tracking grant income/expenses
Arthur Dyck
arthur at avefoodcoop.ca
Thu Apr 12 15:08:01 EDT 2007
Yes, that's what I thought, too. It's going to make for a very large
chart of accounts. Oh, well ...
Arthur
On Fri, 2007-04-13 at 03:16 +1000, Elizabeth Dodd wrote:
> On Friday 13 April 2007 01:16, Arthur Dyck wrote:
> > I am treasurer for a non-profit organization whose funding comes mostly
> > from grants. I need to be able to track where the money from each grant
> > goes. I could create an income account and a set of expense accounts
> > related to each grant, but some of these accounts are going to be active
> > for relatively short periods of time. I could include information in my
> > regular expense accounts and use memos to keep track of where the money
> > came from, but I'm not sure that I can generate the reports that I would
> > like using that method such as an income/expense statement. Any help
> > would be appreciated.
> >
> > Arthur
> If you were going to be audited on these, you would need to keep each one in a
> separate set of accounts.
> I'd recommend it anyway.
>
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