And to carry that on, I’ve worked with some POS (Point of Sale) systems in restaurants that referenced each portion of a split check as a ’split’ (noun) and not just as a verb. (the act of dividing it)
So there is some industry usage of each resulting portion being ‘a split’. (and probably why it never confused me as I was already familiar with that usage) Of course, that too may have been an incorrect usage, and perhaps there is something more descriptive in formal accounting. Regards, Adrien > On Mar 18, 2019, at 1:23 PM, Robert Heller <hel...@deepsoft.com> wrote: > > At Mon, 18 Mar 2019 18:54:30 +0100 Geert Janssens > <geert.gnuc...@kobaltwit.be> wrote: > >> >> Hi Hendry, >> >> The term split has been in use in GnuCash long before I joined the project. >> As >> I'm not an accountant, I don't know which would be the proper formal >> accounting term to use in this context. And additionally it may be very hard >> to change the use of this term throughout the project (though if there >> really >> is a more correct term it may be worth gradually promoting it). >> >> Regards, >> >> Geert >> >> Op maandag 18 maart 2019 18:19:00 CET schreef Michael Hendry: >>>> On 18 Mar 2019, at 16:36, Patrick <plafr...@gmail.com> wrote: >>>> >>>> That makes sense. Thank you for the very helpful response and the example. >>>> >>>> Regards, >>>> Patrick >>> >>> Am I alone in finding the use of the word “split” in this context to be >>> confusing? >>> >>> In ordinary everyday English, splitting an object involves its being >>> separated into two or more fragments. >>> >>> When I split a log in two with an axe, the result is ONE split (the plane in >>> which the log separates) and TWO smaller logs. If I keep on going, the >>> outcome of N splits is (N - 1) smaller logs. > > When you split a log, you end up two (or more) log sections (generally like > pie slices). One can say "one split that log". In the case of GnuCash, one > split the overall transation across two (or more) accounts. It is also common > English usage to "split the tab" when a group of friends goes out for dinner, > etc. This comes very close to what is happening in GnuCash. > >>> >>> In the context of double-entry bookkeeping, each transaction involves two >>> entries - one (for example) recording the issue of a cheque from a bank >>> account, and the other logging the same transaction through the appropriate >>> expense account. >>> >>> When several expense accounts are involved in the same payment (e.g. if you >>> buy petrol, milk and a bunch of flowers at a service station) there are >>> actually three double entries. It’s convenient to record the cheque issued >>> to cover all three expenses as one entry, and to allocate an entry for each >>> of the separate expenses to put together as one (quadruple)-entry >>> transaction. >>> >>> So what you get when you split a Gnucash transaction is two or more >>> _entries_ relating to the same financial transaction. >>> >>> No? >>> >>> Michael _______________________________________________ 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.
