On 12/21/2022 4:04 PM, R Losey wrote:
Granted, and all good points, but they weren't listed in the original
question, so it gives a better idea of what you are looking for.
No, I was trying to explain that an "inventory system" deals with things
way outside the scope of something like
Granted, and all good points, but they weren't listed in the original
question, so it gives a better idea of what you are looking for.
On Tue, Dec 20, 2022 at 5:47 PM Michael or Penny Novack <
stepbystepf...@comcast.net> wrote:
> On 12/20/2022 6:00 PM, R Losey wrote:
> > I guess it would depend
Good idea, Michael!
Eric Chapman
GnuCash 4.13 on MacOS 13.1 Ventura running on 2018 Mac Mini (3.2 GHz 6-Core
Intel Core i7
On 12/20/22 18:47, Michael or Penny Novack wrote:
I've usually just used an account per batch in the general ledger and
so could store that information in the
On 12/20/2022 6:00 PM, R Losey wrote:
I guess it would depend on how detailed you wanted to be... you could
create an Inventory asset category, and create as many sub-categories as
you need to. Purchases add to the inventory; sales delete from it, etc.
Yes, but the connection to general
I guess it would depend on how detailed you wanted to be... you could
create an Inventory asset category, and create as many sub-categories as
you need to. Purchases add to the inventory; sales delete from it, etc.
On Tue, Dec 20, 2022 at 8:55 AM Eric Chapman wrote:
> I am wondering how, in
There are plenty of apps out there of various sorts, many of course are
open-source and free, as in beer, and not just as in speech. (usually
'community editions' of paid-for apps, but some are just free, like GnuCash)
Some are quite complicated and maybe more than you want to chew on, such
Steve,
Thank you. I also think that is a perfectly good way to do it. I do
understand Cost of Goods Sold (and I think it should be contra the
related sales / revenue (income) account.
That's the way I'll do it.
Thanks so much!
Eric
On 12/20/22 11:25, Stephen M. Butler wrote:
Eric,
As
Thanks, John,
At this point, our needs for this are indeed simple. But I could see
them getting more complex in the future. I do understand cost accounting
and loved it when I studied it years ago.
I wonder if there are stand-alone inventory management programs/apps
that would work if our
Thanks, John,
At this point, our needs for this are indeed simple. But I could see
them getting more complex in the future. I do understand cost accounting
and loved it when I studied it years ago.
I wonder if there are stand-alone inventory management programs/apps
that would work if our
> On Dec 20, 2022, at 6:55 AM, Eric Chapman wrote:
>
> I am wondering how, in GnuCash, to account for assets bought to resell or
> other assets that will later be expensed as used.
>
> I'm in the USA context. As far as terminology goes, I think UK and other
> English speaking locales use
On 12/20/2022 9:55 AM, Eric Chapman wrote:
I am wondering how, in GnuCash, to account for assets bought to resell
or other assets that will later be expensed as used.
..
I found something relevant in the wiki:
https://wiki.gnucash.org/wiki/Inventory_Handling. Best I can tell,
GnuCash does
Eric,
As you noted, they are an Asset. Now, I'm not a CPA or even a book
keeper (though my wife did that job for a number of years for an
architect). Here is how I am doing it.
1. Setup an Asset account for Inventory (or whatever you want to name it).
2. Setup an account for Cost of
I am wondering how, in GnuCash, to account for assets bought to resell
or other assets that will later be expensed as used.
I'm in the USA context. As far as terminology goes, I think UK and other
English speaking locales use the word "stock" to refer to inventory,
but, in my experience, that
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