While true, it's often two distinct processes. I work with implementing ERP systems, focusing on accounting and financials. Most systems I see use the ERP system to generate the invoice data and for tracking the invoice…
I don't think the file format above is especially conductive to learning. In my experience, most people learn double-entry bookkeeping with T accounts; debit is on the left, credit is on the right, and total credit has…
> You call it "BS" for some reason (you seem not to believe in it) The balance sheet is typically abbreviated as BS, so a BS account is a balance sheet account. It's been a while since I've had anything to do with…
Modern accounting systems like most ERPs allow you to specify the account and offset account in one line. It pretty much like you describe and is the preferred method for simple entries with only two accounts. It gets a…
You often end up with three accounts. Asset (balance sheet), accumulated depreciation (balance sheet), and the depreciation expense account (P&L). In which case the depreciation is cr. acc. depreciation and dr.…
From how I understand it, the idea behind Power Automate isn't to move programmers over to it. It's to allow other people in the business to automate their workflows without bringing in developers. No/low code systems…
I can only speak for Norway, but here we use different articles for the different genders. In Bokmål, a masculine noun uses "en", a feminine noun uses "ei or en", and non-gendered nouns use "et". I think it's slightly…
It's kind of a problem in that any supply problems have pretty massive effects on the price. A cyclone hit Madagascar in 2011 which significantly reduced the year's harvest, sending the prices skyrocketing [0].…
It's also worth noting that R becomes much more pleasurable with the Tidyverse libraries. The pipe alone makes everything more readable. I'm also coming from more of an office setting where everything is in Excel. I've…
Debt can be a strategic tool for a company. They want to maintain a certain debt-to-equity ratio as eliminating debt would probably be more expensive in the long run than maintaining that ratio. The ratio is, of course,…
Oh, I get what you mean now. A system like you show is essentially debits/credits, yes. For a lot of the smaller accounting systems, they actually print the GL in the format you show where negative numbers are…
>I would risk that most accountant don't know their debits and credits I've worked in accounting and this is just not true. The ledger is stated in debit/credit and all transactions are done in debit/credit. Even if…
I can only answer 1 from the perspective of a non-US, very junior, auditor with little experience, but I'll try. I don't see how it handles complex transactions very well. A simple example would be VAT. Assume a 25% VAT…
Pants falling down your ass isn't a protected class, so that's not really a fair argument.
> Only with the consent of the parents. Why should the consent of the parents matter when designing the curriculum? If the parents in an area suddenly decides that they all believe the earth is flat, would you be okay…
Some people want to be a business partner more than an employee. Not that that's impossible as a software engineer, but it may be easier from a different starting point.
IANAL, but only consideration is a common law thing, and is not required in the majority of EU countries, provided that I recall correctly.
While true, it's often two distinct processes. I work with implementing ERP systems, focusing on accounting and financials. Most systems I see use the ERP system to generate the invoice data and for tracking the invoice…
I don't think the file format above is especially conductive to learning. In my experience, most people learn double-entry bookkeeping with T accounts; debit is on the left, credit is on the right, and total credit has…
> You call it "BS" for some reason (you seem not to believe in it) The balance sheet is typically abbreviated as BS, so a BS account is a balance sheet account. It's been a while since I've had anything to do with…
Modern accounting systems like most ERPs allow you to specify the account and offset account in one line. It pretty much like you describe and is the preferred method for simple entries with only two accounts. It gets a…
You often end up with three accounts. Asset (balance sheet), accumulated depreciation (balance sheet), and the depreciation expense account (P&L). In which case the depreciation is cr. acc. depreciation and dr.…
From how I understand it, the idea behind Power Automate isn't to move programmers over to it. It's to allow other people in the business to automate their workflows without bringing in developers. No/low code systems…
I can only speak for Norway, but here we use different articles for the different genders. In Bokmål, a masculine noun uses "en", a feminine noun uses "ei or en", and non-gendered nouns use "et". I think it's slightly…
It's kind of a problem in that any supply problems have pretty massive effects on the price. A cyclone hit Madagascar in 2011 which significantly reduced the year's harvest, sending the prices skyrocketing [0].…
It's also worth noting that R becomes much more pleasurable with the Tidyverse libraries. The pipe alone makes everything more readable. I'm also coming from more of an office setting where everything is in Excel. I've…
Debt can be a strategic tool for a company. They want to maintain a certain debt-to-equity ratio as eliminating debt would probably be more expensive in the long run than maintaining that ratio. The ratio is, of course,…
Oh, I get what you mean now. A system like you show is essentially debits/credits, yes. For a lot of the smaller accounting systems, they actually print the GL in the format you show where negative numbers are…
>I would risk that most accountant don't know their debits and credits I've worked in accounting and this is just not true. The ledger is stated in debit/credit and all transactions are done in debit/credit. Even if…
I can only answer 1 from the perspective of a non-US, very junior, auditor with little experience, but I'll try. I don't see how it handles complex transactions very well. A simple example would be VAT. Assume a 25% VAT…
Pants falling down your ass isn't a protected class, so that's not really a fair argument.
> Only with the consent of the parents. Why should the consent of the parents matter when designing the curriculum? If the parents in an area suddenly decides that they all believe the earth is flat, would you be okay…
Some people want to be a business partner more than an employee. Not that that's impossible as a software engineer, but it may be easier from a different starting point.
IANAL, but only consideration is a common law thing, and is not required in the majority of EU countries, provided that I recall correctly.