Initial setup questions for a small non-profit membership startup (UK)
mark at hanfordonline.co.uk
Wed May 13 11:23:20 EDT 2015
Hi folks. I'm sort of starting out with this sort of company, which is a
non-profit membership organisation.
I'm going to need to record basic stuff like bank, rent and bills and stuff,
which is fine and I've done before, but I'm not sure how to handle the
members and their subscriptions. From time to time we may also sell products
to our members.
I was going to use Customers, but I can't see how to create
monthly-repeating transactions for Customers, so should I set them up as
Accounts Receivable accounts, and use normal recurring transactions?
I'm also getting a bit confused with the number of transactions I'm
creating, as I currently have, for example:
£25 invoice in *Assets:AR:PersonName* to *Income:MembershipFees*
£25 payment from *Assets:AR:PersonName* to *Assets:Current:Bank*
A person might pay for 6 months up front, but I'll only want to "take out"
their fee monthly.
How does that sound? I realise it's probably all a bit wonky :)
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