[GNC] journal entries
David Cousens
davidcousens at bigpond.com
Mon Aug 12 00:55:35 EDT 2019
Harald,
The following section in the GnuCash help manual gives the details of
creating a transaction entry in GnuCash
(https://www.gnucash.org/docs/v3/C/gnucash-help/trans-enter.html).
It assumes that you have the register (table of transactions for a specific
account) open. You can do this in the Accounts tab which is the first
window GnuCash opens at by double clicking on a specific account, e.g. an
Asset:Current Assets: Checking Account if you have initially created a
default Common Account heirarchy when you first opened GnuCash.
Gnucash is a formal double entry accounting package. To use it effectively
you will need at least some basic information on double entry accounting
which is presented in the section headed The Basics in the Getting Started
section of the guide
(https://www.gnucash.org/docs/v3/C/gnucash-guide/chapter_basics.html) that
John referred you to earlier.
The help manual referenced above is a description of the GnuCash interfaces
and how to use them while the Tutorial and Concepts guide is more oriented
at how to perform common accounting functions using GnuCash.
To track a single expense you will require a minimum of two accounts, one
Asset account to record where the cash (e.g. Asset:CurrentAssets:Cash in
Wallet) you are paying for drugs is coming from and an Expense account to
record your purchases of drugs from the pharmacy (e.g.
Expense:Pharmacy:Drugs) and each purchase is recorded as taking money from
your cash account ( a credit to it) and a corresponding debit entry to the
Expense:Pharmacy:Drugs accountto record receiving the drugs in return for
the money.
If this is the only expenditure you really want to track GnuCash will
possibly be overkill for you and a simple spreadsheet may better meet your
needs.
David Cousens
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David Cousens
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