Gnucash usage for small banks and GL derivation rules

[David Carlson]

I certainly would not want to be a customer of a bank that used GnuCash
instead of some more secure financial software.

David C

On Tue, Jun 20, 2017 at 8:09 AM, Andrey Shalaurov <shalaurov at gmail.com>
wrote:

> 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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