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Drawing Account Re: Yearend Transactions

Hi Chris,

I'm puzzled by the "drawing account" in this discussion.

My English -> Dutch dictionary states: drawing account = checking account.
Well that can't be true in this context.

So, what is a drawing account?
Is it a typical American accounting term?


Marjan Waldorp,

Chris Travers wrote:
In LedgerSMB 1.2.x the yearend routine is not substantially changed
from that of SQL-Ledger.

Neither one handles drawing accounts.  The version in 1.3 doesn't
handle drawing accounts either (this will probably done in 2.0).

Best Wishes,
Chris Travers

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