[GNC] Is GnuCash the right application for me?
Leslie Jensen
jensen.leslie at gmail.com
Sun Oct 14 11:03:24 EDT 2018
Den 2018-10-14 kl. 11:21, skrev jeffrey black:
> On 10/12/2018 10:21 PM, Leslie Jensen wrote:
>>
>>
>> Hi
>>
>> Thanks for your valuable input. I'll go ahead and give it a try.
>>
>> :-)
>>
>> Les
>>
>>
>> Den 2018-10-12 kl. 22:31, skrev Jeff Abrahamson:
>>> Ditto here, I run a sports club and two other clubs with gnucash. It's
>>> perfect for our needs.
>>>
>>> I also don't bother with the business features, just a/r accounts and
>>> manually issue bills and such. That may or may not be the right choice,
>>> someday I should look at those functions further.
>>>
>>> Jeff Abrahamson
>>> +33 6 24 40 01 57
>>> +44 7920 594 255
>>> https://www.p27.eu/jeff/
>>> https://www.transport-nantes.com/
>>>
>>>
>>> On 12/10/18 12:56, Colin Law wrote:
>>>> On Fri, 12 Oct 2018 at 11:44, Leslie Jensen
>>>> <jensen.leslie at gmail.com> wrote:
>>>>> Hi
>>>>>
>>>>> I'm the treasurer of three sports clubs. They all have the same setup.
>>>>> Most of the income is membership fees and we pay Invoices for
>>>>> equipment and other costs. We have no tax or billing needs. The
>>>>> account plan for each club is almost the same. So a very simple setup.
>>>>>
>>>>> Can I run all three clubs as individual "companies" in GnuCash? And is
>>>>> GnuCash the right application to do this?
>>>> I run the accounts for a couple of clubs with similar needs. Setup
>>>> one accounts file for each club so they are kept separate. I have not
>>>> bothered with the complexities of the business features (invoices etc)
>>>> as I have not found them necessary.
>>>>
>>>> As to whether it is the right application for you I can only say that
>>>> it meets all my needs (and handles my personal accounts too, in anther
>>>> accounts file of course) and is very good value for money.
>>>>
>>>> Colin
>>>>
>>>>> I'm aware of the tutorial page and I see a lot of stock oriented
>>>>> subjects so I thought that maybe I'm in over my head?
>>>>>
>>>>> Thanks
>>>>>
>>>>> Les
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>
> There is a catch 22 here.
>
> Do YOU contribute, are a member of, and intend to be the treasurer of
> all of the organizations for all time?
>
> GnuCash is flexible enough that you can carry all of the organizations
> in one file. It only requires only a top level account for each
> organization. I am currently carrying accounts for 4 separate
> businesses in one file, because I set up top level accounts for each
> entity. And now I am adding a 5th company. Technically they should be
> all separate but; I contribute to all 5, and I am "required" to be a
> partner in each as long as each entity exits. Plus, I am the only one
> competently capable of preparing financial reports.
>
> Here is where the catch 22 hits. You may not be the treasurer for one
> of the entities at a future date. In your case, I would consider
> setting up a separate set of books (separate files) for each
> organization. You can initially set them up identically but; each will
> evolve separately. And at the end of your tenure, the books of each
> individual organization, and only those books can be passed to the next
> treasurer for that organization.
>
> --JEffrey Black M.B.A.
>
>
That's a very good suggestion, thank you.
Today I'm working just like that in a commercial software so I
understand the setup.
/Les
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