Just because you can do something doesn't mean that you should.

In this discussion I saw reference to the possibility of having two sets of books open at the same time and how much easier that would make it when a transaction spans the books

There is a down side to that convenience you should take into account when deciding whether or not to do this. Yes, it will save you a little bit of time (not having to note down book spanning transactions for later entry into another set of books). But it will cost you a LOT of time tracking down an error should you ever make one. If only one set of books is open, you cannot accidentally enter a transaction into the wrong one << this sort of error likely to go undetected for quite a while as neither set of books out of balance because of it >>

Michael D Novack




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