"GnuCash does have a Cash Flow report, but it is more general" *No,
GnuCash does not have anything like the normal Statement of Cash Flows*
expected by financial statements users. A statement of cash flows is
supposed to identify sources and uses of what would otherwise be "cash"
(liquid
To Chris Gifford, you mentioned including a chart, apparently titled "MS
Money Cash Flow Forecast", but that was not attached; could you please try
posting that again?
You want to "graph future cash flow based on scheduled transactions for any
date range" similarly to how MS Money does it.
Could
Gal and Adrien -- I'm curious, does "method 1", i.e. tagging, allow for
transactions having splits with varying tags? E.g., it is very common for
one entity i work with to have a purchase transaction at Home Depot with
items to be charged to different jobs, so the total expense needs to be
split
Gal - Well-stated question, except you omit description of the problem in
language of accounting as taught to, learned by, and understood by
accountants of the classical type, i.e. CPA's, students and graduates of
business programs, accounting researchers and educators. Which is to
describe the
Hi Ken Brown, I think that you need what you asked for, a good Chart of
Accounts example, which you will implement into a new GnuCash entity. How
about the following Chart of Accounts, designed by me just now for a single
person in the United States with some regular salary income plus some
Identification are not supported at all in Q, while I think they could be
done straightforwardly in a spreadsheet.
Don
On Fri, Oct 2, 2020 at 3:35 PM David Carlson
wrote:
> doncram, I think that you contradicted yourself when you said GnuCash
> supports inventory control then described how dif
Hi Frederick & others -- It has often been said in this email forum that
GnuCash doesn't support inventory, but I think that's basically wrong.
What I mean is that while GnuCash has no separate inventory module as are
available in some versions of Quickbooks, say, one can use GnuCash + a
About invoicing making GnuCash show assets (accounts receivable) when the
dues are billed (or pledges receivable), I don't see why that would be much
of a problem. Couldn't that be addressed by your entering a journal entry
to zero out the asset balance and reverse the income recognized, whenever
Just to say GnuCash could serve churches and other nonprofits much better
if Job Costing were supported. And relatedly, more churches and other
nonprofits could use GnuCash if Job Costing were supported. Thank you
Jacob Oomen for sharing the links to your extensive past work to help
accountants
In Quickbooks Desktop 2017 by the way, you absolutely can go back and
change a reconciled transaction's memo info and categorization and date and
so on, as long as you do not change the dollar amount.
If you do try to change a dollar amount, you get the following
(appropriate) message:
Job costing, as covered in accounting textbooks and as implemented in some
software versions including desktop Quickbooks Pro (but not in some other
versions of Quickbooks), is not available in GnuCash. Job costing allows a
construction business, say, to track expenses associated with each
data files. I do think it would be really cool, if GnuCash
could accommodate this. Am I correct that GnuCash development does not
cover multiple-device systems, that the GnuCash system would not itself
include the app. Anyhow, Christopher et al., now does this sound like what
you want?
D
when you unload on "the effective collection of them" you unload on
> > all of them.
>
> Jim, and others, I do not approve of posts like doncram's which
> preceded this.
> As the Moderator I have intervened and will check future posts from
> doncram.
>
> Kindly
ion over the years.
>
> https://lists.gnucash.org/pipermail/gnucash-devel/2018-January/041529.html
>
> On Wed, 12 Aug 2020, 8:34 am doncram, wrote:
>
>> The idea of "envelope method" then is to mirror the model of budgeting and
>> control done by real life envelo
has any bearing on this. I can follow
> accrual methods and still want to earmark assets but not want actual
> liabilities or expenses to be overstated, or assets to be understated at
> any point in time.
>
> Certainly, a built-in budgeting option along these lines would be nice.
Yeah, this is a sore point which has been running for years, and indeed
should be written up nicely somehow. Basically it needs to be said that
accountant type persons need to understand that there is an anti-accounting
vibe in the GnuCash community, which is objectively an insulting, arrogant,
the end-of-period position achieved by these entries and all other
review/modifications. This matters a lot, especially to anyone being paid
a bonus depending upon the earnings number reported. And it needs to be
covered in documentation/teaching of GnuCash to be understandable to more
persons,
Thanks Adrien! My replies interspersed. Mainly it seems I use term
"closing" differently than you do.
On Sun, Aug 9, 2020 at 6:44 PM Adrien Monteleone <
adrien.montele...@lusfiber.net> wrote:
> On 8/9/20 5:51 PM, doncram wrote:
> > In the recent thread with Marilyn Gra
Both fixed date and relative date locking are needed, let me chime in to
say, with reasons that may not have been considered so far. Relative (same
as number of days?) should be a mild locking, like just a notice that can
be over-ruled ("The transaction is more than 60 days in the past, are you
In the recent thread with Marilyn Graves, and also in previous threads, it
has been asserted that closing of accounts at the end of a period is not
needed. But it is needed!
