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Siethron
πΎππππ πΏπππMy accounting ass has to let you know that while Iβm aware that accountants are among the most depressed workers in the workforce, I stand out from my peers by being chipper and ready to help.
Now just stop asking me which GL account code to use because I know youβll pick your own, and Iβll have to clean it up later. Job security, I guess.
Im a software engineer snd we had to do some integrations with Sage and seeing GL Account Code has shaken me as that was a terrible ordeal.
Trying to balance things just melted my brain and double extra accounting just seems so, dare I say, stupid!
It didnβt help that the accountant I was liaising with would tell me about bugs and explain things like in an accountant and I hated every moment.
The double entry method in the accounting world can really throw people for a loop when they havenβt been involved in it. I kept trying too hard to understand why double entry exists and just go with the flow.
The real reason is the accounting equation: Assets = Liabilities + Equity. You donβt have to know which specific accounts are assets, liabilities, or equity. All you really need to know is when you show a change to one part of the function, you have to show how it cascaded to another part of it so that it makes mathematical sense. At the end of the day, 2 must equal 1+1 or 0+2 or 2+0 or whatever combination you want. Yup, liabilites can be greater than assets. Thatβs when the company is getting ready to file Chapter 7 bankruptcy and liquidate (that is sell everything, including the floor tiles, and shut the doors for good).
It didnβt help that the accountant I was liaising with would tell me about bugs and explain things like in an accountant and I hated every moment.
Yay for industry jargon. Making us all miserable since at least the Industrial Revolution. Probably longer lol