Re: pretty cool app

[Dieter S. <dsi...@sq...>]

David!

Before making any false statements read the documentation, see the FAQ for
a solution about audit control.


Dieter Simader    http://www.sql-ledger.org   (780) 472-8161
DWS Systems Inc.     Accounting Software       Fax: 478-5281
=========== On a clear disk you can seek forever ===========

On Tue, 1 Jan 2002, David A. Bandel wrote:

> On Tue, 1 Jan 2002 04:31:16 -0800 (PST)
> Caffeinate The World <moc...@ya...> spewed into the bitstream:
> 
> Apart from adding "me too" (Tm AOLusers), I'd like to add that the only
> "problem" I see with using SQL-Ledger, at least for US businesses, is that
> you can delete transactions.  I don't know about Canada, but at least in
> the US, GAAP (Generally Accepted Accounting Practice) is (or at least was)
> that you don't delete transactions, you create reversing entries.  I will
> admit, it's been a long time since I looked at GAAP, so apart from that I
> have no idea how far from accepted practice SQL-Ledger strays. 
> Fortunately, my accountant is just happy I'm using something other than a
> shoe box with receipts thrown in it.
> 
> Ciao,
> 
> David A. Bandel
>