> Incidentally, the textbook also says that checks should ideally require two signatures. I don't know how to impose that control over electronic transfers I'm a trustee of a tiny charity in the UK, and our treasurer's account with Lloyds Bank allows for this. X sets up the transfer, then Y logs in to confirm it.
Alas impossible for PayPal, with a host of attendant problems. On Sun, 26 Jul 2020 at 16:40, John Ralls <jra...@ceridwen.us> wrote: > > > > On Jul 25, 2020, at 9:13 PM, Liz Dodd <ed...@billiau.net> wrote: > > > > On Sat, 25 Jul 2020 15:04:22 -0500 > > "w...@theprescotts.com" <w...@theprescotts.com> wrote: > > > >> Your suggestion about a second person to handle the cash is a good > >> idea. One of my longstanding complaints has been that no one ever > >> looks at any of the finances except me. We are a group of about 300 > >> members with maybe 20 that take an active role in the organization. > >> There is too much to do and no one wants to spend energy on something > >> that isn't broken. > >> > >> As far as checks go, no one uses them in Mexico. No one writes them > >> and no one will cash them. Bank transfers serve the same purpose. > >> > >> Will > > > > Lots of the world no longer uses cheques (or checks). The latest > > improvement here is that I can instantly receive money sent to me, > > identified by an email address or phone number which I have registered. > > Did nobody read the footnote? The book was published in 1985, long before > electronic payments became widely available. No doubt the 2020 edition > would say something like "independently documented transfer" with a mention > somewhere that that used to mean a check but now covers a variety of > payment methods. > > Incidentally, the textbook also says that checks should ideally require > two signatures. I don't know how to impose that control over electronic > transfers but the local newspaper reports two or three cases of > embezzlement a year where it's obvious that a two-person control would have > prevented the crime. > > Regards, > John Ralls > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
