Budgeting in GnuCash

[Derek Atkins]

Nathan discovered this on #gnucash last night.

One problem I see with the cash-flow report is that it includes A/R
and A/P accounts as real asset/liability accounts.  It should probably
not really do that, because the cash actually changes hands between
A/R,A/P and Bank, not between A/R,A/P and Income/Expense.

-derek

Eric E Moore <e.e.moore at sheffield.ac.uk> writes:

> "Neulinger, Nathan" <nneul at umr.edu> writes:
> 
> > The problem is that the cash flow report doesn't show you a transfer
> > from checking to a credit card for example. It can show you all your
> > income, and all your expenses, but not the "non-expense transfers". 
> 
> > i.e. it'll show me that I spent $50 on a credit card for cd's, but it
> > won't tell me that I paid $100 on that credit card bill. 
> 
> I'm not real clear on what you're trying to accomplish here, since the
> cash flow report will do, if not what you want, what I think you
> want.  If you go into the accounts tab on the options dialog, you can
> select just some accounts for the cash flow, rather than the default
> (all asset/liability accounts).  If you go into that, and select just
> the bank account, it'll tell you that $100 flowed from the bank
> account to the credit card.  
> 
> It won't report the $50 for CD's, but a profit/loss report would.  If
> you maintain positive cash flow, and positive profit, (well,
> non-negative will do), you're operating inside your budget...
> 
> At least it more or less works for me :)
> 
> -- 
> Eric E. Moore
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-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available