On Thu, Nov 9, 2023 at 9:42 AM Michael or Penny Novack < [email protected]> wrote:
> On 11/8/2023 4:42 PM, R Losey wrote: > > On Wed, Nov 8, 2023 at 12:17 PM Jediator <[email protected]> > wrote: > > > >> After dumping QB and using GC for couple of months, I started really > >> enjoying its features and simplicity. \ > > >> I dumped Quicken about 7.5 years ago and went with GnuCash and haven't > >> regretted it. > > Both QuickBooks and Quicken are products of Intuit but they are NOT the > same. > > QuickBooks is double entry bookkeeping like gnucash is. Users of > QuickBooks should have a minimal learning curve because they are not > having to learn double entry bookkeeping at the same time as differences > between how you use QuickBooks and how you use gnucash to do double > entry bookkeeping. > > Quicken is not double entry bookkeeping. So making the transition to > gnucash the user has to learn the fundamentals of double entry > bookkeeping at the same time. Those fundamentals have little to do with > how to do it using gnucash (same fundamentals if the old days of pen and > ink on paper -- the shortcut of entry of simple transactions directly in > the ledger without a journal entry existed back then too, if only > applicable to a subset of the ledger) > > Michael D Novack > All true even if not relevant to the OP. Long ago, one of my college courses was in accounting, and I was aware (on some level) of double entry bookkeeping, so perhaps that helped me. I had often thought that Quicken should make its categories "accounts", so I was so pleased to find GnuCash set up this way, so I took to it straightaway. I know that the categories of Quicken and the accounts in GnuCash are not the same; however, every transaction in Quicken had two entries, so it isn't quite as much of a change as people are often led to believe. -- _________________________________ Richard Losey [email protected] Micah 6:8 _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: 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.
