Hi, Adrien Monteleone <adrien.montele...@gmail.com> writes:
> I noticed something about the business features that isn’t working as > expected, or at least not optimally. > > When entering a bill or invoice, each line item allows you to put a date. > > When posting that bill or invoice, only the posting date is used - not > the individual line-item dates. > > While I can see that this behavior might make sense to most people, it > seems to me to be a carry-over from the days of paper ledgers that is > very inefficient. Not at all. All the invoice data (inluding line-item date, description, etc) is all "metadata" in terms of your Chart of Accounts. When you post the invoice, GnuCash totals up the amount and posts the invoice totals into your CoA. Of course this happens at the "Post Date" -- that's exactly what it's supposed to do. There is a "newer" feature that tells the posting not the accumulate splits. This will map each line-item into a single split (instead of accumulating all line-items that go to the same account into a single split). However, because a transaction only has one date associated with it, that date is the post date. I don't see how this is inefficient. [snip] > The same is possible for invoicing your customers. It is entirely > possible to invoice a customer for work done in a previous period (or > multiple previous periods - such as job-based billing) and not receive > payment for it till much later. This is true. This is the difference between accrual and cash accounting. The Business Features are 100% accrual. > GnuCash has no issue with letting you post bills and invoices > independent of actual money exchange. (the whole purpose of the > business features) But it seems it does not allow you to recognize > revenue and expenses in their proper periods. This is true. See https://bugzilla.gnome.org/show_bug.cgi?id=95700 > Am I missing something? 15 years of history. ;) > Regards, > Adrien > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. -derek -- Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory Member, MIT Student Information Processing Board (SIPB) URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH warl...@mit.edu PGP key available _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.