Oli, David answered everything else so on this point below I’ll suggest this question:
Are these one-off projects part of or incidental to your letting business? If so, then simply create invoices for them as customers as normal. If not and this side-work is unrelated, then you need to ask yourself another question: Is the Letting Agency a legal passthrough, or a separate legal entity? Here is where you really need to speak to a local business attorney *and* CPA. If the Letting Agency is a separate legal entity from you and files separate tax returns, then you probably need to also have a personal GnuCash file. These one-off side jobs would be recorded there. Having separate books might very well be a legal requirement. If on the other hand, you file a single personal return and there is no separate legal entity, then everything is ‘your activity’ and you *can* put it all in the same file or ‘book’. I emphasized ‘can’ because in this case, it would be your choice. You can still keep separate books if you like. Regards, Adrien > On Feb 22, 2019, at 7:07 AM, zcacogp <gnuc...@deep-green.co.uk> wrote: > > > - Occasionally I do one-off projects for people who are not landlords. This > leads to a regular invoice being raised and the client paying me the amount > owed. This is different from the 'usual' situation as there is no rent to > consider, just an invoice being raised and then being paid. > > > Oli. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
