@Tut, I don’t think that I have ever seen a post with so many fake allegations.
It’s noted that you have already edited out your fake claim that 3 instead of 2 accounts were used.
The deleted text “You have 3 accounts involved (Retained earnings will reflect entries, too) instead of 2.”
I never stated or even implied that “my” solution is simpler, so another fake allegation.
If you re-read your own sub-extract quote it clearly states “Manger itself can provide a much simpler solution”, or if you re-read the full statement “While a spreadsheet could be an option, Manager itself can provide a much simpler solution” where it is clearly being put that Manager itself compared to a spreadsheet would be a simpler solution i.e. one computer programme v’s another computer programme.
Not at all, but lets add it to the fake allegations.
When they make the very first advance to the friend, then the payment transaction is “credit” a funding source and “debit” the friend’s Advance account. That “credit” creates a liability balance in the absence of any debit balance to contra it against.
But would owe it to their funding source. When they are make an advance to the friend they are in effect “borrowing” from one of their funding sources, any repayments from the friend would reimburse those “borrowings”.
But not when this directly conflicts with expressly made statement:
- I am more than happy to front knowing I will get it back
- I am more than happy to loan him the money personally as a loan
Since when have you started advocating that setting up Manager, regardless of the need, is a headache.
As an aside which I will be addressing more seriously in another topic’s response, but some of your recent responses to Users have been increasingly aggressive in tone and are also lowering the standard of the Forum.
When any User provides a topic with the option of a solution, then it’s up to the creator of the topic to accept or reject that offered solution, IT IS NOT your role to negatively nit pick that solution or openly belittle the User for putting the solution forward - especially, as in the case above, when a User has to waste their time defending themselves from your unwarranted misinterpretations and fake allegations.