Tracking Money in Savings Account

Mike or Penny Novack stepbystepfarm at mtdata.com
Sat Dec 18 13:03:19 EST 2010


>So this raises an interesting question, do users and the developers
>see gnucash as bookkeeping tool or a personal finance manager?
>
>I'd be interested in peoples views
>
>Ian
>  
>
It's be a more complicated question that that. Better make it three way?

a) Bookkeeping/Accounting tool ---- the sort of "extras" people might 
want to see with this is an integrated inventory system, point of sales, 
etc. The sort of package for people who keep regular books for 
themselves, small organizations, small businesses, etc. need. The 
commercial alternatives are both expensive and less than satisfactory.

b) Personal finance manager for those in need of help managing their 
money (a "money manager")

c) Personal finance manager for those who need to track net worth, 
investments, holdings in multiple currencies, equity stakes in funds 
under (temporarily) outside ownership (like the vested interest in a 410k).

Both "b" and "c" are other than just standard bookkeeping but those are 
as different from each other as either is from "a".

Michael


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