Setting up GnuCash for various Fund Raising Events

Amir Habboosh ahabbo at yahoo.com
Wed Jul 30 15:51:09 EDT 2008


I am a novice to accounting and to accounting programs.  I have recently taken on the role of treasurer for a fund raising committee within my children's school.  This committee is responsible for organizing and running many fund-raising events throughout the year.  

The school also holds two checking accounts and two savings accounts, that are used for holding all proceeds from these events and to fund the startup of each event.

I would like to be able to track the income and expenses for each of the fund-raising events, independently.  

The group also has some minor regular expenses, including telephone, and equipment maintenance, postage, paper, etc.

My questions is, how to best organize a gnucash Account Tree to best track the various events' income and expenses, and to track how much money is typically needed to startup each event.  

For example, a flee market may need $200 up-front cash to start, which will be given to the organizer from the checking account.  Then, there may be additional expenses, preparing and conducting the event, that would be reimbursed from the checking account, to several individuals organizing the event.  There will also be income from the event, through the sale of items.  All proceeds will eventually go to the checking account.  Many of these events get donations (in goods and cash) from parents, which are sold.  It would be nice to track these also, so that we can have better predictability, year-to-year, of the "quality" of each event.

I would appreciate any of your suggestions.

Thanks



      


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