[GNC] keeping entities separate

[Stephen M. Butler]

On 08/13/2018 10:28 PM, patrushkha via gnucash-user wrote:
> Thanks for responding. I am clear that I want to have all the entities separate- I thought I had set them up that way, but cannot discern how to access them individually, and that's why I think I might have missed something in the initial set up and that they are combined.

You will need to have three separate file names.  Could be in the same
folder but I put mine in different folders.  You may need to dump the
transactions as a csv file and use a spreadsheet to break them into
three different csv files to import to the new files.  Others on here
may have other shortcuts to break this apart.
>
> -----Original Message-----
> From: Mike or Penny Novack <stepbystepfarm at dialup4less.com>
> To: gnucash-user <gnucash-user at gnucash.org>
> Sent: Mon, Aug 13, 2018 6:54 am
> Subject: Re: [GNC] keeping entities separate
>
> On 8/13/2018 8:52 AM, patrushkha via gnucash-user wrote:
>> I just started using Gnucash and thought I'd gotten through the learning curve; I have 2 small businesses and entered both of them as well as my personal data, but discovered they are all mixed together. At least I think so, I'm not versed enough to understand how I got there or how to untangle entities.
>> Can anyone suggest a process to separate them OR do I have to start all over?
>>
>> I'm also willing to hire someone to get me on track- Los Angeles area.
>>
>> Thank you so much,
>> Pat
> Oh dear. You are describing THREE entities here so ideally you should 
> want to have three sets of books If you are showing somebody the set of 
> books for one of the businesses (say you are selling it) no reason for 
> this prospective buyer to see anything about the other business or your 
> personal finances.
>
> I can't tell you whether better literally to start over or to 
> disentangle (temporarily having FOUR sets of books). There are other 
> questions you need to answer. For example, do these businesses have 
> their own bank accounts? Or are you perforce going to remain somewhat 
> entangled.
>
> Michael D Novack
>
> PS: If one or both of these "businesses" are small/minor it WOULD be 
> possible to carry them within your main personal books. And still be 
> able to see/report on each separately. BUT be advised that the chances 
> of error would be very high because neither gnucash nor any other 
> bookkeeping system would prevent you from entering a transaction in the 
> wrong place.
>
>
>

-- 
Stephen M Butler, PMP, PSM
Stephen.M.Butler51 at gmail.com
kg7je at arrl.net
253-350-0166
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