[GNC] moving unpaid invoices between businesses?

[Michael or Penny Novack]

On 9/2/2023 8:58 AM, Morgan Read wrote:
> Follow up to:
> https://lists.gnucash.org/pipermail/gnucash-user/2023-August/108616.html
> And, apologies again for not following up until after the month has 
> rolled over...
>
>> Assume this is the year 1950 and so you are keeping your books the 
>> way they did back then, pen and ink on accounting ruled paper. How 
>> would you record this transaction? Assuming you had that clearly laid 
>> out, what difficulties are you having doing that using gnucash...
> Michael, there's a lot of assumption in there...


Whenever I do this (refer to knowing how the transaction would be 
entered back in the days of pen and ink on paper) it is because 
essentially all that gnucash is doing is automating parts of that 
process (and allowing "journal less  entry" (aka "cashbook") for all 
accounts as long as the transaction only involves two accounts**). In 
other words, if you haven't a clue what it would look like "pen and ink 
on paper" (what accounts involved, which debit, which credit, etc.) then 
you don't have a gnucash problem as much as an accounting/bookkeeping 
problem.

In your case, a bit more complex since involving invoices/receivables, 
but you know, they were doing  that back in the days of pen and ink on 
paper.

Michael D Novack

** when more than two accounts and you enter the transaction as "split" 
you ARE creating the transaction entry in the (virtual) journal and when 
you hit "enter" (finish this transaction) you are "posting" this journal 
entry to the ledger accounts. Mind, the similarity is less obvious to 
those of you who didn't learn bookkeeping in the days of pen and ink on 
paper.