[GNC] Recommend Accounting Books

[flywire]

A significant limitation for small business is GnuCash will not do cash
accounting *and* automated sales tax.

https://lists.gnucash.org/pipermail/gnucash-user/2024-April/111635.html
Christopher
Lam wrote:

> Please be aware that the inventory part won't be handled via GnuCash: while
> you can record your purchases and sales easily (e.g. buy $1000 worth of raw
> materials, sell $2000 worth of products), it's difficult to account for the
> raw materials inventory levels and products waiting to be sold, calculating
> profit margin etc. Other (expensive) products would likely be more suitable
> for your needs.


I use inventory in QuickBooks for farming which is both painless and
surprisingly handy.
https://lists.gnucash.org/pipermail/gnucash-user/2024-March/111175.html
shows GnuCash can handle inventory but it is not properly documented.
Interestingly before the above quote the linked tutorial has a link to
https://www.manager.io/ which is a well regarded fully featured free
accounting package with inventory.

Regards