2019-12-29, 13:00–13:05, Borg
Convinced that accounting is rewarding, this talk will explain the centuries old method of double entry accounting in wide use today.
On day 2, I tried to convince you that accounting can reduce anxiety about money and be a tool to achieve your projects.
This short talk will focus on the practical aspects of double-entry accounting: the five different types of accounts, transactions and how their debits and credits (called splits) must sum to 0. After an example, the accounting equation will be introduced.
Everything presented will be applicable to GnuCash a libre software for personal and small-business accounting.