Treatment of debits and credits in accounting software

Posted by listerramjet PM | on Thu, 27/07/2006 - 10:06 2245 10 comments | report

I am currently working with a financial application which reports debits as minus and credits as plus. I am prepared to accept that provided it does this consistently then there is no issue, but I don't recall any other apps that display debits and credits using this convention. Does anyone have any other examples of financial applications that use strange conventions for displaying debits and credits?
Alastair Harris

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mnemonicc

carnmores | Thu, 27/07/2006 - 15:54

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alternative method ....

Anonymous | Fri, 28/07/2006 - 07:56

If I were a betting man...

Richard Willis | Fri, 28/07/2006 - 11:30

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It all goes to prove . . .

davidwinch | Thu, 27/07/2006 - 12:30

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Banks' Point Of View

I'msorryIhaven'taclue | Fri, 28/07/2006 - 13:52

Plus and minus are used in most parts of Quickbooks......

AnonymousUser | Fri, 28/07/2006 - 17:25

hi Andrew

listerramjet | Fri, 28/07/2006 - 16:37

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Well..

AnonymousUser | Thu, 27/07/2006 - 10:37

debits and credits

frauke | Fri, 28/07/2006 - 16:55

Convention

neileg | Thu, 27/07/2006 - 11:27