sfos/ledger
1
0
Fork 0
Code Issues Pull requests Projects Releases Packages Wiki Activity Actions

Corrected a misleading example in the manual

Browse source
This commit is contained in:
John Wiegley 2010-06-09 04:56:57 -04:00
parent 158b9c92fd
commit 474d95adeb
1 changed files with 5 additions and 27 deletions
Show stats Download patch file Download diff file Expand all files Collapse all files

32
doc/ledger.texi
View file

@ -122,27 +122,13 @@ general ledger you need to record a payment to Pacific Bell for your
monthly phone bill. The cost is $23.00, let's say, and you want to monthly phone bill. The cost is $23.00, let's say, and you want to
pay it from your checking account. In the general ledger you need to pay it from your checking account. In the general ledger you need to
say where the money came from, in addition to where it's going to. say where the money came from, in addition to where it's going to.
The transaction might look like this: Such a transaction might look like this:
@smallexample @smallexample
9/29 BAL Pacific Bell $-200.00 $-200.00 9/29 Pacific Bell $23.00 $23.00
Equity:Opening Balances $200.00 Checking $-23.00 0
9/29 BAL Checking $100.00 $100.00
Equity:Opening Balances $-100.00
9/29 100 Pacific Bell $23.00 $223.00
Checking $-23.00 $77.00
@end smallexample @end smallexample
The first line shows a payment to Pacific Bell for $23.00. Because
there is no ``balance'' in a general ledger---it's always zero---we
write in the total balance of all payments to ``Pacific Bell'', which
now is $223.00 (previously the balance was $200.00). This is done by
looking at the last transaction for ``Pacific Bell'' in the ledger, adding
$23.00 to that amount, and writing the total in the balance column.
And the money came from ``Checking''---a withdrawal of $23.00---which
leaves the ending balance in ``Checking'' at $77.00. This is a very
manual procedure; but that's where computers come in...
The posting must balance to $0: $23 went to Pacific Bell, $23 came The posting must balance to $0: $23 went to Pacific Bell, $23 came
from Checking. There is nothing left over to be accounted for, since from Checking. There is nothing left over to be accounted for, since
the money has simply moved from one account to another. This is the the money has simply moved from one account to another. This is the
@ -174,16 +160,8 @@ formatting as the ledger program wishes to see them:
@smallexample @smallexample
2004/09/29 Pacific Bell 2004/09/29 Pacific Bell
Payable:Pacific Bell $-200.00 Expenses:Pacific Bell $23.00
Equity:Opening Balances Assets:Checking
2004/09/29 Checking
Accounts:Checking $100.00
Equity:Opening Balances
2004/09/29 Pacific Bell
Payable:Pacific Bell $23.00
Accounts:Checking
@end smallexample @end smallexample
The account balances and registers in this file, if saved as The account balances and registers in this file, if saved as