[GNC] Writing off Stock - More an Accounting Question than a GnuCash one
Hi List, This is more a general accounting question than specifically a GnuCash one, but thought there might be better help on the list for it. Background: I use GnuCash for business use, and track the purchase of inventory. This goes into an Inventory Account When sold, the sale gets recorded against the Income Sales, and the cost of the goods gets recorded in COG's. Issue: I have some stock that is either obsolete, or otherwise no longer fit for sale. Just wondering what is the "correct" way to write this stock off. (In case it matters, I am located in Australia). My thoughts were: - Have an Account called Write-offs to record the transfer of the dollar amount from Inventory to Write-Offs. - Also, record the cost of goods in the COG's account, just like it was sold. This is the main bit I am unsure of. Any other suggestions, or am I looking at this completely wrong? Regards, Jeff, ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
Re: [GNC] Finance::Quote 1.56_03 Available for Evaluation
Oooops! Make that 1.56_04. I forgot to merge one pull request. https://www.cpan.org/modules/by-authors/id/B/BP/BPSCHUCK/Finance-Quote-1.56_04.tar.gz It can be installed via cpan/cpanm as 'BPSCHUCK/Finance-Quote-1.56_04.tar.gz'. Bruce S. ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
Re: [GNC] Maintain two accounts in same machine
On Sat, 24 Jun 2023 20:22:28 -0400 Michael or Penny Novack wrote: > On 6/24/2023 8:43 AM, N Srinivasan via gnucash-user wrote: > > Hi, > > Is there is a way to maintain two accounts and _reports_ in same > > machine. > > Thanks, > > > > N.Srinivasan > > a) Yes, of course. But this should be obvious from the simple fact > that almost any OS now in use supports multiple sequential users. In > other words, multiple people could have logins with their own data > areas. > > b) But I suspect you mean can one user have multiple sets of books. > The answer is again yes. On installation of gnucash (one PROGRAM) can > be used for multiple sets of books (DATA). However I strongly suggest > you put them int different directories (file folders) and not just > give them different names. For example, the books for organization A > within the directory where all that organization's stuff is kept, for > organization B within the directory where that organization's stuff > is kept, etc. << that example because I have been treasurer of more > than one org at the same time. > > > Michael D Novack > However, all the customised 'reports' are saved in one place if a single user. Giving each customised report a clear name will help here. Liz ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
Re: [GNC] Maintain two accounts in same machine
On 6/24/2023 8:43 AM, N Srinivasan via gnucash-user wrote: Hi, Is there is a way to maintain two accounts and _reports_ in same machine. Thanks, N.Srinivasan a) Yes, of course. But this should be obvious from the simple fact that almost any OS now in use supports multiple sequential users. In other words, multiple people could have logins with their own data areas. b) But I suspect you mean can one user have multiple sets of books. The answer is again yes. On installation of gnucash (one PROGRAM) can be used for multiple sets of books (DATA). However I strongly suggest you put them int different directories (file folders) and not just give them different names. For example, the books for organization A within the directory where all that organization's stuff is kept, for organization B within the directory where that organization's stuff is kept, etc. << that example because I have been treasurer of more than one org at the same time. Michael D Novack ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
Re: [GNC] Reversing a finished credit card reconciliation
Gregory, If you've corrected your txn you don't need to reverse anything, you can run a reconciliation as many times as you want, ignore the starting balance, it's the closing balance that matters and what you are reconciling to. Cheers David H. On Sun, 25 Jun 2023 at 09:03, Gregory Donavon wrote: > I hope you can help me unwind an error I made after not following one of > the steps in a busybee post video on youtube: I transposed a couple of > numbers on one transaction, this resulted in there being a difference of a > few dollars. Rather than hitting "postpone," I hit "finished" with the plan > of coming back later to figure out the location of the error. When I > changed the transposed entry to the correct amount, that didn't correct the > problem because when I went back in to reconcile , the starting balance was > wrong and I could not change it or bring up the original reconciliation > page. Is there anything I can do - this is my first month using gnucash. > Any suggestions you have for reversing the transactions would be > appreciated. > > Thanks for your help, > Gregory Donavon > ___ > gnucash-user mailing list > gnucash-user@gnucash.org > 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. > ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
[GNC] Maintain two accounts in same machine
Hi, Is there is a way to maintain two accounts and _reports_ in same machine. Thanks, N.Srinivasan ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
[GNC] Standard Report - Equity Statement
Hello I use V5.1 & Win11 My Standard Report - 'Equity Statement' does not show any amount for 'Investments for Period'. I am sure that I have made investments and recorded them in the respective Asset account (Stock). Gnucash HELP is not really helpful for 10.3.5.2. Equity Statement. Any idea what to do to see 'Investments for Period' in Standard Report - 'Equity Statement' Regards Ismael ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
[GNC] Reversing a finished credit card reconciliation
I hope you can help me unwind an error I made after not following one of the steps in a busybee post video on youtube: I transposed a couple of numbers on one transaction, this resulted in there being a difference of a few dollars. Rather than hitting "postpone," I hit "finished" with the plan of coming back later to figure out the location of the error. When I changed the transposed entry to the correct amount, that didn't correct the problem because when I went back in to reconcile , the starting balance was wrong and I could not change it or bring up the original reconciliation page. Is there anything I can do - this is my first month using gnucash. Any suggestions you have for reversing the transactions would be appreciated. Thanks for your help, Gregory Donavon ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
[GNC] Finance::Quote 1.56_03 Available for Evaluation
-BEGIN PGP SIGNED MESSAGE- Hash: SHA1 Greetings all, Non-production release 1.56_03 is available for evaluation/testing. https://www.cpan.org/modules/by-authors/id/B/BP/BPSCHUCK/Finance-Quote-1.56_03.tar.gz It can be installed via cpan/cpanm as 'BPSCHUCK/Finance-Quote-1.56_03.tar.gz'. I changed the date calculation in yahooweb to use Date::Manip instead of Date::Business, and return the correct exchange in yahoo_json. There has been quite a few changes in the recent weeks, I will likely push F::Q v1.57 to CPAN next weekend. Thank you to everyone who gave the recent non-production releases a test. Bruce S. -BEGIN PGP SIGNATURE- iHkEARECADkWIQRzL0H5rBaeDPnpeL1IjAeprJFQBwUCZJdj8hscYnNjaHVja0Bh c2dhcmQtc3lzdGVtcy5jb20ACgkQSIwHqayRUAcPyQCgjEQVxrsUE/mJgLPKM1dy hy5Rld8AoN551GOqlE1TBjYpDC3tmxz9jKGh =5/IC -END PGP SIGNATURE- ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
