Tracking Money in Savings Account

Ian X Waddington iwaddox at gmail.com
Sun Dec 19 03:34:27 EST 2010


Tthank you.

So from my reading of the posts on this list most people want 'b' with a
splattering of "c", yet most of the focus seems to be "a".

Is there a strategy or futures paper anywhere? It would be interesting to
see what is planned next.

Ian

-----Original Message-----
From: Mike or Penny Novack [mailto:stepbystepfarm at mtdata.com] 
Sent: 18 December 2010 18:03
To: Ian Waddington
Cc: Dennis Brakhane; warlord at mit.edu; Wayne Bird; Gnucash User;
derek at ihtfp.com
Subject: Re: Tracking Money in Savings Account


>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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