[GNC] Start up cost in GnuCash
Stephen M. Butler
Stephen.M.Butler51 at gmail.com
Tue Jan 24 14:59:58 EST 2023
This is a discussion you need to have with your CPA. Involved are the
following questions:
1. Is this a sole proprietorship? Partnership? LLC? Corporation?
2. If a sole proprietorship, will the accounting be done in your
personal books? Or do you need a separate set of books for the business?
3. Will the business refund you or are these your own expenses?
Only your CPA can guide you correctly.
--Steve
Stephen M Butler, PMP, PSM
Stephen.M.Butler51 at gmail.com
kg7je at arrl.net
253-350-0166
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On 1/24/23 11:18, Joel via gnucash-user wrote:
> Hello Gnucash, We are trying to figure out how to enter into gnucash the initial expenses or startup cost for the business we have been putting on our personal credit card to start this new business.
> Thank you in advance for your help.
> Taneshia and Joel
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