Business acct.

Trenton Hall trentonphall at gmail.com
Fri Apr 27 06:53:47 EDT 2012


This is where I'm a little confused. Are you saying I can set my Notary
income up within the personal
without going into the "Business" cat.?

On Thu, Apr 26, 2012 at 3:27 PM, Paula Hendricks <paula at ph-webnet.com>wrote:

> 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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> >
> >
>
>


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