debtors

[butre]

hi

i am looking for a good book keeping package for my wife's business, i am undecided yet between accounts and icash.

Icash seems the more comprehensive package but there is 1 thing i am not able to figure out.

under the header balance you have various types

Banks
Portfolio
Assets
Debts

is it possible to add another type namely Debitors.

when generating an invoice i never get paid at once, it always takes up to 30 days and in that case i want to create a transaction which allows me to track all my debitors.

i am able to do this with accounts, but there are many things i cannot do with accounts and my preference would be to use icash.

many thanks
rogier

 

[stanbusk]

Actually iCash lacks this feature. How would you like this to be implemented?

 

[butre]

I would implement this by creating a new type and add debtors and creditors

it would mean you will have the following types:

Banks
Incomes
Expenses
Debts
Portfolio
Assets
(startup)
Debtors
Creditors

Or what you can do is let the user define these groups, just as you allow different categories/accounts to be created.

is this what you meant?

thanks

 

[cs]

under the header balance you have various types

Banks
Portfolio
Assets
Debts

is it possible to add another type namely Debitors.

when generating an invoice i never get paid at once, it always takes up to 30 days and in that case i want to create a transaction which allows me to track all my debitors.

i am able to do this with accounts, but there are many things i cannot do with accounts and my preference would be to use icash.

Why are you asking for a new _type_ of account when what you want is in fact an account (that you can add yourself) within one of the asset types? (Preferably in Portfolio, I think.)
If you check out Accounts that is where they have placed it.

 

[butre]

that is a possibility as well but i would rather place it as i described it

in the meantime i have placed it under assets but it is not really an asset (need to get paid first)

 

[cs]

Well, it is still an Asset. Just as any other promissory note.
And just as for the other accounts in Portfolio the value is uncertain until you cash it in.

 

[ptroxler]

Assets / Debtors

The way I resolved exactly the same issue is by creating a new category under assets named "Debtors" with individual accounts for my key debtors in this category. So it is according to accounting standards (i.e. debtors *are* an asset category) and I can easily get an overview of my key account customers.
/pt