Re: [GNC] Request for Assistance with GnuCash Setup and Fundamentals

On 2023-02-02 12:42, Joel via gnucash-user wrote: > Dear Support Team, > I hope this post finds you well. We are posting to request your assistance > with setting up GnuCash for our new business and understanding its > fundamentals. I have already watched all the Busy Bee training videos on >

Re: [GNC] Request for Assistance with GnuCash Setup and Fundamentals

On 2/2/2023 3:42 PM, Joel via gnucash-user wrote: Dear Support Team, I hope this post finds you well. We are posting to request your assistance with setting up GnuCash for our new business and understanding its fundamentals. I have already watched all the Busy Bee training videos on YouTube,

[GNC] Request for Assistance with GnuCash Setup and Fundamentals

Dear Support Team, I hope this post finds you well. We are posting to request your assistance with setting up GnuCash for our new business and understanding its fundamentals. I have already watched all the Busy Bee training videos on YouTube, which were incredibly helpful, but I still have

Re: GNUcash setup

On Sun, 18 Mar 2018 12:53:40 -0700 (MST) kbrown wrote: > Further: > After reviewing the info and links, it seems it may be possible to > have two or more different root trees in one file to accomplish what > I want, however that appears to be non standard or supported and may >

Re: GNUcash setup

On 3/18/2018 4:27 PM, Ronal B Morse wrote: Have you looked at using the log files to duplicate transactions from one session into another? I don't think that would fit the case here, as in the general case, the transactions would NOT be duplicates. Take a look at the example Ken gives.

Re: GNUcash setup

Have you looked at using the log files to duplicate transactions from one session into another? Each gnucash session produces a log of the transactions for that session (those are the files with the extension .log that you see clogging up your data directory. The name of the log file contains

Re: GNUcash setup

Further: After reviewing the info and links, it seems it may be possible to have two or more different root trees in one file to accomplish what I want, however that appears to be non standard or supported and may not work in the future. So I've decided to track each of my entities in a separate

Re: GNUcash setup

Everyone, thanks a lot for the responses, I'm leaning towards keeping everything in one book. Your tips help a lot. This recent message may be of interest as well: - Reporting based on search criteria and exprting transactions to excel. It's simple!

Re: GNUcash setup

On 3/2/2018 8:01 PM, Adrien Monteleone wrote: Thanks Dave, Of course can do this. But let me put on my "business analyst" hat for a moment and ask a question. If you were set up this way and you accidentally entered a transaction with one account in the tree of one entity and the other

Re: GNUcash setup

Adrien, This thread https://lists.gnucash.org/pipermail/gnucash-user/2016-September/066879.html talks about a similar topic. I have posted some "experimental hacks" on it to have a book with multiple root accounts. But far from guaranteed to work properly in gnucash. Sébastien On Mar 3, 2018

Re: GNUcash setup

Thanks Dave, To clarify, what I was suggesting was this: Assets Assets:Personal Assets:Entity1 Assets:Entity2 with appropriate sub-accounts under each. In line with this you’d also have: Expenses Expenses:Personal Expenses:Entity1 Expenses:Entity2 with appropriate sub-accounts under each,

Re: GNUcash setup

Ken, Adrien Just a quick note re "separate account trees for each business". I have experimnted to try to do this within the one set of books (i.e. file) in Gnucash and have never found a way of doing it. My problem has always been creating an entity level top account as there is no top level

Re: GNUcash setup

Ken, Welcome to Gnucash! If you’re going to file only one return for yourself and not for each business separately, it is likely best to keep everything in one file. Others may recommend other setups, but for me, each separate entity gets its own book. If the entities aren’t really separate