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 Domestic Well-Being Accounting

 

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'Accounting for a Better Life' is not primarily about Microsoft Moneyİ.

However, the author used Microsoft Money (MSM) as a general-purpose accounting software package from the earliest version in the development of his new Domestic Accounting model, based on what he calls Domestic Well-Being (DWB).

Accordingly, all the examples and prototypes discussed in the book and provided on the bonus CD are based on the use of MSM, together with a general-purpose spreadsheet program.

The author does not specifically endorse the use of MSM and explains that any general-purpose accounting package should be capable of being used for DWBA provided it supports categorising transactions.

For those already familiar with MSM, learning to use Domestic Well-Being Accounting (DWBA) should be very straightforward; requiring just an understanding of double-entry for which MSM is not usually used, and the specifics of the new focus on Domestic Well-Being and its associated structure and reports.



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