On Sat, 03 Jun 2000 17:45:43 PDT, the world broke into rejoicing as
Rob Walker <[EMAIL PROTECTED]> said:
> looking worse...
>
> http://www.microsoft.com/technet/exchange/chart1.asp shows me that the
> business side of this can be as complicated as is needed, and might
> need an acountant to figure it out.
>
> two questions:
>
> 1. would it be smart to call up an accountant and ask?
They'll ask you what kind of business you're thinking about, and
then say, "it depends."
> 2. would it be worthwhile to open up a windows version of quickbooks
> and see what they have going on there?
There may be _useful ideas_.
It won't provide an unambiguous "Here's _THE_ way to do it."
As you observe, business accounting can be arbitrarily complicated.
When that happens, only a professional accountant will likely be able
to come up with structure that other professional accountants won't pick
at _too_ much.
Simply put, how things are accounted for depend on what activities are
crucial to the business. And when the activities vary, the chart of
accounts will, unsurprisingly, vary.
--
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"But what....is it good for?" -- Engineer at the Advanced Computing
Systems Division of IBM about the microchip. 1968
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