Clint The best starting point is a basic financial accounting text book (with an edition published in the US for the GAAP although the real differences between GAAP and the IFRS standards are actually fairly minimal). The Basics section in the GnuCash Tutorial and Concepts Guide (https://gnucash-docs-rst.readthedocs.io/en/latest/) also has a summary introduction.
Any chart of accounts should have at the top level the parent accounts: Assets Liabilities Equity Income Expenses with subaccounts as required for specific purposes and when setting up the chart of account in GnuCash, the account type ( a property of the account will be generally set to the same type as the parent top level account. Gnucash also uses a number of specialised account types (https://www.gnucash.org/docs/v5//C/gnucash-manual/acct-types.html) which are sub types of those main account types ( Bank,Cash, Credit Card,Stock , Mutual Fund, Accounts Receivable, Accounts Payable) of the main account types to implement specific features in GnuCash.https://www.gnucash.org/docs/v5//C/gnucash-manual/acct-types.htmlhttps://www.gnucash.org/docs/v5//C/gnucash-manual/acct-types.html On Sun, 2026-05-03 at 19:32 -0700, Clint Chaplin wrote: > I'm fairly new to double-entry bookkeeping, but I think I understand > the > general principle, but when it comes to setting up a chart > ofhttps://www.gnucash.org/docs/v5//C/gnucash-manual/acct-types.htmlhttps://www.gnucash.org/docs/v5//C/gnucash-manual/acct-types.html > accounts, it > feels like there are so many ways to set up the tree structure, > starting > with what is at the higher levels vs. lower levels, and most trees > are > workable. I realize this email list is about GnuChash, which will be > used > to instantiate whatever chart I develop, and so is not the correct > place to > be asking my questions. > > Does anybody have a pointer to a place where I can ask questions > about > account charts and structures, and get some real world perspectives > on what > worked and what didn't? And what may be GAAP and what isn't? > -- David Cousens _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
