Selecting a Business/chart of Accounts when starting
Mike or Penny Novack
stepbystepfarm at mtdata.com
Tue Jun 4 17:41:02 EDT 2013
John R. Sowden wrote:
> Instead of being locked into starting a 'default' accounts database,
> can I open gc with no set of accounts, or a window listing the
> existing ones with the 'new' option? Then I can select the one that I
> want.
>
> Is there a command line option?
>
> John
Also relatively easy to do (what I have always done)
Open for a new set of books the usual way and delete all accounts but
Assets, Income, Expenses, Liabilities, and Equity (in other words, keep
just those top level accounts). But read on first (that was just the
concept)
Now you can create the account tree (the chart of accounts) just the way
you like. It's been so many years since I've seen the default set I
can't remember what it contains. You might be able to, want to, be less
aggressive deleting accounts. For example, default children likely to be
under "assets" would be "current assets" and "fixed assets"; likely
under "current assets" to be "checking account", "savings account",
"undeposited cash" (might be called "wallet") and keep in mind that you
can rename accounts instead of deleting them (so if it's "wallet" you
just rename "undeposited cash", etc.).
Michael
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