Gnucash usage for small banks and GL derivation rules

Andrey Shalaurov shalaurov at gmail.com
Tue Jun 20 09:09:58 EDT 2017


Hi,

I have two questions:
1. Can this software be used for a small business that is a bank /
financial institution - all accounts have to be flipped from bank's point
of view e.g. Loans are Assets, Deposits are Liabilities (can the software
be re-configured as such)?

2. It looks like each transaction can be assigned to an 'account' (assuming
General Ledger/GL Account), are there any other GL derivation rules
possible e.g. transaction is assigned to a GL account only if a rule set is
met? Also, can you please clarify within transaction import whether:
-deposits/withdrawals translates to "debit / credit" (I expected to see the
D/C indicator for each transaction) and
-balance translates to each transaction "amount"
-how do you assign an GL Account "pair" to each transaction (2 accounts),
seems like in import interface only 1 assignment is possible

Thanks,

Andrey


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