Re: double-entry bookkeeping unneeded?


JXStern wrote:
On 28 Dec 2006 15:50:30 -0800, "topmind" <topmind@xxxxxxxxxxxxxxxx>
wrote:
I'm anxious to see how that approach implements a single $100 payment
with $98 to interest and $2 to principle.

That is a combination of "transactions", not one. I am not dictating
the "splitter" allocation interface/tool. I am only saying how an
atomic "transaction word" looks like inside the accounting system
(database).

You'd be well advised to put the total of these offsetting entries
inside one database transaction.

Agreed. Saving the total of the "group" wouldn't hurt either.


J.

-T-

.