_______________________________________________ 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.
------------------------------ I have completely replaced my defunct Quicken with GnuCash, and now trying to get the details fine-tuned: I am using Job cost accounting for my business, My main resource is from the OpenStax book - "Principles of Accounting, Volume 2: Managerial Accounting" page224 - 226 And a lot of internet searches... Entering my labor, parts and supplies would look like this: Assets:Jobs:xxxxxx:WIP 500.00 ________:Direct Labor 120.00 Assets: Stock 20.00 ________:Direct Labor 360.00 1. If I use "Expenses:Direct Labor" as the credit account then those account balances are all negative (which, at least, looks weird in an expense journal) 2. If i use "Income:Direct Labor" the balances are positive. With settings #2 all the tax reports look correct. I didn't check during #1 settings. Which one is correct? Does GnuCash care about the negative balance? Is there a better way log it? Thank you for a great accounting tool, and all your help. Eric Hammond _______________________________________________ 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.
