New User to GnuCash

Jack Slater theilliniguy at gmail.com
Thu Dec 14 14:10:35 EST 2017


I think I get what your saying and at this point (a) I have no clue how to
manage/edit/adjust what I have to that type of structure nor (b) do I know
enough yet to feel confident in making any changes! LOL..

I'm reconciling my November statement as we "speak" and had to add a few
account transfer entries - that in Quicken would credit 1 account and
automatically debit the transfer account. I have non idea how/if I can do
that in GC!?

Any pointers/help is gladly and thankfully accepted!

On Thu, Dec 14, 2017 at 12:53 PM, Fross, Michael <michael at fross.org> wrote:

> Hi Jack,
>
> I'm also a convert about a year ago to GNUCash.  They are *all* real
> accounts.  But if you are like me, your institutional accounts are not
> really in expenses where most of the category accounts lie.  I have my
> traditional bank accounts in Assets (as well as brokerage accounts, home
> equity, etc)  Credit cards are in Liabilities.   The expenses and income
> accounts are mostly the old categories from Quicken.  For me, the only
> account in Equity is the "Opening Balance" account.
>
> Hope that makes sense.
>
> Michael
>
> On Thu, Dec 14, 2017 at 12:25 PM, Jack Slater <theilliniguy at gmail.com>
> wrote:
>
>> Thanks for the feedback!
>>
>> I'll get to that and read thru. Then if I am a typical Quicken fool I'll
>> be
>> back for more direction!
>>
>> I'm wondering then if there is a way to designate the "real" accounts in
>> the massive Account Listing so i can see/sort or make those stand out from
>> the "non-real" accounts.
>>
>> On Thu, Dec 14, 2017 at 12:03 PM, D <sunfish62 at yahoo.com> wrote:
>>
>> > Jack,
>> >
>> > Welcome to Gnucash, and welcome to this list.
>> >
>> > Before you tinker with the account structure in Gnucash, I strongly
>> > recommend that you read the Basics section in the Tutorial & Concepts
>> Guide
>> > (available on the Gnucash website). The 4 chapters there will give you a
>> > better understanding of some of the fundamental ways that Gnucash
>> differs
>> > from Quicken.
>> >
>> >
>> > Specifically, you will want to look at how Gnucash's double entry
>> aspects
>> > affect file structure. Gnucash doesn't have categories; rather, it uses
>> > accounts for this purpose. Many refugees from Quicken find this a
>> difficult
>> > adjustment to make.
>> >
>> > After you have read these chapters, you will understand that you
>> probably
>> > will want to keep all those accounts--after all, you had the categories
>> for
>> > a reason! You'll also understand how Gnucash reflects a more formal
>> > accounting system than Quicken.
>> >
>> > A quick way to determine whether to keep all those accounts: open each
>> of
>> > them up, and if there are transactions listed in the register, then you
>> > won't want to delete that account.
>> >
>> > Rest assured, however, that if you did try to delete one of these
>> > accounts, Gnucash would prompt you to designate where these transactions
>> > should be moved.
>> >
>> > Hope this helps,
>> > David
>> >
>> >
>> > On December 14, 2017, at 10:07 PM, Jack Slater <theilliniguy at gmail.com>
>> > wrote:
>> >
>> > I dropped Quicken finally and have been trying GC for a few days. So
>> far it
>> > seems like a great replacement but I'm a total noob.
>> >
>> > My first question:
>> > I did an import from Quicken and I guess I misunderstood the terminology
>> > differences.  When I look at the GC Accounts window - it is a complete
>> > listing of both (what were names in Quicken) Accounts and Categories,
>> now
>> > just all listed as Accounts.
>> >
>> > I'd like to get rid of the Categories listings yet retain the "true"
>> > Accounts but want to make sure that if I just delete them, I'm not
>> harming
>> > data "under the hood" so to speak.
>> >
>> > I hope I'm approaching the mailing list help process correctly and also
>> > hope to get good enough that I could eventually help others.
>> >
>> > Thanks.
>> >
>> > Jack in Illinois
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>


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