Switching from MS Money to GnuCash and merging Datbases

[Russell Mercer]

I think it is definitely possible to bring them both into the same
file.  You just have to set up income and expense categories that are
distinct for Athletics, and High School.

An example hierarchy may be as follows:

Assets:
    High School
        Checking Account
        Savings Account
    Athletics
        Checking Account
        Savings Account
Expenses
    High School
        Books
        Facilities
        Maintenance
        Salaries
    Athletics
        Equipment
        Salaries
        Uniforms
Income
    High School
        Funding
        Contributions
    Athletics
        Funding
        Donations
        Gifts
Liabilities
    High School
        Business Credit Card
        Loan
    Athletics
        Business Credit Card

When you import the files in from MSN Money, you will simply need to
match the categories and accounts between the Money files and the
GNUCash file.  This way, all existing transactions will be categorized
correctly, and accounts will be matched up.  If you do this
beforehand, then you can ensure that there is no crossing of
transactions between High School and Athletics categories.  You should
then be able to match the Asset, Expense, Income and Liability
balances for High School and Athletics, to their respective bank
balances.

I'm sure there are factors I am not considering here, but I hope this
gives you a possible path to work from.

Russell

On Mon, Aug 9, 2010 at 2:27 PM, Henderson, Heath
<heath_henderson at leroy.k12.il.us> wrote:
> I am in the middle os switching our School Seceratary over from a broken version of MS Money 2007 to GnuCash.
>
> The switch will work fine, but they used to keep two databases in Money (one for Athletics and one for the General High School Fund).
>
> Within each are sub accounts but the bottom dollar amount is the key.  When everything is said and done, the dollar amount for Athletics has to pertain to Athletics and the balance dollar amount for High School has to pertain to High School.
>
> Is there a way to flag each account with a category in GnuCash which will allow us to maintain both of these Funds in the same Datbase file or do I need to maintain them in separate db files still?
>
> Thanks
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