Michael, I use GnuCash for my cash business and don't have any trouble with it. I think the only trouble you may have is with report generation.
Kind regards, Greg Feneis (Pixel 3) On Mon, Aug 26, 2019, 01:46 Michael Hendry <hendry.mich...@gmail.com> wrote: > > On 25 Aug 2019, at 15:55, Mike or Penny Novack < > stepbystepf...@comcast.net> wrote: > > > > On 8/25/2019 3:25 AM, Michael Hendry wrote: > > > > First (and an important question) > > Is your organization om the cash or accrual basis? You should always > state that. > > Cash. > > > The business features of gnucash only work for accrual. > > In that case, my question in the subject line is answered, in the > negative! > > > And I see that your organization does pledges. Here in the US, pledges > ARE receivable,but only according to the terms of the pledge << thus if a > person pledged X a year for five years, only the X for the current year due > NOW >> So pledge accounting will require extra work unless all your pledges > are simple, immediate pledges. > > Volunteering to be a paying guest at a “Foundation Dinner” is the only > undertaking that fits into the definition of a pledge, but I can see that > setting up an invoice for it would make it “receivable”, and have a > lifetime that went beyond the financial year’s end. > > But if I avoided setting up invoices for this particular fundraising > activity, could I use the Business Features to record income from a each > member (“Customer”) as it arises? > > > > > But you can easily have a second set of books to keep and report on "by > member" stuff, and if using the business features, can invoice. > > That’s a method I hadn’t thought of, and will look into. There’s the > obvious risk of these two sets of books getting out of step. > > > Note though that at least in the US "membership dies" are not really > receivables <<you are legally allowed to drop out of a voluntary > organization at any time -- organizational rules about "demits", etc. apply > only if you want to rejoin>> However many organizations even cash basis > [prefer being able to send out "statements" (invoices to members) > > > > Notice that I misunderstood.What I was suggesting was if you had to > supply to the government the CORRECT member name for the donations, not > just that it had to be SOME member's name. The latter is of course far > simpler in terms of record keeping << I was picturing the former because > possibly there were by person limits >> > > From the point of view of the annual report to OSCR (the charity > regulator) there is no need for detailed reporting of income - see > https://www.oscr.org.uk/media/1800/2015-01-27-example-accounts-scio.pdf - > but the annual claim for Gift Aid requires the total contributed per annum > by each individual member. The 25% boost that Gift Aid covers is the reason > why most Rotary Clubs in the UK set up charities which operate “at > arms-length” from the clubs themselves but whose trustees are club > officers. > > > > > Michael > > > > PS: I do NOT attempt to get gnucash to produce reports in their final > form. Easier to export full reports and then copy into a document that gets > edited to remove extraneous detail, insert annotations, etc. > > > > The way I’ve set up the accounts may need review, as I’m going to require > a lot of individual searches to isolate contributions from individual > members. > > I think I need to remove a tier and identify the intended destination of > the income using a tag in a searchable field. > > Income:Destination1:MemberA … MemberN > Income:Destination2:MemberA … MemberN > … > Income:DestinationX:MemberA … MemberN > > - a total of X * N accounts. > > > Becomes > > Income:Donations:MemberA … MemberN, with Destinations 1…X recorded in the > Description field of each transaction. > > - a total of N accounts. > > Thanks for your continued interest and support, > > Michael > > > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.