3 ms·
Ahh thanks so much, that clears it up for me! Every description of double entry I'd seen so far seemed to have the notion of keeping a running balance for each
by dataflow 2y ago
Ahh thanks so much, that clears it up for me! Every description of double entry I'd seen so far seemed to have the notion of keeping a running balance for each account (and then having a separate transaction for each one where they all sum to zero) as a central feature, so I thought avoiding that would make it no longer double-entry, and it always puzzled me why that was so crucial. Your comment made me see that wasn't actually the point!