[GNC] Small business accounting importing transactions

Robert Slippey rwslippey at gmail.com
Tue Nov 26 20:46:14 EST 2019


Good evening,

I'm a small business owner and been in business a few years. I'm sick of
Quickbooks and I'm considering going to GNUCash, mainly to simplify. I
looked at GNUCash many years ago but never looked too deeply at it.

One consideration I'm concerned about is dealing with processing fees from
the likes of stripe. I don't have an interest in keeping customer data in
GNUcash and will only really use it for accounting. Invoices and payments
are managed by a third party invoicing software (specifically Invoice
Ninja)

My question is, what best practices for dealing with the processing fees
exist? I receive the funds in the bank after they've removed the fee and I
was thinking just imputing a summary transaction in each month of the total
cost of the months transactions as a simple solution. No need to see any
further details.

Do you have any further tips for moving over to GNUcash. I'll not I have no
intention of bringing over previous years, we'll be starting fresh with
GNUcash at the beginning of the year.

Thanks

Rob


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