I tend to view the payee a bit like a comment. I can query against it to make specific reports, but generally it is an after-the-fact "just how much pizza did I buy???" thing. Where I want an account is when I have a recurring relationship with another entity (i.e., I receive invoices from them regularly, or I send them invoices regularly). As a computer contractor, it makes sense for me to have accounts for my regular customers, but not for each supplier that I work with. I don't actually buy anything on a regular basis from anywhere unless it is a monopoly (e.g., the train/bus). It's nice to have the payee to remind me who I paid (and help me find the receipt), but I don't really care who it was.
As you say, both work, but I would shy away from making an account for someone unless they really had an account with me ;-) On 29 September 2014 08:18, Martin Blais <[email protected]> wrote: > On Sep 28, 2014 8:36 AM, "John Wiegley" <[email protected]> wrote: > > > > >>>>> John Louis Del Rosario <[email protected]> writes: > > > > > Hmm isn't that what the "payee" line is for? The name of the > person/place > > > where the money is coming/going from/to? > > > > What payee and account really mean should always be up to the user, not > the > > tool. > > It's arguable that by naming them "payee" and "narration" you're implying > a certain meaning for these fields. In fact, I would argue if someone uses > them for some other meaning, that's probably a bit of a kludge. > > About the payee vs. account thing: there is an interesting dichotomy > between payee and account name: in many cases a payee whose transactions > always take place in the same account can be replaced by a sub-account, e.g. > > Expenses:Communications:Internet with payee "Time-Warner Cable" > > vs. > > Expenses:Communications:Internet:TimeWarnerCable > > Both work. I'd love to establish some principle for which is favorable > eventually. > > > > > > > John > > > > -- > > > > --- > > You received this message because you are subscribed to the Google > Groups "Ledger" group. > > To unsubscribe from this group and stop receiving emails from it, send > an email to [email protected]. > > For more options, visit https://groups.google.com/d/optout. > > -- > > --- > You received this message because you are subscribed to the Google Groups > "Ledger" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > For more options, visit https://groups.google.com/d/optout. > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
