Invoice workflow

[Doug Ransom]

 --- Derek Atkins <warlord at MIT.EDU> wrote: > 
> DUDE..
> 
> PLEASE CC GNUCASH-USER ON __ALL__ RESPONSES!!!!!!

Yeah, I am new to webmail on yahoo (sorry) and just
made mistakes with the interface.


> 
> Doug Ransom <dransomxxx at yahoo.com> writes:
> 
> > I think a source of my confusion is that the
> manual
> > section 12.3 (accounts receiveable initiali setup)
> > shows a hierarchy like
> >
> >  -Assets
> >    -Checking
> >    -Accounts Receivable
> > -Income
> >    -Sales
> >
> > but for my income account in edit invoice I am
> only
> > allowed to pick from a drop down of Asset
> accounts.
> >
> >
> > Am I doing something wrong, or found a defect?
> 
> Are you sure Income:Sales is marked as an Income
> Account?
> Also, are you using a Customer Invoice or a Vendor
> Bill?
> It works fine for me with a proper account setup, so
> it's unlikely to be a bug -- more likely it's user
> error.

I think its some of each.  I changed the income
accounts from a water account and a sub account for
each payee to a single water account and forgot to
uncheck the placeholder box.

I am not sure if there are or should be any clues that
could be provided to the user here.


> 
> -derek
> 
> >  --- Derek Atkins <warlord at MIT.EDU> wrote: >
> Please CC
> > all responses to gnucash-user...
> >> 
> >> Doug Ransom <dransomxxx at yahoo.com> writes:
> >> 
> >> > I am starting to get this.
> >> >
> >> > Now, if I issue invoices for water and invoices
> >> for
> >> > strata fees, how can I account for the revenue
> of
> >> each
> >> > over the year?  Would I transfer from the
> received
> >> > current asset to an income account and then to
> the
> >> > chequing account?
> >> 
> >> Well, it depends whether you want to use the
> >> business invoicing system
> >> or just do it by hand.  But revenue is generally
> a
> >> transfer from
> >> Income to Asset...  It can be any asset type. 
> Model
> >> it on the
> >> real flow of cash.
> >> 
> >> > Doug
> >> 
> >> -derek
> >> 
> >> >
> >> >  --- Derek Atkins <warlord at MIT.EDU> wrote: >
> Doug
> >> > Ransom <dransomxxx at yahoo.com> writes:
> >> >> 
> >> >> > I am trying to understand how to deal with
> an
> >> >> invoice.
> >> >> 
> >> >> Sure..
> >> >> 
> >> >> > What do I do when I receive payment, and
> then
> >> what
> >> >> do
> >> >> > I do when I actually deposit payment to the
> >> bank?
> >> >> 
> >> >> Gnucash doesn't make a real distinction
> between
> >> >> receiving payment and
> >> >> depositing payment.  You could create an
> >> >> "Undeposited Funds" account
> >> >> and then process the payment into there, and
> then
> >> >> transfer from there
> >> >> to your checking account.
> >> >> 
> >> >> > doug
> >> >> 
> >> >> -derek
> >> >> -- 
> >> >>        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 
> >> >
> >> >
> >>
> >
>
______________________________________________________________________
> >> 
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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 
> >
> >
>
______________________________________________________________________
> 
> > Post your free ad now! http://personals.yahoo.ca
> >
> >
> 
> -- 
>        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 

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