question about features
claven123 at gmail.com
Wed Jun 19 07:01:05 EDT 2013
I agree, it meets my needs, you will be happy with GC.
On Jun 18, 2013 4:18 PM, "JHC" <jhc at gs11011.com> wrote:
> I have been happily using GnuCash for several years (at least six), and it
> serves every need I ever expect to have. Although it runs as a double-entry
> system, I don't have to make *any* particular accommodations for that. I
> have no unusual requirements for my data, such as business accounts, but if
> I did (I played with it a bit) anything I might need to do is exactly in
> place and working (simple invoicing and such).
> When I first installed GC, I just ran the standard process and followed
> the instructions. I named my main account to my bank (credit union,
> actually) name, and used the simplest, non-specialized Chart of Accounts as
> my baseline. That was about all I had to do, and it ran immediately. I
> might have added a half-dozen new accounts/categories of expense, and one
> income account (purely for convenience). I import my transactions monthly
> as an .ofx file (I used .qif for a long time, until my rather small CU got
> .ofx working right).
> Using .ofx for my transactions, I download a file to a specific
> directory/folder and import that file in GC. Poof, done. Most of them are
> correctly assigned on import (using Bayesian matching), but it does take a
> minute (literally) to look at the list and correct the occasional one that
> GC can't figure out. I could do an online banking connection, but I'm leery
> of having to mess with it if something changes, and as things are I get the
> data now in a file I can archive; the minute or so it takes isn't an issue.
> I have, on a few occasions, entered transactions manually, into the
> register of the main account. Since my income is always assigned to an
> income account I only have to take a few seconds to assign an expense
> account to a transaction.
> I do few splits, but they're simple enough. That's the one 'trick' of it
> all, to use 'tab' to move around while entering data, then 'Enter'
> posts.Simple budgeting is just a matter of following instruction (there are
> generally accurate tutorials for everything).
> There are only two things I have to care about to keep everything in
> perfect balance: that each transaction/split is correct for amount and
> charged account (and the date matters, too). As far as I can see, this is
> about as simple as accounting could be.
> My better half is a lawyer. She runs GC about as easily as I do. She began
> with the correct chart of accounts, has made a few basic
> alterations/additions, and has multiple bank accounts to deal with, but it
> works just as well for her. This year she did her taxes in about two hours
> Finally, I run on a Windows platform. I've used XP and Vista and W7, no
> My GC experience has been, since the first day, exemplary. I'd say your
> needs seem much like mine, and your experience should be much the same.
> Howard C.
> On 6/18/2013 9:37 AM, John Ralls wrote:
>> I am a perspective customer. I have the following questions.
>>>>> 1. Can we use the software WITHOUT using the double-entry accounting
>>>>> feature? I don't understand it. I just want to be able to enter
>>>>> transactions in the register and download transactions.
>>>>> 2. Is there a weekly budget feature?
>>>>> 3. Can users split transactions?
>>>> Gnucash is Free software. We don't have customers, we have users.
>> No. Gnucash is built entirely around double-entry bookkeeping. We provide
>> a Concepts Guide (http://www.gnucash.org/**viewdoc.phtml?rev=2.4&lang=C&*
>> to help you get started.
>> There is a budget feature which you can configure to any period you like.
>> Yes, any transaction may have any number of splits as long as it balances
>> -- that is,
>> as long as the amounts added to accounts are equal to the amounts deducted
>> from others.
>> Please subscribe to the list and copy it on any replies. You'll find
>> links below.
>> John Ralls
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