Maybe I was clumsy in my first topic “Basics Of Accounting”. I never wanted to blame anyone for anything.That does not lead to any useful result. I never wanted to ignore the rules of conversation. If I did not answer to a question it was not my intention. Please accept that I am offline from Monday to Friday. And I did not complain at all. I showed up some facts.
Let us communicate at a professional level now. I do not expect an answer or counter statement to my posts. Please think about it, check it, make a decision and improve the software. No endless discussions. Just ignore it when I am wrong. I do not need any explanation. I am not sad about it.
I still think that manager is a good software and it can become a very good software. But it has to be improved permanently. The mass of updates show that you work on it all around the clock. My first requests were fulfilled immediately. A great tribute to all.
My later statements to the German GAAP (GoB - Grundsätze ordnungsmäßiger Buchführung) are all correct. The instructions in other countries are not interesting for me at all. Naturally you have to satisfy a lot of instructions all around the world. I agree. Please regard my statements as suggestions and not as critism.
In fact the software can be improved for german users according to the translation and the german GAAP (GoB). This must not be ignored.
debit = Soll (Not “Belastung”)
credit = Haben (Not “Gutschrift”)
assets = Aktiva = Vermögen
fixed assets = Anlagevermögen
current assets = Umlaufvermögen
accounts receivable = Forderungen aus Lieferungen und Leistungen
cash at bank = Guthaben bei Kreditinstituten
cash on hand = Kassenbestand
liabilities & equity = Passiva = Kapital
equity = Eigenkapital
liabilities = Verbindlichkeiten
accounts payable = Verbindlichkeiten aus Lieferungen und Leistungen
This is fundamental knowledge.
By using some tricks it is even possible to create a BS that almost looks like a “Bilanz”.
For example you can notice your Equity as “A. Eigenkapital” at Liabilities. But then remains the positon Equity (“Eigenkapital”) once more below without any value.
Further the BS positions are usually displayed in bold letters but the “Groups to collapse” positions are displayed not in bold letters.