Re: Accounting/bookkeeping

its been a while since I took an accounting class. that brings back memories. I 
had to set up a template to handle that then but its been a while since I 
looked at it. I would almost have  to take the class again. 
  ----- Original Message ----- 
  From: 1SmartDog@xxxxxxx 
  To: jfw@xxxxxxxxxxxxx 
  Sent: Tuesday, February 02, 2010 9:23 AM
  Subject: Re: Accounting/bookkeeping


  No, the double-entry form of accounting is an accounting style. Unlike a 
simple check register, which is a single entry form of accounting, a 
double-entry method provides for a debit entry on one side (income or 
liability) and an equal credit amount on the opposite. It is a book-balancing 
system. For example, enter a payment of $500 in accounts receivable for 
customer Joe Blow (credit) since he paid his bill and a $500 entry (debit) in 
the cash account. Take away from accounts receivable and add to cash on hand. 
And, yes, the "debit/credit terminology is always confusing for those not 
familiar.

  Karen

    ----- Original Message ----- 
    From: robert Doc Wright 
    To: jfw@xxxxxxxxxxxxx 
    Sent: Tuesday, February 02, 2010 8:50 AM
    Subject: Re: Accounting/bookkeeping


    when you say double entry are you speaking of having a row whereby you 
might send a single payment for two separate issues? 
    another suggestion is A P H's Moneytalks software. It will allow to split 
an entry.
      ----- Original Message ----- 
      From: 1SmartDog@xxxxxxx 
      To: jfw@xxxxxxxxxxxxx 
      Sent: Monday, February 01, 2010 11:39 PM
      Subject: Re: Accounting/bookkeeping


      That works fine for check registers and so forth -- for any single entry 
system but I do need double entry.

      Thanks,
      Karen

        ----- Original Message ----- 
        From: glenjan42@xxxxxxxxxxx 
        To: jfw@xxxxxxxxxxxxx 
        Sent: Monday, February 01, 2010 11:56 PM
        Subject: Re: Accounting/bookkeeping


        A lot of us use Microsoft Excel.
        Glen

        At 04:48 pm 2-02-2010, you wrote:

          Does anyone have a recommendation for a JFW friendly bookkeeping 
program. In depth accounting program with job cost tracking and that sort of 
thing is not necessary. A fairly straightforward income/liability debit/credit 
program would be sufficient.
           
          Thanks,
          Karen
           

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