Another unbalanced balance sheet

[Derek Atkins]

Bill Wisse <wiswp at niue.nu> writes:

> On Monday 24 January 2005 17:24, Derek Atkins wrote:
>> Bug #121420
>>
>> You cannot assign a payment to a specific invoice, which is what I bet
>> you're trying to do..  Payments will always be applied in a FIFO,
>> oldest invoice first.
>>
>
> Hi Derek
>
> Is this really a bug?

Depends on who you ask.  It's in bugzilla as an Enhancement request,
but it's still "bug #xxx" ;)

> IMO in real (business) life you should never accept payments for invoices 
> while there are still invoices pending from an earlier date.
> When customers do that they are trying to confuse you and count that you get 
> confused as well and forget about the invoice.

Even if you can assign a payment to a specific invoice gnucash still
wont get confused -- at least until 360 days out at which point the
invoice will fall off the aging report.  :)

The customer report, however, will always show exactly what they owe.

-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