Multiple Files

[Maf. King]

On Tuesday, 15 March 2016 00:02:46 GMT E Rosenberg wrote:
> Michael -
> 
> Thanks.
> 
> Big School..
> 
> Let us say that it has three accounts, Maintenance, Tuition, Student
> Activities.

Hi Ethan.

Are these monies held in 3 distinct accounts held at a bank (or banks!), or 
is there a notional single bank account, and the 3 accounts you
outline are "only on paper"?

> 
> It wishes to see the accounting for each of the accounts and to have
> the accounts combined into one account.  It wishes tjo see Income,
> Expenses for all four accounts. accounts.

>From what I understand from your question, I think this is mostly a 
question of how to configure the reports within a single GC data file - I 
don't think you need subsidiary books or separate data files.  

The exact nature of what you need to report from will depend on the 
local tax laws etc. in your part of the world, and also what the school 
management expect in terms of layout and so on, but this seems to me 
to be well in the range of GC's capabilities, as you can configure (most) 
reports to only consider a subset of asset/liability or income/expense 
accounts, and further you can with some reports limit the transfer 
accounts that are included.

You'll need to take professional help on the precise layout of accounts to 
comply with local circumstances, but IMHO what you have described so 
far isn't going to be complex once GC's chart of accounts is set up 
accordingly.

HTH,
Maf.


> 
> TIA
> 
> Ethan
>