Re: Profit-centre accounting?

[Derek Atkins]

The top level needs to be an income or expense account, not cash.

-derek

Sent on my mobile. Please forgive any typos.

----- Reply message -----
From: "Liz" <edodd at billiau.net>
To: <gnucash-user at gnucash.org>
Subject: Profit-centre accounting?
Date: Thu, Feb 5, 2015 5:37 AM

On Thu, 5 Feb 2015 01:35:22 -0800
Jan Steinman <Jan at EcoReality.org> wrote:

> I want to set up top-level accounts that can have a mixture of
> expense and income accounts underneath. This is often called
> "profit-centre accounting." Apparently, GnuCash won't let me. (I
> thought I could if I made the top level a "cash" account.)
> 
> The business has a number of separate business units that have both
> expenses and income. I really don't want to keep them in separate
> files, as transactions flow between them.
> 
> QuickBooks couldn't do this, either, and I resorted to using
> "classes" in order to sorta run trial balances and P&Ls for the
> various profit centres, but it was a painful kludge, subject to error.
> 
> Any thoughts on how best to set this up in GC?
> 
>
I have my GST set up this way. Can't tell you off hand how I did it,
but Gnucash never complained
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