[GNC] I'm getting started in Gnucash and want to list each item that I buy from one merchant
Adrien Monteleone
adrien.monteleone at lusfiber.net
Sat Mar 9 19:33:33 EST 2024
You can certainly do so. The exact work flow can vary depending on your
precise needs.
I don't often have very long transactions (30 or more items) but it does
happen a few times a year. I frequently have transactions with at least
5 or so 'splits'.
I'd recommend experimenting with either View > Transaction Journal (my
preference) or View > Auto Split. That way, if most of your transactions
need to show individual line item info, you can see it when you enter
the transaction (Auto Split) or always see that level of detail for all
transactions. (Transaction Journal) The default view will be least
helpful to you.
You will not likely be able to easily auto-add tax per line, but can
certainly put in tax lines manually. (such as one line for food, one for
medicine, etc.) GnuCash can help with the math here. I put the rate and
amount in the memo section and then type in the formula in the debit
column. (e.g., $15.99 * .0845) GnuCash will replace your formula with
the result showing what the calculated tax amounts to.
Another (but a bit more complicated) option is to put all such
transactions into 'Vendor Bills' which can do taxes per line, exclusive
or inclusive of price. But this requires much more careful setup and may
or may not work for your particular situation.
Most importantly, if you need reporting at all on this detail, it has to
be entered somehow into GnuCash. Do not just aggregate and enter the
result. (don't consolidate line items. Enter each one separately as its
own split, but do enter them in the same transaction if that is how they
occurred.)
Regards,
Adrien
On 3/9/24 5:40 PM, W. Neal Lewis wrote:
> I would like to use Gnucash to keep track of the costs and information
> of each of the things that I buy from a merchant, such as Kroger, Home
> Depot, etc.
>
> There can be 30 to more items on one transaction.
>
> The items can be for different uses, such as food, lumber, computers, etc.
>
> There can be multiple tax rates, depending on the separate tax rates for
> food, prescriptions, hardware, etc.
>
> This information is needed for use at tax time, since I have a small
> business and need to break things out accordingly.
>
> Is Gnucash the right program to use for these needs?
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