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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