GnuCash Budget-related question

Alex Aycinena alex.aycinena at gmail.com
Thu Jan 7 15:28:10 EST 2016


On Thu, Jan 7, 2016 at 12:25 PM, Nathan Falco <nathanfalco1022 at gmail.com>
wrote:

> I see that you have not yet had time to respond but I have thought of my
> other burning question to ask along with my first question: using this
> GnuCash program, when I enter a paycheck is it possible to assign
> (transfer) dollar amounts to each expense account and see ongoing actual
> performance versus budget?
>
> For example, if the budget calls for $100 toward groceries, when I enter a
> paycheck can I put $100 into groceries and spend it down to $0? OR do I
> have to enter each debit for groceries and track it myself to ensure it
> does not go over budget? I hope I can view this information automatically
> without having to run a budget report every time.
>
> On Thu, Jan 7, 2016 at 12:58 PM, Alex Aycinena <alex.aycinena at gmail.com>
> wrote:
>
>>
>> ---------- Forwarded message ----------
>> From: Nathan Falco <nathanfalco1022 at gmail.com>
>> Date: Wed, Jan 6, 2016 at 7:54 PM
>> Subject: GnuCash Budget-related question
>> To: alex.aycinena at gmail.com
>>
>>
>> Hello,
>>
>> I am new to GnuCash and I have downloaded 2.6.1 for use as personal
>> budgeting/finance management software. Here is the scenario: in my personal
>> budget I have several "fund" accounts which represent several divisions of
>> the balance in one savings account, much like expense accounts divide up
>> the checking account balance normally. I regularly make deposits to these
>> accounts and infrequently make withdrawals. Most of the time these "funds"
>> carry a positive balance in my budget but there is only one savings account
>> to reconcile with the bank. Should I create these "fund" accounts in the
>> "expenses" category or should I create them as sub-accounts of the savings
>> account? how would the program track the respective balances of the "funds"
>> and also the balance of the savings account? thanks in advance.
>>
>> Nathan Falco
>> South Carolina
>>
>>
>
>
> --
> I hope to see you soon, and we will talk face to face. Peace to you.
> -- 3 John 1:14a
>
>
>
> Nathan Falco
>


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