On Sun, 2003-08-24 at 11:49, Alex Malinovich wrote: ... > You do, of course, realize that Quicken uses a double-entry system as > well right? It's just not quite as obvious. You know how you assign all > of those categories to expenses in Quicken? THAT's double-entry! Every > debit in one account is a credit in another. So when you debit $20 from > your checking account, you also credit $20 to your Expenses:Auto:Gas > account. Simple. :)
Ah ha! That's what double-entry is, it makes *so* much sense now. Good thing Quicken does it transparently, or people would never balance their books. Thank for the explanation. Signed, Grateful. -- To UNSUBSCRIBE, email to [EMAIL PROTECTED] with a subject of "unsubscribe". Trouble? Contact [EMAIL PROTECTED]
