Skip to content
This repository has been archived by the owner on Mar 1, 2021. It is now read-only.

use current activity instead of retained earnings #10

Closed
chadwhitacre opened this issue Jan 28, 2016 · 1 comment
Closed

use current activity instead of retained earnings #10

chadwhitacre opened this issue Jan 28, 2016 · 1 comment

Comments

@chadwhitacre
Copy link
Contributor

Reticketed from gratipay/inside.gratipay.com#350.

Retained earnings (or accumulated deficit, for a loss) is for past years' activity. We should be posting individual income and expense transactions against Equity:Current Activity, which gets settled to retained earnings at the close of the year.

@chadwhitacre
Copy link
Contributor Author

Done in #16.

Sign up for free to subscribe to this conversation on GitHub. Already have an account? Sign in.
Labels
None yet
Projects
None yet
Development

No branches or pull requests

1 participant