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1) Yes! 2) Both, I guess. For users not familiar with GAAP, you could ask them to choose the type of transaction - Receipt, Payment, Bank Transfer etc., and re
by jasim 16y ago
1) Yes!
2) Both, I guess. For users not familiar with GAAP, you could ask them to choose the type of transaction - Receipt, Payment, Bank Transfer etc., and receive the entry in a single-entry form.
Power users would prefer double entry. IMHO, the data should always be internally represented as double entry so that you can extract proper accounting reports.
I'd built a DOS based software 4 years back that followed my idea of what a simple accounting software should look like. I'd thought on building the web version of it many times, but stopped short of taking the plunge.
If you're interested I'll share the code - you can run it on DOSBox. My mail id jasim dot ab at gmail com