[GNC] Adding ASSETS & LIABILITIES to sub accounts

Paras Desai desaiparas at outlook.com
Sat Jun 1 01:18:26 EDT 2024


On 31-05-2024 20:46, gnucash-user-request at gnucash.org wrote:
> Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts


My two cent on the topic 😛

Before I zeroed in to GNU Cash for my personal finance accounting, I 
evaluated many open source softwares like Money manager Ex, Skoorage, 
Kmymoney and likes and eventually I decided to settle in GNC for 
multiple reasons.

However, I remember one feature (either in skoorage or Kmymoney), which 
has a feature of grouping Chart of Accounts (COA) Institution wise.

While posting the transaction, one can select the Institution and 
transaction flows in that institution. While generating report, one can 
generate report for all Institutions or for an individual institution.

Now, this “Institution” can be an either a family member, or a company 
or a company business division.

This feature is very relevant, if one wishes to monitor family finance 
along with individual finance, or separate business line finance.

So configuration can be like Family (All Institutions)--> 
Institution1(family Member 1) + Institution2(Family member2) and so on.

GNC manages accounts as an individual file. So, to achieve above, if a 
report can be developed to combine multiple files (Accounts) to generate 
a report !

Of course, this is a suggestion of a layman, without giving cognizance 
to the technicality involved and basic software structure of the GNC and 
limitations.

I just thought of sharing this idea, when I came across the discussion 
on the topic.

With my best regards


Paras





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