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BusinessJustin August 19th, 2015 6:21pm

Are you familiar, at a very basic level, with how double-entry accounting works?

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fcdrvr
08/19/15 9:35 pm

The only kind of double entry accounting I know is how to fanagle the books to make it work

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dfish at home
08/19/15 10:57 pm

Sounds like my first night doing accounting homework

BamaGirl ROLL TIDE from Arizona
08/19/15 8:00 pm

I hope so...I have a MBA.

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omagabi Surf City
08/19/15 7:52 pm

As a financial analyst I have to know how it works. It's logical.

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4boot LaTrineodeur, MN
08/19/15 6:44 pm

BAc degree and worked as an accountant.

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PeppyHare Do a barrel roll
08/19/15 6:24 pm

Got my undergrad degree in accounting... Yep

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susanr Colorado
08/19/15 4:51 pm

No. I'm allergic to anything resembling finances. (Not to math, though.)

clearthinking Nevada
08/19/15 3:17 pm

T Accounts baby

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Krystina Let Freedom Reign
08/19/15 2:22 pm

I've had several accounting courses and know that I used to know. Unfortunately, I no longer remember.

sea California
08/19/15 1:16 pm

Yes I'm an accountant.

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Zod Above Pugetropolis
08/19/15 1:14 pm

Yes, and exactly the way you put it: at a very basic level, left over from Accounting 101 30ish years ago. I've never actually done anything remotely like it outside of exercises in that class.

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mc88 Cleveland OSU
08/19/15 12:15 pm

Not yet. I haven't even taken Econ

OhTheIrony Learning from you
08/19/15 12:01 pm

Yup. Asset and liability groupings make for a better system to reconcile discrepancies.

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inge MIA
08/19/15 11:38 am

Yes, makes my job easier.

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TomM
08/19/15 11:37 am

Being an accountant I'm more than at a basic level 😃

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BusinessJustin Tamriel
08/19/15 11:40 am

I wanted to be an accountant, but programming came along. I still really love it though, but I wish I could explain to my wife how it works. Haha, she doesn't quite grasp how our budget works now...

BusinessJustin Tamriel
08/19/15 11:40 am

I wanted to be an accountant, but programming came along. I still really love it though, but I wish I could explain to my wife how it works. Haha, she doesn't quite grasp how our budget works now...

bluerum29 optimistic idealist
08/19/15 1:07 pm

I gave an accounting degree, not currently using it, but would like to at some point

Kimbobee the middle of nowhere
08/19/15 11:32 am

Yep! I took an accounting class in high school and another in college.

rons screw politicians
08/19/15 11:28 am

My brother went to Pace for accounting ) he was a CPA) and I followed in his footsteps. hated it! Became a computer programmer in 1965.

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BusinessJustin Tamriel
08/19/15 11:28 am

Oh nice, I didn't know you were a programmer. I'm one now, but I don't really enjoy programming all that much. I'm much more interested in database design and management.

rons screw politicians
08/20/15 4:25 am

I started in 1965. Became a manager/director in the late 80. My son is the chief software architect for a large firm. Advice. Learn every aspect of your business, treat them as internal customers, respect them, ask questions.

BusinessJustin Tamriel
08/19/15 11:23 am

I've started using double-entry accounting for my personal finances and I keep track of things on an accrual basis now. It's been amazing, I now see why businesses do things this way. Unfortunately, haha, no one else I've talked with even understands

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BusinessJustin Tamriel
08/19/15 12:09 pm

I'm using gnuCash right now, a free software. It's pretty good, but it doesn't have quite the reporting I want and the budgeting functions aren't solid. I'm thought about programming my own solution, but that's a lot of work.

PeppyHare Do a barrel roll
08/19/15 6:29 pm

This is all a lot of work, is there really a need for accrual based personal finances? Understanding your cash flow is what I would guess is important, like understanding when you need to have cash ready for car insurance...

BusinessJustin Tamriel
08/19/15 7:02 pm

Accrual based personal finance is worth it, I promise.

MrEdwin Mystery
08/19/15 7:28 pm

I feel you man, I tried to explain double entry accounting to my roommates but I could never get them to understand haha.