With a little bit of coding there have been some major improvements to the bookkeeping process, i.e. the process of taking transactions and assigning them to specific accounts. The process has been improved so much that it is almost entirely automatic! When a series of transactions are imported into PBooks, they are assigned an account, but that's only one half of the accounting equation.
When that transaction is matched up with another, the memo is used to "guess" which other account it should be joined with. This hasn't been tested thoroughly, and it has only been setup to work with simple, non-split journal entries. However, the amount of time saved by this addition is so significant that I'll be spending more time to polish it up.
I'll elaborate more on the additional improvements as well as post the SVN commit log later, right now I'm off to the mall for some shopping.