Once on a consulting engagement, an accountant told me that he described his job to his five year old daughter as, “I put numbers in boxes.” That was a great explanation, and it helped define a pretty abstract concept. There are two basic premises to putting numbers in boxes.
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Putting Numbers in Boxes - Spring Cleaning for Charts of Accounts - Part I
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Putting Numbers in Boxes:
Spring Cleaning for Charts of
Accounts— Part I
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