Hi Andrey, > 1. Can this software be used for a small business that is a bank / > financial institution - all accounts have to be flipped from bank's point > of view e.g. Loans are Assets, Deposits are Liabilities (can the software > be re-configured as such)?
Yes, GnuCash can easily handle this. I have been doing exactly that for a few years. You can flip things around if you want, but there is no reason you have to. Loans could be loans the "bank" takes from another institution. Funds loaned out could be recorded as assets. Deposits from clients could be recorded as liabilities. Best, John > On Jun 20, 2017, at 9:09 AM, Andrey Shalaurov <[email protected]> wrote: > > Hi, > > I have two questions: > 1. Can this software be used for a small business that is a bank / > financial institution - all accounts have to be flipped from bank's point > of view e.g. Loans are Assets, Deposits are Liabilities (can the software > be re-configured as such)? > > 2. It looks like each transaction can be assigned to an 'account' (assuming > General Ledger/GL Account), are there any other GL derivation rules > possible e.g. transaction is assigned to a GL account only if a rule set is > met? Also, can you please clarify within transaction import whether: > -deposits/withdrawals translates to "debit / credit" (I expected to see the > D/C indicator for each transaction) and > -balance translates to each transaction "amount" > -how do you assign an GL Account "pair" to each transaction (2 accounts), > seems like in import interface only 1 assignment is possible > > Thanks, > > Andrey _______________________________________________ gnucash-user mailing list [email protected] https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
