[GNC] Dimensions in Accounts

[Michael or Penny Novack]

On 4/28/2019 11:59 PM, Sachin Danave wrote:
>   Traditional
> accounting packages deal with this by allowing to define a dimension to
> different accounts, whereby you can classify the accounts. This
> classification field then can be used in reporting.
  No, TRADITIONAL accounting is one dimensional (there is only one CoA 
hierarchy) and you have to "do things" to get reports on another basis. 
What you perhaps meant is that some accounting packages have 
incorporated various "extensions" to standard accounting to make 
reporting on another basis easier.

BTW -- in my working days, I made extensive use of adding called "tags" 
<< adding an invisible field to records in a database so that they could 
be used/sorted/selected in various different ways >> Solving the problem 
of at some later date deciding that the data was needed differently than 
imagined when the system was designed. If designing a system from 
scratch I might incorporate such a field "just in case" because 
experience taught me that the system users would almost always want/need 
"something else" later.

Michael D Novack