Adrien did not mention that your accountants or auditors are not likely to look kindly on frequent transfers between businesses either.
On Wed, Apr 22, 2020 at 8:55 AM Adrien Monteleone < adrien.montele...@lusfiber.net> wrote: > You’ll want to find out what the legal requirements are for your > jurisdiction. Usually, separate companies have to keep separate books. > > Even if you are allowed to put them in one book, doing so might be more > work than the present inconvenience. > > There are three approaches I’m aware of: > > 1. Create separate account trees for each business > 2. Create sub-accounts for each business all in the same tree > 3. Use some sort of tagging system in the Description, Notes, or Memo > fields and then use those tags in filters when running reports. > > The maintenance on 1 & 2 can be a bit much. > #3 is doable, but not all needed reports support filtering. You might have > a convoluted process to get the reports you need isolated to each entity. > > Note, you’ll likely need either a third account tree or three sub-accounts > if you take routes 1 or 2 because you also have the parent entity to > consider. > > Also note, it should be possible to have multiple books open at once. So > you can cut down on the clicks considerably. (how you achieve this is > different per OS) > > Regards, > Adrien > > > On Apr 21, 2020 w17d112, at 7:15 PM, Jeff <j...@iwebss.com> wrote: > > > > So is there a way to track expenses related to different companies from > > within the same gnucash file? > > > > For example we have two companies that are subsidiaries of another > > company. We are constantly transfering money back and forth, so would > > be nice if I could do it all in one transaction instead of having to > > show deposit in one file and then open seperate file for other company > > and show the withdrawl. > > > > Thanks > > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > 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. > -- David Carlson _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org 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.
