How difficult is it (really) to reorganize a Chart-of-Accounts after the fact?

Patrick Doyle wpdster at gmail.com
Sat Jan 3 08:08:02 EST 2015


On Fri, Jan 2, 2015 at 10:14 PM, Wm <wm+gnc at tarrcity.demon.co.uk> wrote:
> Fri, 2 Jan 2015 21:12:47
> <CAF_dkJCgyvg3s1RKb=KKVE02LOOjtw2vedtSZPRHEq4tiXh-sA at mail.gmail.com> Patrick
> Doyle <wpdster at gmail.com>

> I think what is going on is that you don't have trust in gnc and until you
> do you're going to be looking at the small picture of dr and cr which we
> know gnc does right.  So to more familiar users your delving into this is a
> function of another system having been crappy rather than gnc being bad.
I hope I didn't give the impression that I thought gnc was bad.

I was trying to give the impression that I was a clueless financial neophyte.
I'd like to think I succeeded wildly in my goal :-)

More seriously, I don't have any background, nor training in
accounting.  But I do understand algebra.  When I saw:

Assets - Liabilities = Equity + Income - Expenses

I did the algebra thing, changed some labels, combined some terms, and
came up with:

Bank Account(s) - Credit Card Account(s) = Bucket Accounts

Then I went back and tried to figure out how to apply my world view to
that of gnc.

At this point, I think it's time for me to get some amount of
accounting education and to use more common financial practices,
instead of inventing my own practices, with my own terminology and
having a community-of-one (myself) with whom I can discuss any issues
I have.

--wpd


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