Profit & Loss

Derek Atkins warlord at MIT.EDU
Tue Dec 22 09:32:52 EST 2009


hendrik at topoi.pooq.com writes:

> On Thu, Dec 17, 2009 at 06:52:26PM -0800, tbullard wrote:
>> 
>> I just set up and started using GNU Cash today so I am green as grass.
>> The only accounting software I have used was on my past job, Peach Tree
>> Manufacturing Software.
>> 
>> Now I run a home based business and my needs are much simpler.
>> So far I find the GNU software to be intuitive and easy to set up and work
>> with.
>> 
>> But I have not been able to figure out how to tag expenses to a job.
>> My main concern is keeping up with check book, generating invoices, posting
>> payments, and monitoring expenses. GNU Cash does all of this easily.
>> 
>> But can I track profit and loss, per job?
>> Example: I just did an inspection. I have lab fees and trip charges. I will
>> have to pay mileage to the person that did the inspection. When I write the
>> check for the lab fee I transfer to account Expenses:Outside Services but
>> how do I tag the job?
>
> Set up (a) separate account(s) for each job?

Unfortunately right now the reports don't take the Job into account.
Down the road this could be done, but currently such a report does not
exist.  So you could either work and write the report, or you could
create subaccounts.

Note that longer term the right answer is still a single account but a
corrected report.

> -- hendrik

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-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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