Accounting and Database design, storing debit and credit amount

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你的背包
你的背包 2021-02-06 00:47

QUESTION: In the case below should I have stored all my amount as positives decimal amounts then flag the amount as either being a \"Debit\" or \"Credit\" rather than storing d

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  •  半阙折子戏
    2021-02-06 01:19

    I work with the Sage Timberline accounting system and it saves debits as positive amounts and credits as negative amounts. In all reports, including the Trial Balance, you do debits + credits. Then you do negative debits for debit reversals and positive credits for credit reversals. Works fine

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