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Accountants != Economists Many ERP systems do use the convention that debits are positive numbers and credits negative and so only have a single column for amo
by jsmith99 6y ago
Accountants != Economists
Many ERP systems do use the convention that debits are positive numbers and credits negative and so only have a single column for amount. This is possibly more confusing for non accountants as they have to understand that a negative income balance means they made money.
- kqr 6y agoSorry, not a native speaker and got that one wrong.