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So what you are saying is not "don't use double entry" But "hide
double entry from the user"<br>
<br>
In my experience with KMyMoney it is mostly hidden.<br>
<br>
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.<br>
<br>
<span style="color:#1F497D"> > I confess I have not tried your
demo</span><br>
<br>
Then why are you commenting?<br>
<br>
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.<br>
<br>
Having said that Its my goal to bridge some of that gap :)<br>
<br>
DC<br>
<br>
<div class="moz-cite-prefix">On 2/03/2014 9:20 AM, Roy O'Kelly
wrote:<br>
</div>
<blockquote
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<p class="MsoNormal"><span style="color:#1F497D">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.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">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.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">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.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Regards,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Roy<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<div>
<div style="border:none;border-top:solid #B5C4DF
1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Tahoma","sans-serif";color:windowtext">From:</span></b><span
style="font-size:10.0pt;font-family:"Tahoma","sans-serif";color:windowtext">
Chris [<a class="moz-txt-link-freetext" href="mailto:DeveloperChris@rebel.com.au">mailto:DeveloperChris@rebel.com.au</a>]
<br>
<b>Sent:</b> Saturday, March 01, 2014 4:39 PM<br>
<b>To:</b> Roy O'Kelly; <a class="moz-txt-link-abbreviated" href="mailto:kmymoney-devel@kde.org">kmymoney-devel@kde.org</a><br>
<b>Subject:</b> Re: [Kmymoney-devel] Feature request<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><br>
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.<br>
<br>
I am curious. what system would you replace it with?<br>
<br>
DC<br>
<br>
<br>
<o:p></o:p></p>
<div>
<p class="MsoNormal">On 2/03/2014 7:57 AM, Roy O'Kelly wrote:<o:p></o:p></p>
</div>
<blockquote style="margin-top:5.0pt;margin-bottom:5.0pt">
<p class="MsoNormal">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).
<o:p></o:p></p>
<p class="MsoNormal">Quicken continues to abuse their
customers, there isn’t a decent competitor in the field. Do
it!<o:p></o:p></p>
<p class="MsoNormal">Roy<o:p></o:p></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman","serif""><br>
<br>
<br>
<o:p></o:p></span></p>
<pre>_______________________________________________<o:p></o:p></pre>
<pre>KMyMoney-devel mailing list<o:p></o:p></pre>
<pre><a moz-do-not-send="true" href="mailto:KMyMoney-devel@kde.org">KMyMoney-devel@kde.org</a><o:p></o:p></pre>
<pre><a moz-do-not-send="true" href="https://mail.kde.org/mailman/listinfo/kmymoney-devel">https://mail.kde.org/mailman/listinfo/kmymoney-devel</a><o:p></o:p></pre>
</blockquote>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman","serif""><o:p> </o:p></span></p>
</div>
</blockquote>
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