Happily I am not married to my accountant!
Geoff Jankowski +33 6 22 93 00 53 +44 7770 584838 iPhone 5SE > On 5 Sep 2018, at 21:37, Stephen M. Butler <kg...@arrl.net> wrote: > >> On 09/05/2018 12:05 PM, Christian Kluge wrote: >>> Am 05.09.2018 um 20:42 schrieb Geoff Jankowski via gnucash-user: >>> David >>> >>> I would love to agree with you but….. >>> >>> In standard journal notation cr is a debt and dr an asset. This is because >>> it is nothing to do with credit (+ve) and debit (-ve) in any sense (or >>> tense) but to do with a creditor (to whom we owe) and a debtor (who owes >>> us). Hence dr and cr relate to debtor and creditor and not to any form of >>> debit or credit. >>> >>> For example, if I take cash from the cash box and deposit it at the bank I >>> enter a cr to the cashbook and a dr to the bank account. >> Actually you should a transit account for the period in between taking >> and out of the cash box and that journal entry and the day the bank >> actually books this deposit on your banking statement. >> >>> Totally counterintuitive which is why accountancy is a black art and should >>> be banned. >>> > > Which is why I, as a software/database guy, just cringe when my wife, > the accountant, yells out, "You reversed the journal entries again!" > > I tried to reason it out know I got it wrong last time by trying to > reason it out from the time before when I also got it wrong. I'm no > longer sure that three rights make a left. I'm pretty sure that two > rights make a U turn of which I am doing a lot lately. >> Every form of accounting assumes that the debit side will give its value >> back one day as the original Italian formulations «deve dare» “shall >> give“ and «deve avere» “shall have”, everyone knows that’s never going >> to happen but still, nothing counterintuitive there. >> >> Kind regards >> >> >> Christian Kluge >> >> _______________________________________________ >> 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. > > > -- > Stephen M Butler, PMP, PSM > stephen.m.butle...@gmail.com > kg...@arrl.net > 253-350-0166 > ------------------------------------------- > GnuPG Fingerprint: 8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8 > > _______________________________________________ > 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. _______________________________________________ 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.
