Double Entry Accounting System
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Dalek Dave wrote:
You also have to allow for an Asset register and it's assigned Depreciation Accounts (One being P&L, the other being BalSheet).
Seriously though, you accountants just made all this shit up so it would seem like it was more complicated than adding columns in excel, just so we would hire more accountants, right?
He said, "Boy I'm just old and lonely, But thank you for your concern, Here's wishing you a Happy New Year." I wished him one back in return.
No, you voted for Politicians to make the tax laws so complicated that accountants need to do all this :)
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
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No, you voted for Politicians to make the tax laws so complicated that accountants need to do all this :)
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Dalek Dave wrote:
No, you voted for Politicians to make the tax laws so complicated that accountants need to do all this
Not me. I voted for politicians so that they can claim multiple allowances for doing very little, and then tell me that I'm a hypocritical middle class child molesting Daily Mail reader.
I have CDO, it's OCD with the letters in the right order; just as they ruddy well should be
Forgive your enemies - it messes with their heads
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Two sets of books is what lands you up in prison! :) Double entry is so called because for every entry on the left side there is a corresponding entry on the right. Example: Credit Petrol Costs £30 Debit Bank Account £30 or... Credit Purchase Ledger Account "Joe Bloggs Contruction" £117.50 Debit Purchase Ledger Control Balance £117.50 Credit Debit Purchase Ledger Control Account £117.50 Debit Sundry Items £100.00 Debit Vat Control £17.50 Credit Job Ledger Account "Job21" £100 Debit Job Ledger Control £100 This second item could be one entry on a system but which produces seven postings.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
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With all that is involved, doesn't it beg the question why they aren't considering buying some existing software (I'm of course assuming that you can get such software) as opposed to paying someone to re-invent the wheel?
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
There are many options available, from very simple to highly industry specialised. They range from a few hundred Pounds to, well, £Millions.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
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Two sets of books is what lands you up in prison! :) Double entry is so called because for every entry on the left side there is a corresponding entry on the right. Example: Credit Petrol Costs £30 Debit Bank Account £30 or... Credit Purchase Ledger Account "Joe Bloggs Contruction" £117.50 Debit Purchase Ledger Control Balance £117.50 Credit Debit Purchase Ledger Control Account £117.50 Debit Sundry Items £100.00 Debit Vat Control £17.50 Credit Job Ledger Account "Job21" £100 Debit Job Ledger Control £100 This second item could be one entry on a system but which produces seven postings.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
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Dalek Dave wrote:
No, you voted for Politicians to make the tax laws so complicated that accountants need to do all this
Not me. I voted for politicians so that they can claim multiple allowances for doing very little, and then tell me that I'm a hypocritical middle class child molesting Daily Mail reader.
I have CDO, it's OCD with the letters in the right order; just as they ruddy well should be
Forgive your enemies - it messes with their heads
That does beg the question: are you a hypocritical middle class child molesting Daily Mail reader? If so, please stop immediately!
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
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There are many options available, from very simple to highly industry specialised. They range from a few hundred Pounds to, well, £Millions.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Right, so why would they pay to write yet another one? It just seems like a lot of expense for very little gain, unless they have some really weird set of requirements.
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
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That does beg the question: are you a hypocritical middle class child molesting Daily Mail reader? If so, please stop immediately!
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
Yeah, if it's true then it's disgusting, and I would have nothing more to do with him! He should read something better!
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
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Yeah, if it's true then it's disgusting, and I would have nothing more to do with him! He should read something better!
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Poor Pete - first he finds out that Carlo is two timing him, then we find out he has issues with porcupines and his trousers, presumably some weird animal fetish, now he comes out as a Daily Mail reader! What's next?
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
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Right, so why would they pay to write yet another one? It just seems like a lot of expense for very little gain, unless they have some really weird set of requirements.
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
Two things spring to mind. Firstly it could be a security issue. They do not want an off the peg solution because they do not want the original developers to have any kind of access. (Paranoid, but possible) Secondly it could be that they want it tailor made to connect to an existing system for reporting or data input reasons that a ready-made package may not be able to handle.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
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I have to design double entry accounting systems as part of the package, Where Do I start?
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
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Poor Pete - first he finds out that Carlo is two timing him, then we find out he has issues with porcupines and his trousers, presumably some weird animal fetish, now he comes out as a Daily Mail reader! What's next?
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
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Good God - say it ain't so!!!
¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow
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I have to design double entry accounting systems as part of the package, Where Do I start?
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
Do *not* do this. There are api's for every major accounting package out there, it's highly specialized and requires constant updates as tax rules change, payroll taxes change etc etc. Integrate your app with QuickBooks (for example) using their API and save yourself a world of hassle and a lifetime of pain.
“If you want to build a ship, don't drum up people together to collect wood and don't assign them tasks and work, but rather teach them to long for the endless immensity of the sea” - Antoine de Saint-Exupery
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Now that's just sick. I wouldn't associate with such disgusting filth. Liberal democrat X|
I have CDO, it's OCD with the letters in the right order; just as they ruddy well should be
Forgive your enemies - it messes with their heads
-
Two sets of books is what lands you up in prison! :) Double entry is so called because for every entry on the left side there is a corresponding entry on the right. Example: Credit Petrol Costs £30 Debit Bank Account £30 or... Credit Purchase Ledger Account "Joe Bloggs Contruction" £117.50 Debit Purchase Ledger Control Balance £117.50 Credit Debit Purchase Ledger Control Account £117.50 Debit Sundry Items £100.00 Debit Vat Control £17.50 Credit Job Ledger Account "Job21" £100 Debit Job Ledger Control £100 This second item could be one entry on a system but which produces seven postings.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Good lord, you people not only drive lefthanded, but do your books backward, too!
Dalek Dave wrote:
Credit Petrol Costs £30 Debit Bank Account £30
When I buy gas, I debit the fuel expense, and credit the bank account.
Will Rogers never met me.
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I have to design double entry accounting systems as part of the package, Where Do I start?
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
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Two things spring to mind. Firstly it could be a security issue. They do not want an off the peg solution because they do not want the original developers to have any kind of access. (Paranoid, but possible) Secondly it could be that they want it tailor made to connect to an existing system for reporting or data input reasons that a ready-made package may not be able to handle.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Dalek Dave wrote:
Secondly it could be that they want it tailor made to connect to an existing system for reporting or data input reasons that a ready-made package may not be able to handle.
That's very likely. I've been involved in migration activities from one package to another, where yet a third system provides the input and consumes the results. Integration issues can become so enormous that writing a custom solution is tempting. I thought XML was supposed to solve all the financial interchange problems in the world, but I don't see a whole lot of progress yet.
Will Rogers never met me.
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I have to design double entry accounting systems as part of the package, Where Do I start?
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
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I have to design double entry accounting systems as part of the package, Where Do I start?
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
Listen to what John C told you, if you have a choice never ever start this, you will need to support this application forever. Make an export to existing account system. I have quite a lot of experience with creating enterprise software and I know that even the big software companies avoid doing this. And what is your background in the accounting? Because if you don’t have any, even if you/your company hire a professional accountant to consult you the project probably will be a disaster anyway. Edit: Oh, I forgot; a new-baked homemade accounting system is very likely to put your client into legal problems.
The narrow specialist in the broad sense of the word is a complete idiot in the narrow sense of the word. Advertise here – minimum three posts per day are guaranteed.