Budgets - Hiding Accounts Not of Interest

Liz edodd at billiau.net
Fri Jan 1 22:28:00 EST 2016


On Fri, 1 Jan 2016 17:41:11 -0800 (PST)
DaveC49 <davidcousens at bigpond.com> wrote:

> Hi Matt,
> From an accounting perspective a budget would normally be something
> against which you measure current performance against your
> performance expectations. I would have thought that the budget
> accounts should match reasonably closely the account tree. It may not
> be as detailed as the full account tree and information may be only
> entered at a header level rather than at each branch level.
> 
> Providing a totally separate budget account tree is likely to hamper
> the ability to use a budget as a measurement tool as you would then
> have to provide a mapping of one tree structure into the other.  The
> process of hiding accounts is as I understand it, a display control
> ( one of the developers may be better able to clarify this). If an
> account exists it can be used to accumulate data whether hidden or
> not and its data should be reflected and measured against a budget
> value somewhere.


Could you be more precise and state

"From a *business* accounting perspective"

because for a home or personal budget the rest need not be of concern.

Liz


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