> On 3 Aug 2019, at 01:28, David Cousens wrote:
>
> Michael
>
> 4 sets of books is possibly overkill and likely confusing. At worst you
> would need two, one for the club operations and one for charity.
I agree, and have set up the two sets you describe.
I have created an "Income:Intended
Perhaps you could look at this
https://www.accountingtools.com/articles/accounting-for-pledges.html
regards
DrTom
On 8/2/2019 12:21 PM, Adrien Monteleone wrote:
Yes, I understand they are different. The Business Features *could* still be
used, just not considered in a formal way.
But
Michael
4 sets of books is possibly overkill and likely confusing. At worst you
would need two, one for the club operations and one for charity. Depending
on the legislation of charities/non-profits in your jurisdiction if the
charity is an operation of the club you may be able to get away with
Thanks for the clarification and explanation. Posts like this are an excellent
example of how useful this list is.
Regards,
Adrien
> On Aug 2, 2019, at 2:18 PM, Mike or Penny Novack
> wrote:
>
> On 8/2/2019 1:21 PM, Adrien Monteleone wrote:
>> Yes, I understand they are different. The
On 8/2/2019 1:21 PM, Adrien Monteleone wrote:
Yes, I understand they are different. The Business Features *could* still be
used, just not considered in a formal way.
But certainly, manual entries are possible.
The tough part of pledges is they really don’t go anywhere in the account tree
Yes, I understand they are different. The Business Features *could* still be
used, just not considered in a formal way.
But certainly, manual entries are possible.
The tough part of pledges is they really don’t go anywhere in the account tree
that I can see.
They are not assets, not AR from a
I’m not quite following the need to keep the members in a separate book,
especially in the Club case. But since you are already doing this in
spreadsheets, maybe just keep the member stuff there (with better inter-sheet
links if needed) and export data relevant to the GC books. That would keep
Don’t forget to copy the list, this came in only to me.
> On Aug 2, 2019, at 3:48 AM, Michael Hendry wrote:
>
>>
>> You can easily duplicate invoices to reduce typing. You can also do some
>> quick duplication in a spreadsheet, then import this data as ‘invoices’ into
>> GnuCash, reducing
> On 2 Aug 2019, at 13:09, Mike or Penny Novack
> wrote:
>
> On 8/2/2019 3:34 AM, Adrien Monteleone wrote:
>> I’m not sure about keeping track of member donations in an Asset account.
>>
> There are difficult issues doing financials for non-profits which can require
> some fiddling using
On 8/2/2019 3:34 AM, Adrien Monteleone wrote:
I’m not sure about keeping track of member donations in an Asset account.
There are difficult issues doing financials for non-profits which can
require some fiddling using gnucash (or any alternative).
For example -- the members may want to
I’m not sure about keeping track of member donations in an Asset account.
Sure, the donation is an asset of the club. That would go to Cash or Checking,
etc.
But the other side of that should be some sort of Income account I would think.
With the Business Features you could set up each member
I have just become Treasurer for my Rotary Club, and my predecessor used
spreadsheets to record the club’s finances.
Everyone is required to pay an annual subscription, but there are a number of
ways in which members may opt in to regular or occasional charitable payments
(e.g. an annual
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