Account Code

[Derek Atkins]

Mike or Penny Novack <stepbystepfarm at mtdata.com> writes:

>>>The account codes are quite optional, you just put the name of the
>>>account in the transfer column.
>>>I'm sure someone will fill us in on how to use Account Codes properly.
>>>    
>>>
> 1) Unlikely you'd need these for personal books.
>
> 2) Some jurisdictions not only require them but specify how to be used
> (France, I believe does this)
>
> 3) But to give a more practical example. Suppose you are the treasurer
> presenting your report to your organization. Isn't it going to be
> useful to be able to say "look at 4013" than "look at Speaker Fees"
> (an income account). That assumes you have assigned numbers in some
> logical fashion, perhaps all income items have a first digit of "4",
> the first income parent group a second digit of "0", etc. You know
> roughly where a particular account would appear in the report, they
> don't.

I would expect it in Alphabetical Order, so "Speaker Fees" would appear
after "Salmon Cakes" and before "Stupid Tax".   :)

> Michael

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-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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