On 28/02/2018 23:24, Stefan Riha wrote:
I'm a beginner and I'd like to examine how sales and expenses change assets and liabilities (a.k.a ."summary journal entry", see e.g. Accounting workbook for dummies by J. Tracey, link to google books below).
cash sale or sale on account ? expense on account or cash purchase ?
I found that the cash flow report almost gets me there, but not quite. If I choose the income accounts I'm interested in, it lists the affected assets, but it doesn't show how much each income account is contributing individually (if I understand correctly, the sum of selected income accounts should then equal the difference between "Money In" and "Money Out".)
Not really.
Is there a way to get summary journals in gnucash?
Probably, but no one really does that these days.
If not, would it be easy to implement this in the existing cash flow reports?
I wouldn't bother.
Thanks for your help!
I sometimes disagree with AdrienM but he has actually given you a superb response. Read it.
The main problem is, I think, that you are trying to translate manual bookkeeping into computerised accounting and not understanding that if they translated directly one or the other would be redundant :)
In computerised double entry computing you just make sure the transaction is balanced, it is best if you get it right first time but you can always fix it later.
*then* you report income and expenditure, your balance sheet and whatever else may be required by management.
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