Re: Prophet question
- From: Ray Dawson <ray@xxxxxxxxxxxxxxxxxxxxxx>
- Date: Sat, 5 May 2007 18:04:12 +0100
Tim Hill <tim@xxxxxxxxxxxxxx> wrote:
In article <gemini.jhkq7k009xaaj02g4.ray@xxxxxxxxxxxxxxxxxxxxxx>, Ray
Dawson <ray@xxxxxxxxxxxxxxxxxxxxxx> wrote:
I never used Prophet - I use Personal Accounts 4 for both personal and
business use.
The converse is true here.
Can Prophet combine both personal and business accounts? The reason I
ask is that I use my personal account for business use on occasions,
so Prophet may be a reason to use a RISC OS application for my
accounts.
I don't process all my personal data in Prophet - that's my Bank's job
and why I pay them - but I do include in Prophet those items from
personal money and accounts which relate to business use and I have
created an account in prophet which reflects what I am owed.
I prefer to keep track of my personal accounts, as well as my business
account, but don't want to run two packages which each have to have the
same data entered into.
If I were to include, say, both my personal income and business income
in Prophet, both would be included (lumped together) on (e.g.) VAT
returns. If (some or all of) the personal income is derived from the
business then its inclusion (twice!) would incorrectly inflate the
business turnover.
Isn't there any way that Prophet can include income/expenses which /don't/
contribute to the profit and loss figures?
I don't understand all the account terminology such as assetts, equity,
revenue etc. All I want to do is what I do in Personal Accounts, but in a
more business oriented package.
Cheers,
Ray D
.
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