On Wed, Aug 26, 2020 at 12:51:47PM -0400, Michael or Penny Novack wrote: > On 8/26/2020 7:16 AM, Michael Hendry wrote: > > > > I used to run my own small Ltd. company so basic accounting methods, > > > VAT, etc. are not beyond me either. > > > > > > What I want is more on the 'how to run a small PCC accounts with GnuCash' > > > sort of thing. There are some quirks to PCC accounts (I think!):- > > > > > > How does one deal with 'unrestricted' and 'restricted' accounts? > > > Can one set up 'types' of accounts in GnuCash? > > > > > > Is GnuCash overkill for this? Total cash assets are only a few > > > thousand pounds and annual turnover is probably down in the > > > hundreds now. > > > > > > Is there anyone else using GnuCash for this? > > > > A number of us use gnucash to keep the books for non-profits. using gnucash > There have been numerous discussions on the topic of accounting for > restricted funds. > > ESPECIALLY when the person asking says familiar with regular bookkeeping I > will begin by asking in return "if you know how you would be doing this > (accounting for restricted funds that are kept in the common bank account) > the old fashioned way, pen and ink on paper, what is the problem you see > doing that with gnucash?" And if you don;t know any of the various options > for accounting for restricted funds, grants, etc. isn't THAT the problem as > opposed to "doing it using gnucash"? > Well, yes, but the existing paper system is hardly transparent! :-)
I'm really only trying to work things out from what has to be on the annual return to the CofE. The restricted and unrestricted funds are at least basically separated by being in separate accounts. -- Chris Green _______________________________________________ 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.
