invoicing and receipts only?

[Morgan Read]

Hi There Derek

Thank for your reply.  That's pretty much where I think I got to using 
the New Account Hierarchy Setup and the accounts in 'A Simple Checkbook' 
Categories.  I stuck the Accounts Receivable under current assets next 
to Quench Account and I'm not quite sure what Equity is - but guess I'll 
discover.  I've realised I'm going to have to make some additions for 
VAT, and one of the alternative Aust setups for GST from the Wiki seems 
the simplest and most straight forward.

Many thanks again.

Regards,
Morgan.

On 20/07/15 00:41, Derek Atkins wrote:
> 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
>


-- 
Morgan Read
UNITED KINGDOM
<mailto:mstuffATreadDOTorgDOTnz>

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