Chris Shoemaker <[EMAIL PROTECTED]> writes: > I informally polled a few professional accountants on this question, > and the consensus was that they generally *do* try to keep budgeting > categories as close as possible to expense accounts, down to a certain > level of detail. When there's a difference it's usually just that the > expense accounts are more specific than the budget categories.
Sure; all I mean is that for me they are *exactly* the same; the same was true when I was a church parish treasurer. More sophisticated organizations may need more flexibility. > Your description of "cash budgeting" sounds like you're summing all > cash debits and credits into one number for each period. That seems > like generating a periodic projected cash-flow report, yes? Yes, except that budgeting and accounting are different tasks in my thinking. I'm content to continue budgeting with gnumeric; it's a more static process. (I make one budget in the year, I tweak it as necessary. I enter hundreds and hundreds and hundreds of transactions in my accounting in the same year.) > If you make budget entries for all your income, expense, liability > and cash assets, wouldn't you get this number by summing the column > for each period? I don't know, I don't enter budget entries in gnucash. So I don't know what those entries are. I was describing the way I think about it. I hope that gnucash can support my model; if it doesn't I'm very likely to continue budgeting the way I do now, in gnumeric. Budgeting, unlike accounting, is not so standardized. Thomas _______________________________________________ gnucash-devel mailing list [email protected] https://lists.gnucash.org/mailman/listinfo/gnucash-devel
