Business acct.

[Paula Hendricks]

i'm not sure i'm really answering your question... but here's an example of what i've done. it's been a while since i set these up, so i can't go back and tell you what the default accounts were...

under Expenses, i have many accounts, one of which i call Business + Education. Under that account i have several other accounts including: "601OF" (for the building i manage), and other standard things like "Office Supplies" which I use for my book design business. If needed, I could add a specific job/ project. i also have a "personal" account under which i have added specific personal sub-accounts such as "personal care"... how many accounts and how many sub-accounts depends on how finely grained you want to be... i can get carried away.

under Income, i also have many accounts, one of which is 601OF-earned income, and another which is "601OF-reimbursable expenses... and another which is CBC-$$ (for book design business)... and some of these accounts have sub-accounts under them as well. in the past i've had accounts/ categories for each client/ project. 

i've ignored for the most part the default accounts and they are just too general and don't work for me... 

so i can see my income and expenses broken down the way i want (and helpful to my accountant, too)... i don't know that i've set this up in such as way as to be able to get reports for 601OF separately, but i don't really need them. as long as there are only 1 or 2 #s i have to gather to make a comparison, i'm good.

am i answering your question? p.s. hit reply all and the group can follow our discussion.

	ph


On Apr 26, 2012, at 10:06 AM, Trenton Hall wrote:

> I'm new to this, so it'll take a while to absorb.   Are you telling me that I should use the fixed business accounts (of course only what I need).?  Just expand what I need.?  But from what I read in the so-called manual, there was the option of doing it manually, but it never went on to explain how.  I've been thru the fixed ones and even closed the open ones after I tried to delete the ones I don't need. I could use that, it's just so long, that's why I thought I could just add what I needed manually for a smaller page.    I just went back and re-read your e-mail about the "new" button. Does this mean that I could skip the business category and jjust add it to the personal part that's there already.?
> 
> On Thu, Apr 26, 2012 at 11:58 AM, Paula Hendricks <paula at ph-webnet.com> wrote:
> so from what you are telling me you want 1 gnucash company file but within that to somehow separate out your particular business info... i do this with several small businesses i participate in. i use gnu cash for all my money (personal, biz 1, biz 2, etc)...
> 
> i think there may be some accounts (called categories in other s/w) that you can't eliminate, but you can create any # of accounts yourself... i've done this within income (for example, i have biz1 income, biz2 income, other income)... then in expenses i have a series of expense accounts (much more detailed than income, such as biz1 supplies, biz1 tools, biz2 internet, etc...).... i split out telecom expenses pretty carefully... and i haven't used assets yet for reimbursable expenses, but i'm going to look at that next.
> 
> in my version, there is a "new" button at the top of the screen that will open and you can add a new account and within the "actions" menu item there is also a "new account" choice.
> 
> i hope this helps.
> 
>        ph
> 
> 
> 
> On Apr 26, 2012, at 5:06 AM, Trenton Hall wrote:
> 
> > Thank you for the prompt reply.
> > I am a Notary and I am what is known as a Signing Agent. I'm contracted by various banks. attys, and companies, to meet with people in regard to refinancing the home. I'm paid by who hires me.
> > I do have a program that I use to keep track of my signings, income etc..  So what I thought I needed
> > here was to also keep track of the money as a Notary and to blend in with the personal side, if that makes
> > sense.
> > I just need a shortened version of the business category,  Assets/R, expenses, etc.  To match what is on the
> > Tax Form Sch.C. There is no inventory, no stocks, no sales, no owing anybody. I don't even have at this point a checking account just for this.  Money in, would go to Cash or  some other checking or savings.
> > Hope I've given you a fair picture.
> >
> > On Wed, Apr 25, 2012 at 4:51 PM, Paula Hendricks <paula at ph-webnet.com> wrote:
> > when you say "business acct) are you talking about setting up a company file for the notary or are you talking about setting up a set of expense/ income/ asset accounts within your own company files/books?
> >
> >        ph
> >
> > ~:~:~:~:~:~:~:~:~:~:~:~:~:~:~:~:~:~
> > paula hendricks ~:~ cinnabar bridge communications
> > writing ~:~ photography ~:~ book design
> > san francisco ~:~ 415.975.0950
> >
> > On Apr 25, 2012, at 1:04 PM, trenton hall wrote:
> >
> > > I would like to establish a business account for a Notary Public. I can't
> > > find how to enter the accounts manually, since I only need a few.  The
> > > manual only talks about the accounts already fixed. I tried to delete them
> > > but some always came back.   Thank you
> > >
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>