Friday, December 16, 2005

LinuxDevCenter.com: A Day in the Life of Dave the Dollar: "Few things about GnuCash are as hard to understand--or as important to master--as the double-entry accounting method. If you took accounting in college, GnuCash's way of managing your money probably induces heart-palpitating flashbacks of debits, credits, and mean old accounting profs. If you didn't take an accounting class, you may be completely lost, because the way GnuCash does things is the same way professional accountants do it. Used correctly, the double-entry method reveals where every cent of your money comes from and where every cent of it goes. Fortunately, it takes very little to master the basics of the GnuCash way. Once you do master them, the increased flexibility and power with which you can manage your cash flow will pay enormous dividends.

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