Chris:
On 2023-07-23 05:55, Chris Green wrote:
You should record the cash income from the various collections etc to the
Assets:Current Assets:Cash via the appropriate Income: account as you receive
it (or as you count up the cash in the bags), preferably with the date
on which the collection
> On 23 Jul 2023, at 12:02, Fred Bone wrote:
>
> But aren't you supposed to record each collection separately for GASDS
> purposes? What happens if the two weeks are in different tax years?
Ah, I hadn’t thought about that aspect, but Chris had mentioned earlier that as
his church is not a
What sort of account would the 'intermediate' account be? It's not an
'income' because money from it doesn't go straight to the bank
account. I guess it could be called an Asset. In fact I suppose an
Asset account called 'Cash in Hand' would make some sense.
The reality is that I only count
On 2023-07-23 02:03, Chris Green wrote:
> If I add an Assets:Current Assets:Cash to record the various amounts
> from collections, offertory box, etc. before they are deposited how do
> they then get recorded as Income when the cash is moved from Assets:
> Current Assets:Cash to Assets:Current
On Sun, Jul 23, 2023 at 11:05:24AM +0100, Michael Hendry wrote:
> On 23 Jul 2023, at 10:03, Chris Green wrote:
>
> >
> >>
>
> > Petty Cash is also used in the UK for this.
>
> …but is primarily a mechanism used for staff to make small purchases of
> office sundries where setting up an
On Sun, Jul 23, 2023 at 12:02:25PM +0100, Fred Bone wrote:
> On 23 July 2023 at 9:34, Chris Green said:
>
> [...]
> > I simply want to be able to able to have (conceptually) a multi-line
> > entry in the income sub-account called 'Collections at services' which
> > records two (or maybe more)
On 23 July 2023 at 9:34, Chris Green said:
[...]
> I simply want to be able to able to have (conceptually) a multi-line
> entry in the income sub-account called 'Collections at services' which
> records two (or maybe more) amounts of cash paid in at one time.
But aren't you supposed to record
On 23 Jul 2023, at 10:03, Chris Green wrote:
>
>>
> Petty Cash is also used in the UK for this.
…but is primarily a mechanism used for staff to make small purchases of office
sundries where setting up an account with the vendor is unnecessary and it’s
not appropriate for the member of
Chris
It may be useful to have two income sub-accounts one for the collections and one
for the Offertory box. The entry would then
be
Asset :Bank debit x+y
Income:Offertory credit x
Income:Collectionscredit y
If you needed to record the undeposited funds when
On Sat, Jul 22, 2023 at 06:03:33PM -0700, Stan Brown wrote:
>
>
>
> On 2023-07-22 13:45, Michael Hendry wrote:
> > Record the collections individually as Assets:Current Assets:Cash received
> from the appropriate Income: account, one on the 22nd July, the second
> on the 29th.
>
> With this
On Sun, Jul 23, 2023 at 10:12:05AM +1000, Liz wrote:
> On Sat, 22 Jul 2023 17:56:09 +0100
> Chris Green wrote:
>
> > But what if one has cash from two collections to go to the same
> > account. I.e. a collection on 22nd July and a collection on 29th
> > July both paid in at the same time?
>
>
On Sat, Jul 22, 2023 at 05:50:47PM -0400, Michael or Penny Novack wrote:
>
> > But what if one has cash from two collections to go to the same account.
> > I.e. a collection on 22nd July and a collection on 29th July both
> > paid in at the same time?
> >
> First of all, you are perhaps
On 2023-07-22 13:45, Michael Hendry wrote:
> Record the collections individually as Assets:Current Assets:Cash received
> from the appropriate Income: account, one on the 22nd July, the second on the
> 29th.
With this I think we all agree. I do, certainly.
> When you come to deposit the
On Sat, 22 Jul 2023 17:56:09 +0100
Chris Green wrote:
> But what if one has cash from two collections to go to the same
> account. I.e. a collection on 22nd July and a collection on 29th
> July both paid in at the same time?
One way of doing this is with an intermediate account. You take the
But what if one has cash from two collections to go to the same account.
I.e. a collection on 22nd July and a collection on 29th July both
paid in at the same time?
First of all, you are perhaps confusing when money/cash/check received
with when deposited.
Let's say the following events:
On 22 Jul 2023, at 17:58, c...@isbd.net wrote:
>>
> But what if one has cash from two collections to go to the same account.
> I.e. a collection on 22nd July and a collection on 29th July both
> paid in at the same time?
>
Record the collections individually as Assets:Current Assets:Cash
On Fri, Jul 21, 2023 at 10:17:12AM +0100, Michael Hendry wrote:
> Hello again Chris.
>
Hi! :-)
> >
> > I quite often seem to have cases where several 'items' (see below for
> > the type of thing I mean) are paid for with a single payment to/from a
> > bank account. What is a good way to record
On Fri, Jul 21, 2023 at 10:17:12AM +0100, Michael Hendry wrote:
> Hello again Chris.
>
Hi! :-)
> Comments inserted below:
>
> On 21 Jul 2023, at 09:09, Chris Green wrote:
>
> >
> > I quite often seem to have cases where several 'items' (see below for
> > the type of thing I mean) are paid
I'm just going to speak to this part of the matter.
a) The way you enter a transaction via "split" is the original way all
transactions were entered. First into the "journal" and then posted to
the "ledger". When you are entering a "split" you are in journal mode
though with gnucash the
You better use splits for such cases. There is nothing wrong even when a
few splits that goes to the same account: e.g. when you want for some
reason (for convenience) keep an items of the same bill separately in
your expenses account. Otherwise, when you would try to reconcile with,
say, bank
Hello again Chris.
Comments inserted below:
On 21 Jul 2023, at 09:09, Chris Green wrote:
>
> I quite often seem to have cases where several 'items' (see below for
> the type of thing I mean) are paid for with a single payment to/from a
> bank account. What is a good way to record this sort
I quite often seem to have cases where several 'items' (see below for
the type of thing I mean) are paid for with a single payment to/from a
bank account. What is a good way to record this sort of thing?
Examples:-
I pay in money (cash) from collections and other donations. These
need to be
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