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The trick is to get reality mapped to your ledger. Someone has to make a decision into what account a given transaction has to be recorded to. Which depends as
by pintxo 2y ago
The trick is to get reality mapped to your ledger.
Someone has to make a decision into what account a given transaction has to be recorded to. Which depends as much on tax law as it depends on expected business practices.
- osigurdson 2y agoAre the rules not known however? I suppose the accounting system could always provide some background and ask someone to make the decision. If that decision can be represented a set of unambiguous rules the accounting system could make its own decision.
- pintxo 2y agoThe keyword is unambiguous here. Most rules have quite some leeway for the accountant/management to choose from.