Cashflow reports
Mike or Penny Novack
stepbystepfarm at mtdata.com
Tue Mar 16 12:33:09 EDT 2010
Alan Duffell wrote:
>Hi there,
>
>Excuse the probably stupid question as I'm new to Gnucash!
>
>I'm using the software at a small charity and we'd like to know the following:
>
>1) Is it possible to produce monthly cashflow reports, e.g. with months on the x axis and income/expenditure/balance on the y axis?
>
>2) Is it possible to produce reports that are compliant with UK company law, charity law (Statement of Required Practices) and accounting law, and can this in turn be made compliant with accruals accounting?
>
>Many thanks for your time,
>
>Alan Duffell.
>
>
>
Respecify the question? Are you asking:
1) Can GnuCash generate reports containing the data from which such
finished reports could then be produced?
Yes
2) Can GnuCash produce the reports in the proper format to be filed with
the appropriate authorities with no further editing?
No
3) Would any accountant expect "1" or "2"?
Ours expects "1".
If you think about "2" for just a moment it should immediately become
clear that this would be a MASSIVE project dwarfing all the rest of
GnuCash. There are an awful lot of jurisdictions and each could want a
slightly different format for reports. For example, the non-profit for
which I am treasurer has to file with the US Federal government and the
Commonwealth of Massachusetts. Do you imagine that Mass wants exactly
the same thing as the Feds? Or that any of our other 49 states want the
same as Mass?
Michael D Novack, FLMI
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