Financial Year Sub Accounts for each Account?
AfrikaDietmar
dietmar.reigber at tradeley.com
Fri Nov 28 03:21:37 EST 2014
Hi,
I want to input +5 years of financial data of my holiday rentals business
into GnuCash. My financial years always start on the:
01.06.xx and end 31.05.xx | or for example 01.06.2014 - 31.05.2015
Before I start this big project, I want to make sure of the structure of
accounts that I will use and I would like to have some of your opinions
before I regret later all the effort.
In the main accounts Tab, you get an overview of all your figures. It sums
them all up.
I was wondering if there is a way I can have my accounts also show for each
financial year.
Would it make sense to do a structure like this in each account?
Assets
........> Current Assets
..............................> Cash in Wallet
.....................................................> 01.06.2008 -
31.05.2019
.....................................................> 01.06.2009 -
31.05.2010
.....................................................> 01.06.2010 -
31.05.2011
.....................................................> 01.06.2011 -
31.05.2012
.....................................................> 01.06.2012 -
31.05.2013
.....................................................> 01.06.2003 -
31.05.2014
Those dates or periods would be the financial years.
So when I look at the cach in wallet account I will see the total figure,
and those periods will show how much they had. But will I run into some
trouble or issues later if I do that? Will the report generators of GnuCash
get messy?
Please advise of your opinion of if you have a better idea how you would do
it?
Sunny regards from Mauritius,
Dietmar Reigber
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