Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-04-03 Thread arthur brogard via gnucash-user
I am just  making this late post only to say thanks for all the input and inform that my silence indicates my brow furrowed attempts at understanding and implementing. I hope no one thinks I am rudely and ungratefully ignoring their help.  :) On Saturday, 5 March 2022, 06:51:20 pm ACDT,

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-07 Thread flywire
https://wiki.gnucash.org/wiki/FAQ#Q:_How_can_I_print_a_Rental_Statement_for_my_Tenant.3F A start. > ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe:

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-07 Thread Adrien Monteleone
On 3/7/22 5:06 AM, flywire wrote: An invoice must be prepared for every rent due transaction and the payment processed. The 'preparing' is only the first time. After that, you just hit 'Duplicate' and enter the new posting date. 'Processing Payment' is how you apply a specific payment to a

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-07 Thread flywire
Arthur, Your original message was clarified to be about automatically posting weekly rent so a rental statement can be produced with the balance of the account at that date. This is a very simple schedule of regular dates and amounts but GnuCash can't do it without manual workarounds.

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-05 Thread Adrien Monteleone
And on that note, I highly stress to anyone getting started (or even old hands) to not try to artificially combine receipts for convenience. You could if you wanted to, but I guarantee, you'll want to 'refactor' some of those line items one day, or wish you could. Just enter receipts as

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-05 Thread Adrien Monteleone
On 3/5/22 2:20 AM, flywire wrote: My concern is A/R is a lot of work just to get tenant statements if it's not used elsewhere. It is similar to the issue raised last month regarding tracking vehicles except for the regular rent due:

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-05 Thread Liz
On Fri, 4 Mar 2022 19:26:04 -0500 Glenn Fowler wrote: > Hi, > > I use GnuCash for rental properties as well. Setup your accounts under > expenses for repairs, insurance, utilities, etc. In my case, I setup a > recurring transaction for rental income. Then, you only need to make > changes as

[GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-05 Thread flywire
Excellent question Arthur. This isn't a budget issue and you have no idea if tenants are in front or behind unless you compare it to payments due. Adrien seems to have presented the GnuCash features the best using a scheduled A/R. I've used a different approach with quickbooks for this purpose

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-04 Thread Adrien Monteleone
Arthur, Yes. You can do this, but you'll need to decide based on your situation the best workflow. What you are describing is Accounts Receivable (AR). The Rent is due at a certain date and thus owing to you. Ideally, you want to 'book' the rent payment as due in the AR account as of that

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-04 Thread Glenn Fowler
Hi, I use GnuCash for rental properties as well. Setup your accounts under expenses for repairs, insurance, utilities, etc. In my case, I setup a recurring transaction for rental income. Then, you only need to make changes as needed instead of doing it manually every month. On Fri, Mar 4, 2022

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-04 Thread arthur brogard via gnucash-user
No. Sorry. Didn't put the question right.  I mean automatic post to the account showing what's owing so that I can see (and print out) at any time (on week by week steps) the balance of the account at that date. Because in fact they're frequently in the red. And frequently in front, ironically,

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-04 Thread Michael or Penny Novack
On 3/4/2022 4:46 PM, arthur brogard via gnucash-user wrote: We intend to start using gnucash to keep an account of our rental property. This is our first for everything: having a rental, keeping accounts, using gnucash. We can open an account for the property and enter all amounts received as

Re: [GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-04 Thread Derek Atkins
Hi, On Fri, March 4, 2022 4:46 pm, arthur brogard via gnucash-user wrote: > > We intend to start using gnucash to keep an account of our rental > property. > This is our first for everything: having a rental, keeping accounts, using > gnucash. > We can open an account for the property and enter

[GNC] Keeping tenant accounts on Gnucash - periodic 'rent owing' ?

2022-03-04 Thread arthur brogard via gnucash-user
We intend to start using gnucash to keep an account of our rental property. This is our first for everything: having a rental, keeping accounts, using gnucash. We can open an account for the property and enter all amounts received as we get them. We can open another for other expenses such as