[GNC] Accounting for Income and Expenses from Multiple Business Locations
Stephen M. Butler
kg7je at arrl.net
Sat Dec 7 20:48:20 EST 2024
Are there intra-city transactions? If not, the simple solution is to
have one set of books per store. However, that does make it hard to
roll up to a grand total for the entire business.
The next approach would be to have a high-level account for each
location within ASSETS, LIABILITIES, EQUITY, INCOME, and EXPENSES. That
way you could generate a report for each location and then another one
for all locations.
On 12/7/24 12:45, Gary Kulp wrote:
> Hello,
>
>
>
> I'd be appreciative if someone could illustrate how to account for income and expenses from multiple business locations. For example, if I were to account for five hair salons in five cities, I would need to account for the following in each city using GNU Cash.
>
>
>
> Income
>
> Haircuts
>
> Hair Coloring
>
> Product Sales
>
>
>
> Expenses
>
> Rent
>
> Utilities
>
> Cost of Goods Sold
>
> Shampoo
>
> Scissor Sharpening
>
> Hair Coloring Product
>
> Sub-contractor Wages
>
>
>
>
>
>
>
> Locations:
>
> Dallas
>
> Los Angeles
>
> New York
>
> San Francisco
>
> Seattle
>
>
>
> Thanks...Gary
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