On 8/14/2017 11:08 AM, seng wrote:
Hi,
I recently let my business's bookkeeping done by Gnucash with the help of an
accountant. She is familiar with Tally (a famous accounting package used
herein India) and new to Gnucash. She feels several key/core functionality
are missing in Gnucash which are found in Tally. I'd like to know whether
they really got missed or she has trouble recognizing those features in
Gnucash.
Trouble recognizing features
1) When I tried to extract Profit and loss report for 1-4-2017 to 31- 03
2017, the end date automatically changes to 02/27/1899
Not knowing how to set begin and end date for the "Income Statement" report
2)Gnu cash mixes everything in a single page, which is not correct from
accounting point of view. Profit and Loss should be disclosed separately and
Balance sheet should be disclosed separately.
Page breaks can be arranged for. I never bother doing this INSIDE
gnucash as I am always exporting the raw reports so that they can be
edited << and THERE is where I can make different things different font
size, make bold, etc. including where I want page breaks >>
3) Profit and loss should show income and expenditure: Balance sheet show
assets and liabilites: Hence Gnu cash is lacking this point, as far as I'm
concerned
Huh? WHAT reports are you running? In any case, P&L should show income
and expenses. An "expenditure" might not be an expense. I find it very
hard to believe that an accountant would imagine it had to be.
4) If we want to know the profit for any month, we may find it difficult to
arrive at
No, you can have any start and stop date you specify. Start on the first
of the month and end on the last of that month.
Michael D Novack
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