GnuCash for Non-profit FUND based accounting ? olpc $100 laptop & GnuCash?
plongstaff at rogers.com
Fri Oct 27 19:03:03 EDT 2006
On Fri, 2006-27-10 at 15:38 -0700, Robert Smits wrote:
> On Wednesday 25 October 2006 12:54, Treasurer - TU SouthWestern VT wrote:
> > For the next person that handles the chapter's bookkeeping, I don't think
> > that he or she/they will be able to handle the learning curve of a non-GUI
> > based application that is not like the Windows ones that they are used to!
> > So - Can GNU Cash be used for FUND Based Accounting (for non-profits and
> > churches)?
> I'm not certain, from a cursory look at your links what exactly is supposed to
> differentiate fund based accounting from any other form of accounting. I also
> don't see anything listed below that I can't do with Gnucash.
Gnucash is not designed for fund accounting (assuming your idea of fund
accounting matches mine - split into unrestricted, temp restricted and
perm restricted). It provides a double-entry accounting system with
accounts falling into the 5 main categories (assets, liabilities,
equity, income, liabilities). I don't know if you could rearrange the
top level into funds. You could have fund categories under the top
level, and then design reports (e.g. balance sheet) for each fund
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