GnuCash

[Keith Bellairs]

Subaccounts do not supply all of the functionality of "activity-based"
accounting, unfortunately. If I create subaccounts for each business and
track how much office supplies I use for each business it then becomes much
harder to answer the question, how much office supplies are we using all
together - you have to create a report that finds the office supplies
subaccount for each business. If you never have to answer the "all
together" question then subaccounts are fine.

Activity based accounts really add a new "dimension" (in the mathematical
sense) to each account. It has already been mentioned that "activity" is
orthogonal to the existing account structure.

Of course this creates a pain when entering data. Now you have to identify
both the activity and the rest of the account info for each transaction. So
it sounds cool but might not really get that much use in the typical case.

Keith

On Wed, Jan 25, 2012 at 2:47 AM, Christoff Erasmus <zs6jce at gmail.com> wrote:

> Hello,
>
> On 22 January 2012 18:50, Dave Niezabitowski <daveniezby at yahoo.com> wrote:
> >
> >This should give you what you want for tracking multiple businesses. Now
> you can run ALL your reports on business A Only or B >Only.
> >If this is too complicated you can make it even more simple.
> >
> >Create a top level account called : Business A and one for Business B.
> Now all you have to do is create your SubAccounts under >each of those
> business accounts.
>
>
> On 23 January 2012 04:30, John Ralls <jralls at ceridwen.us> wrote:
>
> >
> > You can do that with Gnucash, too. Just set up placeholder accounts for
> > each business activity and create expense and income accounts as needed
> > under each:
> >
> > BusinessA
> >  Income
> >    Consulting Fees
> >  Expense
> >    Travel
> >    Office Supplies
> >    Etc.
> > BusinessB
> >  Income
> >    Consulting Fees
> >  Expense
> >    Travel
> >    Office Supplies
> >    Etc.
> >
>
> I am currenlty on 2.4.7 on ubuntu 11.10.
>
> As the sub-accounts are dependent on the account type of the top level
> account. My question is:
>
> Which Account Type should the placeholding "New top level account" account
> for Business A (B)  be, to allow for sub accounts of any type?
>
> Regards,
> Christoff
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