Account type to isolate some transactions

Charles Gagnon charlesg at unixrealm.com
Tue Dec 14 22:02:05 EST 2004


Setting up a small homebased business that will not have it's own
Bank accounts just yet. I would a way to isolate the cash, expenses
and income accounts for this entity. Let me know if you think this
makes sense:

 Global Assets/(various bank accounts)
 Global Liabilities/(various loans and CC)
 Entities/
    Persornal/
        Cash/
        Income/
        Expenses
    CompanyA/
        Cash/
        Income/
        Expenses/

Basically, this is the step before I break into a seperate file. For
now, since both entities use the same bank accounts, it would be too
hard to have them in a seperate file.

Any feedback? Is it a bad idea? If I was to break it up this way,
what kind of account would I use?

I know I could do:

 Expenses/
    Personal/
    CompanyA/
 Income/
    Personal/
    CompanyA/
 ...

But for some reason the first way seem to make sense to me.

Thanks.

-- 
Charles Gagnon                   | My views are my views and they
http://unixrealm.com             | do not represent those of anybody
charlesg at unixrealm.com        | but me.



More information about the gnucash-user mailing list