Philosophical Question (GnuCash)

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Author: David Mandala
Date:  
Subject: Philosophical Question (GnuCash)
You might want to get a book on double entry bookkeeping. Any accountant
knows how to set it up and make entries. It is not intuitive without so
type of training. That said double entry bookkeeping is how most
businesses track their finances. Single entry is frowned up in
accounting circles.

Cheers,

Davidm

On Sat, 2003-02-01 at 11:45, Nathan England wrote:
>
>
> What I don't like about gnucash, and admittedly it's because I really don't
> know how to use it, but I realy wanted to use financial something! for my
> finances.
>
> Anyway, if I click on my income account, type in a description, then add $300
> to the income field, it gives me a window saying:
>
> "The current transaction is not balanced.
>
> [ ] Balance it manually
> [ ] Let GnuCash add an adjusting split
> [x] Adjust current account split total "
>
> If I select the "adjust current account split total" everything disappears. It
> still shows the transaction, but no money involved. If I select the "Let
> GnuCash add an adjusting split" the same thing happens. If I select Balance
> it manually, I get a whole bunch of negatives everywhere and nothing makes
> sense.
>
> I'm running version 1.6.8
> I also have 1.4 (not installed) and that one works grand, but I wanted all the
> new flashy things, and it's not working for me!! lol
>
> Am I doing something horribly wrong or what?
>
> nathan
>
> Am Freitag 31 Januar 2003 02:55 nachmittags/abends schrieb Carl Parrish:
> > On Fri, 2003-01-31 at 06:46, Vaughn Treude wrote:
> > > My two cents again:
> > > I'd also like to try GnuCash. I use QuickBooks right now, but the most
> > > annoying thing (other than the fact that it runs in Windows) is that they
> > > keep trying to wring extra money out of you. Every year there's a new
> > > set of tax tables, and they're not cheap. And they're always pushing new
> > > versions and changing the file formats. I got tired of paying for the
> > > new tax tables - since I'm my company's only employee, it was a small
> > > convenience. I finally just took the IRS Employers' Guide and used it to
> > > do a spreadsheet to calculate my withholding, then I'd enter all those
> > > figures in manually. I would've already converted to GnuCash, but the QB
> > > file formats are different than Quicken's, and the last time I checked,
> > > there were no converters for QB's files. If I can ever make the time,
> > > maybe I'll look into working on that myself.
> > >
> > > Vaughn Treude
> >
> > I'm using GNUCash I *love* it. If you're looking for a replacement for
> > quicken I'd say easy. If you're a quickbooks user....I'd say depends.
> > 1.8 should be released sometime next week. But gnucash is *hard* to
> > install. Its like all the nightmares people associate with installing on
> > Linux. For me it was worth learning how though. With the new Account
> > Payable / Account Receivable accounts. The invoice / bill druid and the
> > scheduled transactions. It has now become the only finance tool I need
> > (oh did I mention that you can connect it to gnuTimeTracker to auto
> > create Invoices?). Its great but its not an out of the box solution. I
> > *often* need to pull in support from CVS. For instance I *think*
> > Quickbooks can export in OFX format. And if you have the OFX library
> > installed Gnucash can read that but you have to compile support for it
> > in. So if you like playing with code, by all means get gnucash. If not
> > you may want to wait till your distro has the features you need.
>
> - --
> Nathan England
>
> Arcanum Linux !
> nathan at the-arcanum.org
> jabber id:
>
> "A free society is one where it is safe to be unpopular."
> - --Adlai Stevenson
>
>
> Registered Linux User #189789, Machine #106603
> www.sincerechoice.org
>
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--
David IS Mandala
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