Accounting best practice question

[Adam Funk]

On 2007-02-02, Ariel wrote:

> The correct way to do this is probably to create A/R and A/P accounts. But 
> then you have to create customers or vendors for each situation.

As I said in my other post on this thread, I looked (briefly) into
that and decided it was too much trouble.  I just created an
Assets:Receivable placeholder account with subaccounts Alice, Bob,
Expense Claims, etc.