Class accounting?

[Derek Atkins]

Arthur Dyck <arthur at avefoodcoop.ca> writes:

> There's one other way that you can do that.  Create subaccounts under
> your bank account, one for each project.  Transfer the amount of money
> that you think you'll need for each project into their subaccount.  Then
> when you make expenditures on that particular project, you credit the
> appropriate subaccount.  An account activity report will then give you a
> project report.

That works for "Bucket Budgeting", but not cost accounting.  It lets
you know how much you expect to spend on a project, but doesn't make
it any easier to keep a running total of how much you HAVE spent on a
particular project.

-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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