This is as much an accounting question as a GnuCash one but how one
does this depends on the sofware's capabilities so it makes sense
to ask here.
Our church has two main accounts (as in places where money is kept), a
current account at a bank, and a 'building fund' kept in a building
society savi
Why would you have 2 separate instances of GnuCash rather than simply 2
Asset accounts?
On 12/07/2023 13:12, Chris Green wrote:
This is as much an accounting question as a GnuCash one but how one
does this depends on the sofware's capabilities so it makes sense
to ask here.
Our church has two
On 2023-07-12 05:19, Paul Feakins wrote:
> Why would you have 2 separate instances of GnuCash rather than simply 2
> Asset accounts?
What he said.
And I'll just add that when you have two independent sets of books,
sooner or later they're going to fall out of sync through human error,
and then yo
On 12/07/2023 15:44, Stan Brown wrote:
On 2023-07-12 05:19, Paul Feakins wrote:
Why would you have 2 separate instances of GnuCash rather than simply 2
Asset accounts?
What he said.
And I'll just add that when you have two independent sets of books,
sooner or later they're going to fall out of
On Wed, Jul 12, 2023 at 03:51:53PM +0100, Paul Feakins wrote:
> On 12/07/2023 15:44, Stan Brown wrote:
> > On 2023-07-12 05:19, Paul Feakins wrote:
> >> Why would you have 2 separate instances of GnuCash rather than simply 2
> >> Asset accounts?
> > What he said.
> >
> > And I'll just add that when
On 12/07/2023 16:35, Chris Green wrote:
On Wed, Jul 12, 2023 at 03:51:53PM +0100, Paul Feakins wrote:
On 12/07/2023 15:44, Stan Brown wrote:
On 2023-07-12 05:19, Paul Feakins wrote:
Why would you have 2 separate instances of GnuCash rather than simply 2
Asset accounts?
What he said.
And I'll
On Tue, 2023-07-11 at 16:05 -0700, Stan Brown wrote:
> >
> >
> > Stan Brown
> > Tehachapi, CA, USA
> > https://BrownMath.com
> >
> > On 2023-07-11 15:48, Default User wrote:
> > > > Is there a way to have Gnucash 4.13 (Debian GNU/Linux 12
> > > > Bookworm)
> > > > automatically calculate, and up
On Tue, 2023-07-11 at 16:05 -0700, Stan Brown wrote:
>
>
> Stan Brown
> Tehachapi, CA, USA
> https://BrownMath.com
>
> On 2023-07-11 15:48, Default User wrote:
> > Is there a way to have Gnucash 4.13 (Debian GNU/Linux 12 Bookworm)
> > automatically calculate, and update "Equity" in the main acco
On Wed, Jul 12, 2023 at 04:41:27PM +0100, Paul Feakins wrote:
> On 12/07/2023 16:35, Chris Green wrote:
> > On Wed, Jul 12, 2023 at 03:51:53PM +0100, Paul Feakins wrote:
> >> On 12/07/2023 15:44, Stan Brown wrote:
> >>> On 2023-07-12 05:19, Paul Feakins wrote:
> Why would you have 2 separate i
On 7/11/2023 6:48 PM, Default User wrote:
Hi!
Is there a way to have Gnucash 4.13 (Debian GNU/Linux 12 Bookworm)
automatically calculate, and update "Equity" in the main accounts tab,
to show the "real" value of total Equity, after any action (or at least
transaction) that would affect "real" eq
On Wed, Jul 12, 2023 at 02:25:33PM +0100, Paul Feakins wrote:
> On 12/07/2023 13:55, Chris Green wrote:
> > On Wed, Jul 12, 2023 at 01:19:41PM +0100, Paul Feakins wrote:
> >> Why would you have 2 separate instances of GnuCash rather than simply 2
> >> Asset accounts?
> >>
> > Why not? :-)
> >
> >
On 7/12/2023 8:12 AM, Chris Green wrote:
This is as much an accounting question as a GnuCash one but how one
does this depends on the sofware's capabilities so it makes sense
to ask here.
