Re: [GNC] Using GnuCash with charity restricted and unrestricted funds, advice wanted

2024-05-27 Thread Edward Bainton
How about this: > You have to know that first, then ask, "How do I accomplish this using GnuCash?" Think of funds accounting as different colours of money. Every account and every category can include any colour of money. I need the gross figure for each account and category, the figure for

Re: [GNC] Using GnuCash with charity restricted and unrestricted funds, advice wanted

2024-05-26 Thread Edward Bainton
The issue UK charity funds accounting presents is that the funds represent a “third dimension” beyond Dr/Cr: every account, and every category, must be subdivided into as many restricted funds as the organisation has (strictly n + 1, since there is almost invariably an unrestricted fund, too). If

Re: [GNC] Using GnuCash with charity restricted and unrestricted funds, advice wanted

2024-05-26 Thread Edward Bainton
When I asked this question a couple of years ago there were quite a few suggestions. (Someone better versed in listserv could probably find this, but I can't.) The solution that seemed most straightforward and workable to me was: - Assign each discrete fund a currency code - assuming

Re: [GNC] I need basic help

2023-10-24 Thread Edward Bainton
If I can add my own beginner’s 2ç: One breakthrough came for me when I realised that the statement of financial position is basically a catalogue of what would happen if you were to die* right now. All that’s owed to you (debits) gets given to others (credits). Your net position is always

Re: [GNC] UK specific: MTD - Making Tax Digital

2021-01-29 Thread Edward Bainton
Well done! :-) Maybe HMRC can be persuaded that open source devs aren't responsible for misuse and be more lenient than with proprietary apps. On Fri, 29 Jan 2021, 16:13 Mark, wrote: > My application for HMRC VAT production credentials was approved, so > this project can (in theory) be used to

Re: [GNC] UK specific: MTD - Making Tax Digital

2021-01-17 Thread Edward Bainton
Of the 6, I have to confess that I read it too hastily and I don't have to do VAT, so the VAT bridge won't be of interest to me. But crikey, if you can't use GnuCash for MTD, it's not much use anymore, is it? On Sun, 17 Jan 2021 at 19:05, Stephen M. Butler < stephen.m.butle...@gmail.com> wrote:

Re: [GNC] {GNC} How secure is Gnu-Cash? Good enough for a credit union?

2020-12-29 Thread Edward Bainton
s for you. This is > entirely dependent on procedure and procedure discipline. > > Regards, > Adrien > > On 12/28/20 6:01 PM, Edward Bainton wrote: > > Can anyone give a view on whether Gnucash is suitable for a very small > > credit union? > > > > How wo

[GNC] {GNC} How secure is Gnu-Cash? Good enough for a credit union?

2020-12-28 Thread Edward Bainton
Can anyone give a view on whether Gnucash is suitable for a very small credit union? How would easily can fraud be detected? If not easily, could it be paired with, say, some kind of blockchain backup system so as to make fraud detectable? Thanks, Edward

Re: [GNC] How to treat accommodation security deposit

2020-11-22 Thread Edward Bainton
If no need for anything official, this is probably moot, but I would guess it depends on your jurisdiction. In the UK I understand the security deposit to be a contingent asset: it's not your property, although it's in your possession and you may become entitled to it at some future date. (This

Re: [GNC] Managing UK Gift-Aid

2020-10-31 Thread Edward Bainton
I'm also a charity treasurer in the UK (tho I think officially I'm called the secretary...). I'm on this list because I'd love to be able to use GC for the charity finances, but the Gift Aid thing is a significant hurdle to clear. First, the church collections: it sounds as if you could possibly

Re: [GNC] Managing UK Gift-Aid

2020-10-31 Thread Edward Bainton
Yes, almost any donation to any charity (or community amateur sports club) is eligible, and it would be unheard of for a church not to qualify as a charity. (Perhaps not so unheard of for them not to register as such with the tax authorities, as it's a lot of faff - as this thread makes clear.)

Re: [GNC] Managing UK Gift-Aid

2020-10-31 Thread Edward Bainton
s describing your dinners spreadsheet are useful, and the itemised GA claim is, I suppose, the obvious way to go - thank you. Edward On Thu, 29 Oct 2020 at 16:46, Michael Hendry wrote: > > On 29 Oct 2020, at 14:29, Edward Bainton wrote: > > > > I'm also a charity treasurer in

Re: [GNC] BotanyBayGardens nonprofit example, and why GnuCash does not suffice

2020-08-03 Thread Edward Bainton
At my local mosque they do it this way: Buckets are carried passed the waiting rows of worshippers and various notes and coins dropped in. Buckets then go to the front of the mosque during the prayers. After prayers the buckets are tipped up on the carpet near the exit and 5-6 people count the

Re: [GNC] BotanyBayGardens nonprofit example, and why GnuCash does not suffice

2020-07-26 Thread Edward Bainton
> Incidentally, the textbook also says that checks should ideally require two signatures. I don't know how to impose that control over electronic transfers I'm a trustee of a tiny charity in the UK, and our treasurer's account with Lloyds Bank allows for this. X sets up the transfer, then Y logs

[GNC] Manuals for GnuCash

2020-04-15 Thread Edward Bainton
Hello I'm planning to start using Gnucash in my small business. There appears to be one published beginners manual , by Ashok Ramachandran. It relates to GnuCash 2.4,

Re: [GNC] Using GnuCash for cash-basis charity/fund accounting?

2020-03-22 Thread Edward Bainton
oks, etc. You > just need to set the report date(s) correctly. > 3) No math errors, transcription errors, etc. Gnucash will tell you if > OOB. But it can't prevent you from specifying the wrong account(s), > can't read your mind. > > Michael D Novack > > PS -- I will help

[GNC] Using GnuCash for cash-basis charity/fund accounting?

2020-03-21 Thread Edward Bainton
Hi all I'm de facto treasurer of a tiny UK charity (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