[GNC] New Accounts

[Brad Morrison]

Hi Promethean/GnuCash users, 

https://gnucash.org/viewdoc.phtml?rev=5&lang=C&doc=help - "Chapter 5.
Setting Up, Editing & Working with Accounts" of the GNUCash tutorial
covers the questions you are asking about. 

In addition: 

What version of GNUCash are you using? 5.10 is the current version -
https://gnucash.org/download.phtml 

What Linux distro are you using? https://en.wikipedia.org/wiki/Linux &
https://distrowatch.com/ 

---
Thanks, 

Brad - https://www.facebook.com/brad.morrison.12327/ &
https://norcal.social/@BradMorrison 

On 2025-01-13 09:33, Steve Butler wrote:

> The answers depend on how you want to proceed.  If the two Bitcoin accounts
> are separate businesses, then you may want to keep their transactions in
> their own file (sorta like having different spreadsheets) but using the
> same program.
> 
> However, if these are all personal accounts, then just set them up as
> different accounts under your main asset account in the same file (or
> accounting book).
> 
> It may make more sense to lay out your chart of accounts (COA) on paper
> first.  Use one sheet for all things/accounts considered as an ASSET.
> Different sheet for INCOME, a third for EXPENSES and the fourth for
> LIABILITIES.
> 
> That way you can move them around and group them as necessary to reflect
> how you do life.
> 
> Run it past your tax person so they are comfortable with how you organized
> things for when you drop off your Balance Sheet and Income Statement.
> 
> --Steve
> 
> On Mon, Jan 13, 2025, 09:02 promethean--- via gnucash-user <
> gnucash-user at gnucash.org> wrote:
> 
>> I have a very basic question. I am new to GnuCash since Quickbooks will
>> not run on Linux and I want to have my own ledger as opposed to a cloud
>> solution.
>> I have three different banks that I have checking accounts with. One I use
>> just for personal/household use.
>> The other two I have set up specifically to fund Crypto transactions.
>> How do I need (and how do I go about) set up these accounts? Do I need
>> three different and separate GnuCash programs? Can I set up the three
>> accounts within one program? Is there an alternative solution?
>> What is the best way to go?
>> Thank you for sharing your time and information.
>> 
>> --
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