Our church has two main accounts (as in places where money is kept), a
current account at a bank, and a 'bui
On 7/12/2023 4:45 PM, Chris Green wrote:
On Wed, Jul 12, 2023 at 02:25:33PM +0100, Paul Feakins wrote:
On 12/07/2023 13:55, Chris Green wrote:
On Wed, Jul 12, 2023 at 01:19:41PM +0100, Paul Feakins wrote:
Why would you have 2 separate instances of GnuCash rather than simply 2
Asset accounts?
On Wed, Jul 12, 2023 at 04:56:23PM -0400, Michael or Penny Novack wrote:
> On 7/12/2023 8:12 AM, Chris Green wrote:
> > This is as much an accounting question as a GnuCash one but how one
> > does this depends on the sofware's capabilities so it makes sense
> > to ask here.
> >
> > Our church has t
On Wed, 2023-07-12 at 10:21 +1000, David Cousens wrote:
> The calculation of Equity is automatic and built into double entry
> accounting
> system. This is the purpose to a large extent of the two or more
> entries
> (referred to as splits in GnuCash documentation) associated with a
> single
> tran
Leaving aside the why you need 2 sets of books, I'll just focus on the how.
First you need to decide if the money in and money out really needs to be
classified as income and expenses in your first set if books (the main bank
account) or can more simply be treated fully as pass-through. If fully
p
Chris,
The normal transaction when you receive funds into an account set of books will
be an increase in an Income revenue account (credit) and a debit to a bank
(asset) account. When you withdraw the funds to transfer them to the other set
of books you have to reverse both these transaction (suit
The answer is unfortunately it is both. I think Michael has already explained
that Income and Expenses are actually temporary Equity accounts which are kept
separate so that the profit/loss and other parameters of interest in running a
business can be calculated over a shorter term either for manag
Hi everyone,
Due to filesystem errors, I had to reinstall MacOS on my 2015 Macbook
Air (current OS version: Monterey 12.6.7). After doing so, and restoring
my files from a TimeMachine backup using Migration Assistant, I started
getting this error when trying to open my accounting file:
"No s
On 2023-07-12 14:35, Default User wrote:
> Thank you for your reply. Especially the suggestion to "read up" on
> double-entry accounting. In that regard, I am reminded of the ancient
> Greek or Roman commentator who said (approximately):
>
> "Much study is a great weariness, and of writing books
On Wed, 2023-07-12 at 16:38 -0400, Michael or Penny Novack wrote:
> On 7/11/2023 6:48 PM, Default User wrote:
> > Hi!
> >
> > Is there a way to have Gnucash 4.13 (Debian GNU/Linux 12 Bookworm)
> > automatically calculate, and update "Equity" in the main accounts
> > tab,
> > to show the "real" val
On Thu, 2023-07-13 at 08:28 +1000, David Cousens wrote:
> The answer is unfortunately it is both. I think Michael has already
> explained
> that Income and Expenses are actually temporary Equity accounts which
> are kept
> separate so that the profit/loss and other parameters of interest in
> runni
On Wed, 2023-07-12 at 16:46 -0700, Stan Brown wrote:
> On 2023-07-12 14:35, Default User wrote:
> > Thank you for your reply. Especially the suggestion to "read up"
> > on
> > double-entry accounting. In that regard, I am reminded of the
> > ancient
> > Greek or Roman commentator who said (approx
I would make a couple of suggestions about the physical challenge of
keeping more than one set of GnuCash books on a given computer. Books can
be separated as you prefer, possibly either by accounting groups or by
date intervals.
1. GnuCash is designed with some configuration features linked to
> On Jul 12, 2023, at 16:16, Tomer Altman wrote:
>
> Hi everyone,
>
> Due to filesystem errors, I had to reinstall MacOS on my 2015 Macbook Air
> (current OS version: Monterey 12.6.7). After doing so, and restoring my files
> from a TimeMachine backup using Migration Assistant, I started ge
For those interested by this feature providing a more permissive match in
the transaction report to reduce the number of "split transaction", I have
implemented this feature in my custom "Transaction Report Extended" here
https://github.com/dawansv/gnucash-custom-reports
The option to enable the m
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