Re: [GNC] GnuCash methodolgy

[Michael or Penny Novack]

On 12/8/2018 1:52 PM, Adrien Monteleone wrote:

The budget module doesn’t enforce zero-sum practices, but it does give you the 
information to use it that way if you want.

What it is not very good at is the ‘envelope’ method of budgeting.

Budgeting should likely be handled outside of GnuCash if you have special 
requirements. While budgeting is financial in nature, it is not accounting.


Actually, not bad at "envelope" as long as you understand that as 
ADVISORY. In other words, will not ENFORCE the budget, and like in real 
envelope budgeting (physical envelopes) you can always decide to adjust, 
taking money out of one envelope and putting it in another.


Note that in the "legal" budget world, can't do that. The treasurer uses 
the budget to determine whether or not can cut the check or if an 
emergency town meeting or meeting of directors needs to be called to 
authorize the change in budgeted amount.


But in neither case is it the "job" of the accounting system to enforce 
the budget.


Michael D Novack
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Re: [GNC] GnuCash methodolgy

[Flyeta via gnucash-user]

I’ve been testing out Gnucash for an envelope-like system for a bit and so far, 
it seems do-able if your reporting and accounting needs are minimal. I ignore 
the budgeting features altogether and don’t really use reports much. This site 
got me started:
>

Andrew


> On Dec 8, 2018, at 1:52 PM, Adrien Monteleone 
>  wrote:
> 
> The budget module doesn’t enforce zero-sum practices, but it does give you 
> the information to use it that way if you want.
> 
> What it is not very good at is the ‘envelope’ method of budgeting.
> 
> Budgeting should likely be handled outside of GnuCash if you have special 
> requirements. While budgeting is financial in nature, it is not accounting.
> 
> GnuCash can certainly handle your personal finances. I use it daily. I also 
> use the budget module to some effect.
> 
> Regards,
> Adrien
> 
>> On Dec 8, 2018, at 12:09 PM, ramack  wrote:
>> 
>> I am looking at possibly using GnuCash for my personal finances and
>> budgeting. Before I dive into it, I have question about it's general
>> approach to budgeting.
>> 
>> What I'm looking for is a package that uses a zero-sum approach, Ie, income
>> - budgeted expense = 0. Do any of you users use GnuCash this way?
>> 
>> Thanks,
>> 
>> 
>> 
>> --
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> 
> 
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[GNC] GnuCash methodolgy

[ramack]

I am looking at possibly using GnuCash for my personal finances and
budgeting. Before I dive into it, I have question about it's general
approach to budgeting.

What I'm looking for is a package that uses a zero-sum approach, Ie, income
- budgeted expense = 0. Do any of you users use GnuCash this way?

Thanks,



--
Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html
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