discovery fuelled the Renascence--mine has lifted me out of a
> hole. Being able to watch how money dances is an illuminating
> experience.
Don't wave Italian pedigree and unusually spelled historical periods at
us and think we're bamboozled :-)
Answer the question. What "exactly" can you do with gnucash that you
can't do with Quicken?
Answer:
1. Run on Linux
2. Freely share the code and modify it
3. Download and use it for free
Non-answer:
1. Double Entry
> The situation is very similar with accounting:
> once one groks double-entry accounting, suddenly the scales fall from
> one's eyes and one has a 'eureka!' moment.
Can we knock please this on its head once and for all.
Quicken *does* double-entry book-keeping. It appears to give you the
possibility of making a Single Entry transaction, but in reality even
such entries have a destination account. It's called "Uncategorized".
Besides, here is the bottom line.
<rant>
Despite what accountants have drummed into them in their college days,
Double Entry is *not* some basic law of nature. It wasn't some
fundamental truth that was established by some Italian merchants half a
millenium ago. It is simple a Means To An End.
And The End is:
a. Clean arithmetic
b. A base for financial analysis
Now certainly in Ye Olden Days of Parchment and Feather Pens, writing
down a transaction twice, in two different places, was a Good Thing.
But for goodness sake, let's not treat that system like an ancient
immovable religion. It as *one* possible system for achieving The End.
After all, what would you rather have: some old Italian bloke with a 6lb
leather bound ledger, and a bottle of ink, or a reasonably intelligent
modern human, with a PC and a copy of Quicken?
tc
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