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<div class="moz-cite-prefix">On 2/03/2014 10:08 AM, Roy O'Kelly
wrote:<br>
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<p class="MsoNormal"><span style="color:#1F497D">I will try the
tool, but keep in mind that I did not try it because I read
the evaluations and your website. Both prominently refer to
double entry book keeping and that put me off. It would put
off most consumers here. The US does not require me (a
consumer) to use a double entry book keeping system for my
personal records. I’m held responsible for the accuracy of
my tax payments and how I do them is my decision. <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">I’m not looking
for a Quick Books replacement. I’m looking for a Quicken
replacement. If AUS requires double entry then Quicken may
not be a factor in your market. Here it is far and away the
dominant personal finance manager and they have taken full
advantage of that position. You are forced to buy an new
copy every 3 years or your electronic download capabilities
stop working. That would be bad enough, but they break more
than they fix every 3 years and the quality of the product
has steadily deteriorated.</span></p>
</div>
</blockquote>
<br>
It is for this exact reason I moved to KMyMoney. Unfortunately as
you have noted you cannot totally escape double entry jargon. as
confusing as it is. but you certainly don't need to enter the same
information twice. KmyMoney handles that and will automatically
split transactions if you require it.<br>
<br>
Personally I don't enter information at all (ok I do sometimes). I
just import my bank statements and credit card statements. Kmymoney
handles the rest :)<br>
<br>
Unfortunately KMyMoney can't import my bank statements directly as
they are in an odd format and so most of my time is spent massaging
them into a standard format<br>
<br>
Apart from that It's easy. So I suggest you try. and I for one would
welcome suggestions to improve it.<br>
<br>
DC<br>
<blockquote
cite="mid:C6D9145948E1944AB2285031350E07C475DF4C72@ORD2MBX01D.mex05.mlsrvr.com"
type="cite">
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<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>
<p class="MsoNormal"><span style="color:#1F497D">Thanx<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>
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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 5:26 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">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<o:p></o:p></p>
<div>
<p class="MsoNormal">On 2/03/2014 9:20 AM, Roy O'Kelly wrote:<o:p></o:p></p>
</div>
<blockquote style="margin-top:5.0pt;margin-bottom:5.0pt">
<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.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span><o:p></o:p></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.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span><o:p></o:p></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.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">Regards,</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">Roy</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span><o:p></o:p></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 moz-do-not-send="true"
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 moz-do-not-send="true"
href="mailto:kmymoney-devel@kde.org">kmymoney-devel@kde.org</a><br>
<b>Subject:</b> Re: [Kmymoney-devel] Feature request</span><o:p></o:p></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>
<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","serif""><br>
<br>
<br>
<br>
</span><o:p></o:p></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>
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<p class="MsoNormal"><span
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