GnuCash

Sun Jan 22 10:17:37 EST 2012

Ok, I can't seem to figure out how many times and ways to say this. It's been stated in almost every email  - YES, GNUCASH CAN DO EVERYTHING YOU'VE ASKED SO FAR. It IS designed so that ANY COMPANY OR INDIVIDUAL may adapt and use it for their accounting purposes.  It's been said in almost every email.  YOU asked about Quicken so we used that as our Comparison.  It is a BOOK KEEPING system like Quick Books but without all the "pay this" add ons.  You can do Invoicing of Vendors, Track Employees, Pay Employees, Bill Customers, track customers, Print hundreds of reports.

The ONLY THING that makes it different is how YOU set your books up.

One more time - YES IT CAN DO WHAT YOU ASK.

- Dave

________________________________
 From: Herman Lorenz <herman.lorenz at comcast.net>
To: 'David T.' <sunfish62 at yahoo.com>; 'Dave Niezby' <daveniezby at yahoo.com> 
Cc: gnucash-user at gnucash.org 
Sent: Sunday, January 22, 2012 8:00 AM
Subject: RE: GnuCash

Thanks for the info. Most of the comments are related to Quicken, which is not really intended as a usable business accounting package.

QuickBooks and Peachtree have multi-dimensional accounting that makes it possible to do financial reports in total, and also by project or department. It appears from the comments that GnuCash isn’t going to work for multi-activity businesses; or even individuals with complicated situations. 

I for example have to produce a report of revenues and expenses for each of the activities I’m involved in for expense reimbursement purposes. I also have to produce a consolidated report of all of the business activities for tax returns. And I have to produced a consolidated report of all personal and business activities to see where I stand as a whole. With classes or departments I can produce an income statement that shows the specific businesses, one that shows what we spent on our recent trip to Ireland/England, and another that shows our normal personal expenditures.

For one business I work with, I can produce full income statements for each of the seven lines of business they’re in, and also a consolidated statement.

Herman Lorenz

2532 Mercedes Drive Atlanta GA 30345

herman.lorenz at comcast.net
404-325-7705 (home)
404-944-0500 (cell)   
www.linkedin.com/in/hermanlorenz

From:David T. [mailto:sunfish62 at yahoo.com] 
Sent: Saturday, January 21, 2012 6:35 PM
To: Dave Niezby; Herman Lorenz
Cc: <gnucash-user at gnucash.org>
Subject: Re: GnuCash

To go into a little more depth here: Gnucash does NOT have a corollary to the Quicken/QuickBooks "Class".

If you are seeking that functionality, you need to set up your account structure to support it. Take a look at the thread that starts in http://lists.gnucash.org/pipermail/gnucash-user/2009-March/028868.html -- especially the later messages, where users describe using sub-accounts to "classify" their transactions.

Once you have your accounts set up for this, you can (as the others note) create reports that slice and dice the data as you need it.

Many coming from the Quicken realm ask about implementing classes in Gnucash. They are not a feature of Gnucash--although I am sure that the developer team would welcome having someone send in code for that functionality.

Cheers,
David

________________________________

From:Dave Niezby <daveniezby at yahoo.com>
To: Herman Lorenz <herman.lorenz at comcast.net> 
Cc: "<gnucash-user at gnucash.org>" <gnucash-user at gnucash.org> 
Sent: Saturday, January 21, 2012 2:23 PM
Subject: Re: GnuCash

Yes.  You can create reports for virtually any account you want. It all depends on how YOU assign transactions to their accounts.  

-- Dave

On Jan 21, 2012, at 15:13, "Herman Lorenz" <herman.lorenz at comcast.net> wrote:

> My problem is trying to print income statements by line of business. Is there a way to print out or view reports isolating one line of business (like you can in QB by using “classes”, or in Peachtree by using “departments”.
> 
>  
> 
> Herman Lorenz
> 
>  
> 
> 2532 Mercedes Drive Atlanta GA 30345
> 
>  
> 
> herman.lorenz at comcast.net
> 
> 404-325-7705 (home)
> 
> 404-944-0500 (cell)  
> 
> www.linkedin.com/in/hermanlorenz
> 
>  
> 
> From: Dave Niezabitowski [mailto:daveniezby at yahoo.com] 
> Sent: Saturday, January 21, 2012 3:00 PM
> To: Herman Lorenz
> Cc: gnucash-user at gnucash.org
> Subject: Re: GnuCash
> 
>  
> 
> Herman,
> 
>  
> 
> You can print HUNDREDS of reports.  It uses accounts rather than categories but it will be familiar to you if you're not using account numbers.  
> 
>  
> 
> -Dave N
> 
>  
> 
>  
> 
> 
> > Does the program have a provision for reporting in different groups?  Like classes in Quickbooks or Departments in Peachtree.
> >  
> >  
> > Herman Lorenz
> >  
> > 2532 Mercedes Drive Atlanta GA 30345
> >  
> > herman.lorenz at comcast.net
> > 404-325-7705 (home)
> > 404-944-0500 (cell)  
> > www.linkedin.com/in/hermanlorenz
> >  
> 
> 
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