diff --git a/doc/sgml/C/xacc-doubleentry.sgml b/doc/sgml/C/xacc-doubleentry.sgml index cb41cafb52..886322a12b 100644 --- a/doc/sgml/C/xacc-doubleentry.sgml +++ b/doc/sgml/C/xacc-doubleentry.sgml @@ -4,8 +4,7 @@ Understanding Double Entry Accounting - Why Use Double Entry Accounting? - +Why Use Double Entry Accounting? Double-entry accounting helps you avoid mistakes. This is why professional accountants use it. If you are new to accounting, @@ -17,7 +16,6 @@ What is Double Entry Accounting? - Double entry bookkeeping is an accounting methodology introduced in the 13th century to to make sure that each transaction and account is properly balanced. @@ -53,9 +51,8 @@ identity of accounting: Total of Debits = Total of Credits. - - + There is another important aspect to double-entry that should also be understood: to get the complete picture, you must also track income and expense. When you deposit @@ -123,30 +120,22 @@ to track the change over time.) - Using Double Entry - +Using Double Entry Creating Transactions - To create a double-entry transaction: - Click on a box in the column marked Transfer From + Click on a box in the column marked Transfer From on the left-hand side of the register. - - -A menu will drop down, listing all of the accounts from + A menu will drop down, listing all of the accounts from which a transfer may be made. - - - Select one. - - -When you record the transaction, the double-entry will + Select one. + When you record the transaction, the double-entry will automatically be made, and the transaction automatically appear in all windows showing the transferred-from and the transferred-to accounts. @@ -159,15 +148,9 @@ to track the change over time.) Changing Transactions - -To change a double-entry transaction: - - -Simply edit the transaction in any window in which it - appears. - - -Any changes made will be automatically reflected in both +To change a double-entry transaction, + simply edit the transaction in any window in which it + appears. Any changes made will be automatically reflected in both accounts and all windows displaying the transaction. @@ -186,12 +169,9 @@ to track the change over time.) Scrubbing Clean - GnuCash may be configured to be strict about double entry, or you may configure it to be "loose." - - -In "loose" mode, you can create unbalanced + In "loose" mode, you can create unbalanced transactions, that is, transactions where the "splits" don't balance to zero. That discards the validation that comes from using the more strict double entry scheme, which is @@ -220,22 +200,17 @@ to track the change over time.) clean this up at some point. To clean up these unbalanced transactions, you Scrub the account clean by choosing Scrub from the window menu. - - -The process will examine each transaction; if the + The process will examine each transaction; if the transaction doesn't balance, a split entry will be created and placed into an account named Unbalanced. You may then review these splits and move them to their proper accounts. Warning: Functionality Changing... - - -At present, control over whether GnuCash is "strict" or - "loose" is established at compile time, and defaults to strict. - - -In the future, there will be no option of "looseness." + At present, control over whether GnuCash is "strict" or + "loose" is established at compile time, and defaults to + strict. + In the future, there will be no option of "looseness."