Profit-centre accounting?

Jan Steinman Jan at ecoreality.org
Thu Feb 5 15:47:38 EST 2015


On 2015-02-05, at 12:17, Edward Doolittle wrote:

> I think it might be more symmetric (though more dissonant, to some) to put the profit center's income and expenses under an equity account...

Exactly! That was the first thing I tried.

> ... but I just tried it and it doesn't work.
> 
> -- 
> Edward Doolittle
> Associate Professor of Mathematics
> First Nations University of Canada 
> 1 First Nations Way, Regina SK S4S 7K2
> 
> « Toutes les fois que je donne une place vacante, je fais cent mécontents et un ingrat. » 
> -- Louis XIV, dans Voltaire, Le Siècle de Louis XIV, Chap. XXVI

:::: I believe that the great Creator has put ores and oil on this Earth to give us a breathing spell... as we exhaust them, we must be prepared to fall back on our farms, which are God's true storehouse. We can learn to synthesize materials for every human need from things that grow. -- George Washington Carver
:::: Jan Steinman, EcoReality Co-op ::::




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