invoicing and receipts only?

[Derek Atkins]

Hi,

Morgan Read <mstuff at read.org.nz> writes:

> Hello List
>
> I think I have a pretty straight forward question.
>
> What accounts should I create and what should I call them in the
> accounts set-up dialogue if I'm wanting to use gnucash to invoice and
> account for invoices (aged debt) and issue receipts for invoices paid?
> A billing system.
>
> I've looked over the list and followed a discussion 'How to set-up
> Gnucash as a business software?' and a few others.  I'd like to start up
> the 'right' way so I'm not having to go back and unpick thing, but
> there's no obvious set of accounts for this (I imagine) fairly straight
> forward use case.

Minimally you'll need an Asset account (for your Bank), Income
account(s) for your sources of income, expense accounts (for all your
various types of expense).  And of course you'll need *one* A/R account
(per currency).

> Many thanks.
> Regards,
> Morgan.

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
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