Dividing accounts in multiple branches

[Buddha Buck]

Two suggestions:

1. Ask for advice from a local accountant who is familiar with the
requirements of the government/EU for this sort of bookkeeping.  He or she
will be able to help you set up your chart of accounts properly to handle
this, and tell you how specific transactions should work.

2. Once your local accountant has given you specific advice, then come to
us and ask how to do it in GnuCash.  We aren't a good source of information
about the accounting practices/requirements in any particular jurisdiction,
but in general, we know how to do things in GnuCash.




On Wed, May 29, 2013 at 6:16 AM, Dieter <dieter1989 at hotmail.com> wrote:

> Thanks for the fast reply,
>
> I realize that this isn't the common method of double bookkeeping.
> But in Belgium this type of bookkeeping on a farm is required, if you wish
> to receive financial support from the government/EU (which most farmers
> need
> if they want to survive).
> This is also stated on the website of Flanders government (part of
> Belgium):
> http://lv.vlaanderen.be/nlapps/docs/default.asp?fid=221 OR translated:
>
> http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=http%3A%2F%2Flv.vlaanderen.be%2Fnlapps%2Fdocs%2Fdefault.asp%3Ffid%3D221&act=url
>
> Summary: Why company-economic bookkeeping? It contains:
> 1: Analysis of company finance to support reasoned decisions,
> 2: Profitability of individual sectors (crops, cattle, pigs,...) again to
> support reasoned decisions,
> 3: Technical results (milk/cow; %fat in milk; feed conversion of pigs;...)
> 4: prerequisite to enjoy the Flemish Agricultural Investment (VLIF)
> Investment.
>
> It's a different type of bookkeeping, it contains for example: fictive rent
> income for land you own and use yourself; fictive intrest on value of
> property which hasn't depreciated yet (idea: if you wouldn't have made the
> investment, the remaining value would provide certain intrest if the money
> was on the bank, this is NOT similar to a loan you have to pay); and at
> last
> fictive payroll (the farmer works on his farm but puts more work in cattle
> than in pigs, thus the fictive payroll (as expense) on  cattle will be
> larger than on pigs).
> It may seem strange but it's quite logical if you actually try to apply it.
>
> Now I'm searching for (free) software other than excel macros... and I was
> wondering whether I could implement it in a double bookkeeping system.
>
> I still have to study your answer, will provide a reply if it leads to a
> good solution.
> In the meantime, if there are more suggestions, please provide.
>
> kind regards,
> Dieter
>
>
>
>
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