Is this suitable software

[Mark Phillips]

Gnucash can handle the sub accounts for your savings account without any
issues.

Job budgeting and costing can be done, but it could get messy. I will leave
that response to someone who has done it before.

Mark

On Thu, Jan 14, 2016 at 1:13 PM, 425 Treasurer <425treasurer at gmail.com>
wrote:

> I am an adult leader of a Boy Scout Troop.  I am looking for simple book
> keeping software that will do the following:
>
> Subaccounts - I have 40 boys.  Each with their own money they have earned.
> All of their money is kept in one bank savings account, a "Scout Account".
> I want to be able to track each boys money inside the software, while all
> being reconcilable under one bank account number.  This is done separately
> in an Excel spreadsheet now.  As they earn money I need to be able to
> deposit it into the savings account under their individually
> named subaccount.  As the need it, I need to be able to transfer it to
> checking to cover the expense of a camp trip, for example.
>
> Job budgeting/Job costing - When we go camping I have a event "job" budget
> to follow.  I need to be able to set a budget amount, apply expenses to
> that "job", and apply transfers (deposits) from the boys individual
> subaccounts to off set the expenses.  Then be able to report if the campout
> came in at budget.
>
> Other than that, I just want to be able automatically download statements
> from the banks to reconcile the two savings accounts and one checking
> account with the bank.  Have I found the perfect software in GnuCash?
>
> Rick Halvorson
> Treasurer
> BSA Troop 425
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