question on how to handle A/R's and excess cash/income

Derek Atkins warlord at MIT.EDU
Mon Dec 29 10:24:25 EST 2008


Girard Aquino <girardaquino at hotmail.com> writes:

>> Isn't that just what happened?
>>   
> Kinda. But I would like to think that imbalance would only mean anything 
> when it's negative. lol.

Nope, Imbalance means you failed to assign a split correctly to an
account.  That split could be a debit or a credit.  This is one
of many reasons you should never use the Imbalance account for
anything.

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-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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