Credits are positive, debits are negative. I have never seen an accounting
package that did not follow this basic rule.
Dave Cramer wrote:
> Hi all,
>
> Can anyone out there with more experience than me give me some hints as to
> how to do accounting tables in a db. The problem I am wrestling with is how
> to represent credits, and debits.
> One way is to identify credits and debits with a transactiontype, and keep
> all of the numbers positive which models the way accountants do it. This
> makes things liking calculating the balance difficult with a sql statement.
>
> Any hints would be appreciated.
>
> Dave
>
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