[GNC] How to run report on Paid Sales for a period? (Cash Accounting Method)
doncram
doncram at gmail.com
Tue Oct 1 16:54:25 EDT 2019
What you want is a Cash Flow Statement, which in effect "undoes" accruals.
This is basic in any accounting system, along with Balance Sheet statements
and Income statements. Any introductory accounting course at a community
college or university, or any introductory accounting text book will cover
Cash Flow statements of two kinds ("indirect method" and "direct method").
Programming-wise it is easiest for software to generate an indirect method
approach, which is basically presented as a reconciliation from "Income"
for a given period, marching down the page to get to "Change in cash" for
the period. "Sales" is included in the overall income; one of the steps
in reconciliation is to make adjustment for any change in Accounts
Receivable. E.g. suppose Sales were $10,000, but Accounts Receivable went
up by $2,000 (reflecting an increase in new sales on credit greater than
any collection on past accounts receivable, and any writeoffs of bad debts)
then the cash collected would be $8,000. You want that report; GnuCash
should be able to spit it out for any date range. QuickBooks software and
all other accounting packages that I know of does that.
GNUcash should include such a statement/report, but I think it does not.
You should not have to try to cobble together something from bank
statements; it should simply be available.
sincerely, Donald Cram
Don Cram
On Tue, Oct 1, 2019 at 2:26 PM Adrien Monteleone <
adrien.monteleone at lusfiber.net> wrote:
> #1 - make a copy/backup of your data file and put it somewhere else.
>
> #2 - you should be able to just install new. Your OS should remove the old
> version as needed. If you find that doesn’t work, then yes, uninstall old,
> then install new.
>
> Your data file is readable by 3.x, however, it will on first run, update
> some configuration file storage locations. (and move those related files)
> While the kinks on this should have been worked out by now, it might not
> work properly. You’ll notice something is amiss if your preferences are
> off, or your saved report configurations are missing or inaccessible. The
> fix is rather simple and nothing is lost. Just report back here if you
> notice this problem.
>
> The ‘look and feel’ is quite different from 2.6.x. If you find you need to
> adjust fonts/sizing, report back here and we can point you in the right
> direction to adjust these to your liking.
>
> There are a few other ‘adjustments’ to get used to but since those vary by
> user and workflow, I won’t get into them up front as you may never
> encounter them. If something doesn’t work like it used to for you, just
> speak up.
>
> Note that 2.6.19 (and 2.6.21) can read a 3.x file, so you can continue to
> go back and forth if you need. Just be sure to keep straight if you are
> accessing the current or backup copy.
>
> Regards,
> Adrien
>
> > On Oct 1, 2019 w40d274, at 1:59 PM, Fran_3 <mailbox0600 at yahoo.com>
> wrote:
> >
> > What is the proceedure to update gnuCash?
> > a - uninstall old
> > b - install new
> >
> > or what?
> >
> > and, will the old v2.6.19 gnucash files still work properly?
> >
> > Thanks
>
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