On 7/31/2023 1:36 AM, Jim DeLaHunt wrote:
Hello, Sebastian:
Welcome to GnuCash! I hope it works well for you.
On 2023-07-30 22:28, [email protected] wrote:
I have recently started using gnuCash and am trying to figure out if I
can use gnuCash in a meaningful way to map the cash flows in a community
project. I think I understand the basic concepts through the tutorial
and with a test project, but am still looking for ideas and
recommendations for some specific circumstances. …[details elided]…
How about this as a first thought: do you understand the accounting
aspect of your questions, separate from how to use GnuCash to perform
the accounting? Do you have an idea of which of these things you want
to track are assets, liabilities, income, or expenses? Do you have an
idea of how you would track these if doing bookkeeping on paper sheets
with lots of columns?
If you do not, then you will probably be greatly helped by learning
some basic accounting. For instance, you could read this textbook,
/Principles of Accounting/, Vol 1
<https://openstax.org/details/books/principles-financial-accounting>,
which is free to read online. Once you understand the accounting
aspect of these things you want to track, it will be easier to
understand how to use GnuCash.
Best regards,
—Jim DeLaHunt
ABSOLUTELY --- your first problem is not "how do I do this using
gnucash?" but "how would I do this were it in the old days, pen and ink
on paper?" In other words, what accounts do I need, etc. I most strongly
suggest that you get some texts on accounting, looking for those that
cover the sort of entity you are trying to keep the books for as it is
NOT the most common sort of entity. You might find guidance by looking
up what sort of entity you would be by the tax codes << I am going to
guess one of the "pass through" types, but there are more than one of
these sorts >>
Michael D Novack
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