Is the description of "Common Accounts" in Account wizard accurate or confusing?

[Dr. David Kirkby (Kirkby Microwave Ltd)]

On 1 December 2016 at 15:24, Tommy Trussell <tommy.trussell at gmail.com> wrote:
> On Wed, Nov 30, 2016 at 12:18 PM, Dr. David Kirkby - Kirkby Microwave Ltd
> <drkirkby at kirkbymicrowave.co.uk> wrote:
>>
>> I was trying to set up some accounts using the wizard, or to give it the
>> name in the software "New Account Hierarchy Setup", and see "Common
>> Accounts", where it says
>>
>> "Most users will want to select this set of accounts. It includes most
>> commonly used accounts (checking, savings, cash, debit card, income, common
>> expenses).
>>
>> The fact it is already ticked, and ones told most users will want them,
>> sort of suggests they should be left. Yet, from reading the book "Gnucash
>> 2.4 Small Business Accounting", it says you don't need these for a business.
>> IMHO, it should be better if the description stated this.

>
> While it's fresh on your mind, maybe you can help by suggesting a more
> exclusive (yet welcoming and informative) wording for the selection on that
> wizard so one of us might create a bug report? Something like:
>
> "Most users managing their own personal finances will want to select this
> set of accounts. It includes commonly used accounts (cash, debit card,
> income, and common expenses)."

Hi,
I'll do that. There's also another problem I found, on a similar thing.

If you are a business, one is tempted to tick "business". If one is in
the UK and VAT registered, I think its pretty tempting to put "UK VAT
accounts"  too. These seem to me at least to be reasonable
assumptions. If one does that, there are then two bank accounts

* Checking account - American term I believe
* Current account - UK term.

I don't think there's any need to have both, but one gets both. It is
also a bit odd, in that they appear in different places.

* Assets -> Current Assets -> Checking account
* Bank accounts -> Current account.

Personally I don't know what's the most logical, as I have a
science/engineering background, and not accountancy. But it seems odd
that one is under "Bank accounts" and the other under "Assets".

If I can get it clear in my own mind what seems most logical, I'll
open a bug report and suggest it is changed.

Dr. David Kirkby Ph.D CEng MIET
Kirkby Microwave Ltd
Registered office: Stokes Hall Lodge, Burnham Rd, Althorne, Essex, CM3 6DT, UK.
Registered in England and Wales, company number 08914892.
http://www.kirkbymicrowave.co.uk/
Tel: 07910 441670 / +44 7910 441670 (0900 to 2100 GMT only please)