On 08/21/2018 07:31 PM, Khristine Ann Ramella wrote: > OK, so trying to use gnu for business. Have a two person llc. I set up the > equity accounts like shown based on all the research on gnuhelp and general > accounting I could find. > > Each member contributed 720 to start the business. The first person 720 was > put in checking immediately. I put it under Opening Balances and sent it to > checking. So far so good. The second 720 came in a month later. When I go to > make the deposit to the checking account how do categorize it? > > Also, why does Equity only show as 740 ? Shouldn't it be 1440 to represent > the 720 from each member? > > [cid:[email protected]] > > I also have a billing question. When I enter a credit card charge or checking > account debit, I want to be able to assign a customer & their specific job > to the purchase. We buy & bill out a lot of supplies for each client-most > with an upcharge so it isn't an even swap. In Qbooks you can just check a > box and assign the purchase or invoice to the customer job, so I can see > expenses versus billing right away for the customer and their job. I did some > gnusearch on this and didn't really get a clear cut answer. > > I would hate to have to go back to QB but this is a deal breaker-lots of > parts for each customer and each customer has lots of jobs (installs/service > calls) > > Thanks so much for your expertise!!! > >
Oh. I looked at the image again. It looks like you have a bunch of sub-accounts under Equity that offset each other except for the opening balance of 740. I'd talk with a CPA about how they want the COA structured. -- Stephen M Butler, PMP, PSM [email protected] [email protected] 253-350-0166 ------------------------------------------- GnuPG Fingerprint: 8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8 _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
