John, Just to clarify. While I have accounting qualifications, I am not a practising accountant and my judgement is primarily an opinion based on my formal studies and my accounting experience in a small business in my particular country. We all need to keep in mind that accounting, while adhering to broad general principles, is also subject to local legislation and different tax laws which varies considerably and even cultural practices. Some processes may not always be treated the same way and there may not always be one unique way to approach representing particular transactions. Fortunately the move towards consistent international standards has gathered considerable momentum making the task easier in the longer term.
I'm happy i did describe the Placeholder operation correctly. My early training as a physicist in working out what is in black boxes still comes in handy. David Cousens ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
