Matthew makes some good points. I'm new to both accounting in
general and LedgerSMB in particular; and I would find it very
helpful to have both a general explanation and specific examples of
transactions.
Thanks.
Brian
Brian Wolf
Activus Technologies
Phone: 410.367.2958
Try out Activus
Secure Payments™,
our recurring payments application.
On 06/07/2012 10:31 AM, Matthew Bourque wrote:
On Sun, Jun 3, 2012 at 10:09 AM, Raja
Iskandar Shah <..hidden..>
wrote:
matthew, would things like these be helpful for you to
understand the chart of accounts ?
Yes, a "basic accounting" chapter would be quite helpful, and your
outline seems like a good one. I also think that a section with
examples, as you suggest, would be very helpful.
I have one idea about this section: I think, since this book is
intended to be for LSMB users in particular, it would be helpful
to integrate a "quickstart" guide throughout these examples. I
would like to see a set of examples of common business
transactions, with three parts to each example: what happens in
reality (e.g. Example, Inc. buys some parts from a supplier); what
happens in "accounting logic" (credit bank account, debit
inventory account); and finally a walkthrough of how a typical
LSMB workflow for this transaction would go.
It might be that a brand-new user with a brand-new LSMB
installation wouldn't be able to reproduce all of these examples
without some initial work (setting up bank accounts and vendors,
etc.), but I still think that it would help illuminate the
accounting principles to have concrete examples, and it would
start the reader getting familiar with LSMB. Once a newbie has
gone on & set up a company database & started working, the
examples could serve as a useful template for common transactions
they'll have to deal with.
yrs
matt
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