Richard Wackerbarth wrot
> I think that the "pricing" module ( 1 = $0.20, ... , 6 = $1.00, ... 13 =
> $1.99) is beyond the scope of Gnucash. However, we probably be prepared to do
> the "cost of goods" calculation that goes with the sale.
This is an example of how a database-backended client/server separation could be
useful. This is as you note more properly a function of an "add-on" or plug-in
module that uses the GC backend for queries.
Also, I can't recall any specific titles, but as I recall there are programming
texts specifically directed at the banking and loan industries that include the
at-long-last commonly accepted practices for computation in those applications.
It might be a good thing for someone who lives near a university with a strong
computer science or finance program to visit the library and perhaps ask a
finance professor, rather than re-invent this particular wheel.
It's true that the math itself isn't difficult, but knowing the assumptions and
trade-offs that those folks have settled down with will save a lot of fixing
later on. I _know_ that Bank of America (or pick your favorite multinational
financial conglomerate) have researched this to the nth degree.
And wouldn't it be nice to be able to say, "GNUCash uses the same 'rock-solid'
accounting principles as the world's largest banks".
my 2c :O)
GB
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