I have 25 years experience in Accounting, however never set up a chart
of accounts.
I just started working for my daughter, who has done everything in excel.
I have put all the gl accounts in GnuCash, but they all went in as
parent accounts, I new term to me.
My question is, shouldn't these be child accounts? Also, do I set up a
single of each Equity, Liability and Asset accounts as parent accounts
with the beginning balances, and transfer to the child accounts from there?
Thank you,
--
Teresa Slack
Senior Client Manager
*_Coba Enterprise Management, LLC_*
3620 Pelham Road, PMB 107
Greenville, SC 29615
Office: 864.343.8017 x 5
Cell: 864.525.3633
ter...@coba-em.com <mailto:ter...@coba-em.com>
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