It has accurately been pointed out that Gnucash or other modern accounting
software does not need users to go through
Okay i think i understand more, from Marilyn Kimple's case and now from
searching about "envelope method" in gnucash-user postings (which Adrien
Monteleone pointed me to, thanks!), where Adrien and David Cousens and
Micheal Novack have a number of postings, including in responses to Eric
Bowen.
Yikes, i think Adrien should not write that up on the wiki! This has
gotten crazy. No one should have to go through complicated gyrations so
that equity subaccounts can awkwardly report amounts that are unusual and
aren't very meaningful. This gets impossible to follow, so I am not sure,
but I
Hi Marilyn. I like your usage of sub-accounts within equity at least to
indicate that some balance of emergency savings should be considered, when
looking at your Balance Sheet. Like to be able to say there is X amount of
equity available beyond that amount set aside for emergency savings. Or
Does GnuCash recognize unrealized gains/losses of investments such as
stocks, so that they would appear in an Income Statement for a given period
and in a Balance Sheet for a given date? And if so, how/where, and can one
control the presentation?
The online documentation of the Tutorial and
I said:
> I am not an expert about how personal financial accounting
should be done, where that is different from business accounting...
Another said: "If you lack the "qualifications" to be a tax advisor, don't
say tings
like that"
My response: Well, I don't think i did wrong by
To Dann F et al. -- In my opinion, the informal College Fund you describe
is neither a liability nor a short-term asset, but rather is a long-term
asset, in my opinion. I am not an expert about how personal financial
accounting should be done, where that is different from business
accounting.
Many funny comments here about the sorry volunteer Treasurer's plight, who
is never going to get out of it. With Flywire's perhaps the most hilarious
to me ("Been there as Treasurer, club meeting when I was away, members
collected meeting fees then paid venue for meals out of money collected
a bank
> account.
> >
> > Finally, I don't understand the suggestions about not having a cash
> account and immediately depositing all cash to checking. Perhaps it is
> partly because I live in a country where many transactions are still done
> with cash, where no
Hi, I recently installed and am using GnuCash (Version: 3.10 / Build ID:
3.10+(2020-04-11), on Windows). I am happy to see some functionality for
Job Costing has been added in recent years. This is very important to
develop so that many more small businesses could possibly use GnuCash. But
what
This is exactly where Job Costing would be of direct assistance. Job
costing is now partially implemented in GnuCash (at least you can define
jobs and you can attach them to any specific expenses). Please see a new
thread on Job Costing soon.
For either a for-profit or a non-profit 501c3, what
ip any lines that don't apply, like
if you have no Accounts Payable or any stock sales.
Hope this helps.
Donald Cram
On Tue, Oct 1, 2019 at 2:54 PM doncram wrote:
> What you want is a Cash Flow Statement, which in effect "undoes"
> accruals. This is basic in any accounting s
What you want is a Cash Flow Statement, which in effect "undoes" accruals.
This is basic in any accounting system, along with Balance Sheet statements
and Income statements. Any introductory accounting course at a community
college or university, or any introductory accounting text book will
ntent=webmail_term=link>
<#m_-1710799610467280712_DAB4FAD8-2DD7-40BB-A1B8-4E2AA1F9FDF2>
On Mon, Aug 26, 2019 at 8:36 PM doncram wrote:
> In your case, Michael Hendry, are there other persons who need or work
> with some of the information? Surely then there are communication /
> information sharing ne
If there's no functional bug, then there's a different bug: what is
displayed should be changed to show "report processing...please allow a few
minutes" or something like that. Surely it should not take seven years to
change what a message states. --doncram
On Sat, Feb 10, 2018 at 5:
r
"Freeze" as a possible keyword.
Thanks so much for helping me along! I did try to look for info in the
documentation but wasn't successful, before asking. --Don
On Fri, May 26, 2017 at 4:53 PM, Derek Atkins <de...@ihtfp.com> wrote:
> Hi Don,
>
> On Fri, May 26, 2017 4:43
)? --cheers, Don
On Wed, May 24, 2017 at 3:01 PM, Mike or Penny Novack <
stepbystepf...@dialup4less.com> wrote:
> On 5/24/2017 10:46 AM, doncram wrote:
>
>> ... What is meant by "closing" in GnuCash-jargon seems different
>> than what is meant more us
$20 cash and also records $1.31 of Sales Tax on
Consulting revenues.
So what Pete wants can be done. Hopefully this helps. :)
On Sun, May 21, 2017 at 3:26 PM, doncram <donc...@gmail.com> wrote:
> I try to do what Pete needs, but get stuck where I need to create a Tax
> table.
>
>
I try to do what Pete needs, but get stuck where I need to create a Tax
table.
In my test company, I created an Income account for Consulting revenues and
a Liability account for Sales Tax Payable. If I received the $20 in cash I
would want to enter a transaction that would implement the
38 matches
Mail list logo
