GnuCash for Android
Michael Havens
bmike1 at gmail.com
Tue Aug 21 14:45:17 MST 2012
thanks for the clarification... I thought you meant LinuxMint!
:-)~MIKE~(-:
On Tue, Aug 21, 2012 at 2:41 PM, Adam McCullough <ajmccul1 at asu.edu> wrote:
> For clarification -
>
> mint.com
>
> https://play.google.com/store/apps/details?id=com.mint&hl=en
>
> Not Mint Linux. ;)
>
> Adam
>
>
> On 21 August 2012 14:39, Adam McCullough <ajmccul1 at asu.edu> wrote:
>
>> I just use mint. It does most of what I want, and the integration with my
>> bank records is a snap to set up.
>>
>> Adam
>>
>>
>> On 21 August 2012 11:49, Matt Graham <Matthew.H.Graham at asu.edu> wrote:
>>
>>> From: Michael Butash <michael at butash.net>
>>> > I've attempted probably no less than 4 times over the past 5 years or
>>> > so to get [GNUcash] working in efforts to track finances more
>>> effectively,
>>> > but never once got the hbci stuff working with my bank(s) to do so.
>>> That
>>> > bit was quite cryptic and frustrating
>>>
>>> I haven't tried that, since I usually have fewer than 5 bank
>>> transactions per
>>> day, so entering these by hand is easy/fast. Getting Finance::Quote
>>> installed
>>> and set up for tracking stock/mutual funds was relatively easy once I'd
>>> read
>>> the fine manual.
>>>
>>> > That and the accounting knowledge required to use it effectively simply
>>> > eludes me as much seemed to assume I actually understood accounting.
>>>
>>> Take a look at the basic help,
>>> http://gnucash.org/docs/v2.4/C/gnucash-help/help.html , and see if
>>> anything
>>> in
>>> the advanced help ,
>>> http://gnucash.org/docs/v2.4/C/gnucash-guide/index.html
>>> is
>>> interesting.
>>>
>>> The thing to do when setting up GNUcash is to start out your checking
>>> account
>>> opening balance with the opening balance on the first of (month), then
>>> just
>>> enter all the income/expenses from then til today that are on your bank
>>> statement. Start your cash in wallet opening balance with the bills in
>>> your
>>> wallet. *DON'T* try to enter everything you have records of, just pick a
>>> start date.[0] Then spend 5 minutes every day recording what you spent
>>> that
>>> day and what you spent it on.
>>>
>>> The real power of GNUcash is that it forces you to categorize every
>>> transaction. $4.65 double venti marshmellow fluff mocachino every day?
>>> That
>>> accumulates in Expenses:Dining and then you say, "What in the name of
>>> Richard
>>> Stallman did I spend so much money on in Dining?" and then you think
>>> about
>>> buying cheaper drinks.[1]
>>>
>>> Split transactions and scheduled transactions are also useful. Though
>>> if I
>>> were going to use scheduled transactions a lot, I'd schedule the
>>> expenses <= 5
>>> days in advance, so that your ledger reflects what you have *now*. And
>>> I only
>>> enter income transactions when I've actually got the money in my wallet
>>> or
>>> bank account. (Somebody I know scheduled a bunch of expenses and income
>>> transactions 180 days in advance, making it look as though she'd paid
>>> off her
>>> credit card on the overview window when there was still $1000 on it.
>>> While
>>> that might make you feel better, it doesn't reflect current reality....)
>>>
>>> FWIW, I haven't had any formal accounting training at all, and I managed
>>> to
>>> get GNUcash mostly figured out in 2000-2001, when the documentation was
>>> sort
>>> of incomplete.
>>>
>>> [0] Accountants, feel free to gasp in horror here.
>>> [1] Not if you file everything under Expenses:Miscellaneous , so don't do
>>> that. You'll probably need to create a few custom accounts. I have
>>> Expenses:Cat , you may need Expenses:Dog or Expenses:Kid .
>>>
>>> --
>>> Matt G / Dances With Crows
>>> The Crow202 Blog: http://crow202.org/wordpress/
>>> There is no Darkness in Eternity/But only Light too dim for us to see
>>>
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>>>
>>
>>
>
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