New GNUCash user
Shirley Hicks
shirley at velochicdesign.com
Mon Feb 22 12:16:58 EST 2016
JIll - what you described is what our previous treasurer had done - and what I finished doing after I imported the last few months revenue and updated the accounts.
I think I’ve more or less sorted myself out over two days of “doing”.
— Shirley Hicks
> On Feb 22, 2016, at 12:18 AM, Jill Terry <jill at babrees.co.uk> wrote:
>
> Hi Shirley
>
> I run non-profit accounts. I don't really understand what you mean when you talk about transfer column and being transferred.
>
> In GnuCash I have PayPal setup as a Bank Account in Assets. I enter the transaction in the PayPal account (tot deposit) and select Income: Membership Dues. In the same transaction I also show the PayPal fees so that I can easily reconcile the PayPal account.
>
> PayPal Account: 12.55
> Expenses: Fees: 0.65
> Income: Dues: 13.20
>
> Then, when I withdraw the money from PayPal I do a simple transfer in GnuCash from the PayPal Account to the Bank Account.
>
> --
> Regards
> Jill Terry
>
> On 21/02/2016 18:52, Shirley Hicks wrote:
>> Hey everyone,
>>
>> New GNUCash user here. I’ve taken over the bookkeeping for a small nonprofit makerspace’s accounts.
>>
>> I’m sure that this question has been asked before, and I’m sure it’ll be asked again.
>>
>> However, I’m not finding a clear illustration applicable to the non-profit accounts that I’m managing (used Google search, looked through the list archives as well).
>>
>> While I understand double entry bookkeeping principles, I’m having a little trouble matching up my entries in GNU Cash. Would appreciate pointers.
>> My specific examples:
>>
>> Membership dues payments coming in via Paypal.
>> If I understand correctly, these should show on the register as Income:Membership Dues and would be matched as Asset: Current Assets: Account where they are held?
>>
>> And that the transfer column in the register view should show the account to which they are transferred? Should the transaction being showing in the charge or income column?
>>
>> Thanks in advance,
>>
>> Shirley Hicks
>> Birmingham, AL
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