So what you are saying is not "don't use double entry" But "hide double
entry from the user"
In my experience with KMyMoney it is mostly hidden.
Ultimately if any accounting system is going to be used by an accountant for
preparing your taxes. or even if you do them yourself. The tax office
requires double entry. At least In Aus that's how I understand it.
> I confess I have not tried your demo
Then why are you commenting?
Perhaps its better to try KMyMoney and suggest improvements. Sweeping
statements don't help anybody. and you might be surprised at how good
KMyMoney actually is. But rememeber its a personal account keeping system so
it is not designed to compete against quicken business accounting systems.
Having said that Its my goal to bridge some of that gap :)
DC
On 2/03/2014 9:20 AM, Roy O'Kelly wrote:
I'm very familiar with double entry and understand the purpose. I confess
I have not tried your demo, but the majority of complaints I see from
users seem to center on the double entry menus. I would use the same entry
menus that Quicken, MS Money and others use. It would be one or two lines
within an account that accepts the category of the expense or an account
name if the transaction is a transfer to/from another account e.g. a
transfer from checking to cash. It would also have the Payee, amount, and
room for a note. It would look a lot like a check.
Since all accounts are reconciled against account statements any entry
errors in the amount are quickly caught. Admittedly, categorization errors
can occur, but those few errors are of questionable concern and do not
justify complicating (what should be) a simple data entry process. I
could never (for example) get my wife to enter the same transaction in two
accounts. God forbid I would need to explain debits and credits. Some
accounting classes no longer use those terms.
If you want to compete with the Quicken's of the world (and I'd like to
see you do that) you cannot have an entry scheme that only an accountant
can love.
Regards,
Roy
*From:*Chris [mailto:developerch...@rebel.com.au]
*Sent:* Saturday, March 01, 2014 4:39 PM
*To:* Roy O'Kelly; kmymoney-devel@kde.org
*Subject:* Re: [Kmymoney-devel] Feature request
Double entry is a system designed to catch errors. People still make
mistakes when entering data (and programming). It is still relevant in
today's world.
I am curious. what system would you replace it with?
DC
On 2/03/2014 7:57 AM, Roy O'Kelly wrote:
You could actually have a successful product on your hands, but you
need to let go of double entry book keeping. The age of computers is
here and it just doesn't make sense for a consumer any more (if it
ever did).
Quicken continues to abuse their customers, there isn't a decent
competitor in the field. Do it!
Roy
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