GAAP Indirect Statement of Cash Flows
Christopher Singley
csingley at gmail.com
Wed Oct 30 02:24:50 EDT 2013
Cheers David, let me know if you have any trouble setting it up.
On Wed, Oct 30, 2013 at 10:19 AM, John Ralls <jralls at ceridwen.us> wrote:
>
> On Oct 29, 2013, at 6:19 PM, Christopher Singley <csingley at gmail.com>
> wrote:
>
> > Statement of cash flows is not esoteric "featuritis" cluttering up a
> > program - it's GAAP - invaluable for management, and for investors to
> > detect financial fraud.
>
> Yeah, that's not our target market. Gnucash is aimed squarely at
> individuals and sole proprietorships. If you're worried about investors and
> financial fraud, Gnucash isn't
> the right program for you.
>
I hear you, and I can't imagine this is a top priority... but if you've
ever operated a sole proprietorship involved in selling tangible objects
rather than intangible services, you will not need me to explain the
critical importance of cash flow analysis. It's really a business use vs.
personal use distinction, not a big business vs. small business distinction.
Anyway thanks for the software guys, it's a pretty impressive piece of work
and I've started using it. Hopefully it's not too irritating having folks
coming around reporting that "the product failed after I loaded it with 10x
the weight it's rated for!"
Cheers,
cs
P.S. I thought I heard about plans to implement payroll functionality in
Gnucash. Is that still a thing? I'd be happy to help if I could.
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