[GNC] GnuCash methodolgy

Michael or Penny Novack stepbystepfarm at comcast.net
Sat Dec 8 22:39:11 EST 2018


On 12/8/2018 1:52 PM, Adrien Monteleone wrote:
> The budget module doesn’t enforce zero-sum practices, but it does give you the information to use it that way if you want.
>
> What it is not very good at is the ‘envelope’ method of budgeting.
>
> Budgeting should likely be handled outside of GnuCash if you have special requirements. While budgeting is financial in nature, it is not accounting.

Actually, not bad at "envelope" as long as you understand that as 
ADVISORY. In other words, will not ENFORCE the budget, and like in real 
envelope budgeting (physical envelopes) you can always decide to adjust, 
taking money out of one envelope and putting it in another.

Note that in the "legal" budget world, can't do that. The treasurer uses 
the budget to determine whether or not can cut the check or if an 
emergency town meeting or meeting of directors needs to be called to 
authorize the change in budgeted amount.

But in neither case is it the "job" of the accounting system to enforce 
the budget.

Michael D Novack


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