Business startup in GNUCash

John R. Sowden jsowden at americansentry.net
Mon Nov 4 03:07:59 EST 2013


On 11/03/2013 04:55 PM, Steve O'Sullivan wrote:
> Howdy everyone,
>
>   
>
> I am starting a new business, where I opened my business bank account(s)
> mid-October this year. However, I had been purchasing equipment and
> materials for the previous several months using home funds (with my wife's
> backing fortunately). What is the proper way to enter those funds into
> GNUCash so that they are tracked and things get added to the proper accounts
> and whatnot?
>
>   
>
> If this is not the proper place to ask such questions, could someone offer a
> suggestion for a list more suitable for this type of question?
>
>   
>
> Thanks in advance!
>
>   
>
> Regards,
>
>   
>
> Steve O'Sullivan
>
> stevieo at icloud.com <mailto:stevieo at icloud.com>
>
> 1.650.464.3149
>
>   
>
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start your accounting program when you first started in business. for 
any asset/inventory/expense purchases, show the fund as a loan, not an 
investment.  set up a loan account for her.

John




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