Re: [GNC] Questions on how best to setup a non-profit account in gnucash

2019-08-08 Thread Nelson Handcock
Hi, I use Gnucash to manage the accounts of a not-for-profit association based in Australia. At the end of the day, it's treated like any other business, but may be exempt from certain taxes. You'd first need to familiarise yourself with the requirements for a not-for-profit association and

Re: [GNC] Questions on how best to setup a non-profit account in gnucash

2019-08-08 Thread Mike or Penny Novack
On 8/8/2019 12:24 PM, Larry Wagner wrote: I would like some comments about how one would set up gnucash for a non-profit. Here are some of the specifics: What kind of non-profit are you? What do you have to file with what jurisdictions? << There are non-profits that do not pay taxes, but

Re: [GNC] Questions on how best to setup a non-profit account in gnucash

2019-08-08 Thread David Cousens
Larry, As Adrien noted we connot offer accounting advice per se. However we can give you some guidance in setting up GnuCashand using its features. Generally you will need to create an income sub account for each source of income you wish to be able to track, in the example you gave, for each of

Re: [GNC] Questions on how best to setup a non-profit account in gnucash

2019-08-08 Thread Adrien Monteleone
I’ll also add the following advice: 1. Don’t fret about getting your accounts perfect the first time. You’ll find yourself moving things around and creating more detail with more accounts during your first 6-12 months of using GnuCash as you figure out how things work and you start having to

Re: [GNC] Questions on how best to setup a non-profit account in gnucash

2019-08-08 Thread Adrien Monteleone
Larry, We can’t offer accounting advice here. You’d need to speak to a local CPA who is familiar with your jurisdiction and optimally one familiar with non-profits to help you set up your account tree. Beyond that, we can help with how to accomplish the various things you want with respect to

[GNC] Questions on how best to setup a non-profit account in gnucash

2019-08-08 Thread Larry Wagner
I would like some comments about how one would set up gnucash for a non-profit. Here are some of the specifics: We hold 3 different types (categories) of dances: 1) F dances - those sponsored by our club (~15 dances per year) 2) DF dances - those we share sponsorship with another club (~5