About invoicing making GnuCash show assets (accounts receivable) when the
dues are billed (or pledges receivable), I don't see why that would be much
of a problem. Couldn't that be addressed by your entering a journal entry
to zero out the asset balance and reverse the income recognized, whenever
On 9/22/2020 11:20 PM, doncram wrote:
About invoicing making GnuCash show assets (accounts receivable) when
the dues are billed (or pledges receivable), I don't see why that
would be much of a problem. Couldn't that be addressed by your
entering a journal entry to zero out the asset balance an
On 9/20/2020 10:47 PM, doncram wrote:
Just to say GnuCash could serve churches and other nonprofits much
better if Job Costing were supported. And relatedly, more churches
and other nonprofits could use GnuCash if Job Costing were supported.
Thank you Jacob Oomen for sharing the links to your
Just to say GnuCash could serve churches and other nonprofits much better
if Job Costing were supported. And relatedly, more churches and other
nonprofits could use GnuCash if Job Costing were supported. Thank you
Jacob Oomen for sharing the links to your extensive past work to help
accountants f
If one has a lot of separate restricted and/or designated funds it
must be very difficult to keep track of them all.
And don't forget GRANTS. Those are very much like restricted funds if
the money is received ahead of use AND are almost, if not quite as much
work, even when in the form of re
The group I keep books for has a policy of only accepting restricted or
directed donations in the case where the donation is very large. Large in our
case is over $10,000 or $20,000 Mexican pesos, $500 or $1000 US dollars. So far
we have not had to deal with any. We have had a couple of donation
On Sat, Sep 19, 2020 at 03:10:51PM -0400, Michael or Penny Novack wrote:
>
>
> > The "restricted account" you are referring to is probably a "fund". Monies
> > collected for a specific purpose and meant to be used for that specific
> > purpose only. These are accounts that need to be kept in th
The "restricted account" you are referring to is probably a "fund". Monies
collected for a specific purpose and meant to be used for that specific
purpose only. These are accounts that need to be kept in the Equity
section.
Actually, there are SEVERAL ways restricted funds may be accounted
2020 11:21:11 +0100
> From: Chris Green
> To: gnucash-user@gnucash.org
> Subject: [GNC] New user - anyone else using GnuCash for PCC (church)
> accounts? Advice?
> Message-ID: <20200826102111.GA997230@esprimo>
> Content-Type: text/plain; charset=us-ascii
>
> I
On Sat, 29 Aug 2020 12:03:10 +0100
Chris Green wrote:
> > My advice would be to go for a very simple chart of accounts and
> > deal with restricted funds and budgeting externally, either on
> > paper or on a spreadsheet. I have discovered from bitter experience
> > that it is possible to overthin
On Sat, Aug 29, 2020 at 09:26:53AM -0400, Michael or Penny Novack wrote:
> > Well, yes, but the existing paper system is hardly transparent! :-)
> >
> > I'm really only trying to work things out from what has to be on the
> > annual return to the CofE.
> >
> > The restricted and unrestricted fund
Well, yes, but the existing paper system is hardly transparent! :-)
I'm really only trying to work things out from what has to be on the
annual return to the CofE.
The restricted and unrestricted funds are at least basically separated
by being in separate accounts.
If the restricted funds are i
On Sat, Aug 29, 2020 at 11:40:03AM +0100, Michael Hendry wrote:
> > On 29 Aug 2020, at 10:39, Chris Green wrote:
> >>
> > Well it sounds as if you know the ins and outs then! :-)
>
> I seem to have got away with it so far, with the help of charity-friendly
> accountants and especially this foru
> On 29 Aug 2020, at 10:39, Chris Green wrote:
>
> On Wed, Aug 26, 2020 at 12:16:43PM +0100, Michael Hendry wrote:
>> On 26 Aug 2020, at 11:21, Chris Green wrote:
>>>
>>> I have just taken over as treasurer of a (very) small church Parochial
>>> Church Council. The existing accounts are all wh
On Sat, 29 Aug 2020 at 19:42, Chris Green wrote:
> On Wed, Aug 26, 2020 at 12:16:43PM +0100, Michael Hendry wrote:
> > On 26 Aug 2020, at 11:21, Chris Green wrote:
> > >
> > > I have just taken over as treasurer of a (very) small church Parochial
> > > Church Council. The existing accounts are
On Wed, Aug 26, 2020 at 12:51:47PM -0400, Michael or Penny Novack wrote:
> On 8/26/2020 7:16 AM, Michael Hendry wrote:
>
> > > I used to run my own small Ltd. company so basic accounting methods,
> > > VAT, etc. are not beyond me either.
> > >
> > > What I want is more on the 'how to run a small
On Wed, Aug 26, 2020 at 12:16:43PM +0100, Michael Hendry wrote:
> On 26 Aug 2020, at 11:21, Chris Green wrote:
> >
> > I have just taken over as treasurer of a (very) small church Parochial
> > Church Council. The existing accounts are all wholly manual and I
> > want to move to some level of co
I handle "Restricted" assets as Equity accounts. Typically the "Board"
designates
the various classes of temporarily restricted, permanently restricted, and
unrestricted
assets. The changes in equity are at the order of the Board.
For example the Board might designate funds restricted to some
I took over as treasurer for my church as of the first of the year and
have been using GC. There are three payroll employees that I managed to
set up for withholding tracking. It's kind of twisted but it works for
me.
There are some things I do in spreadsheets and GC is primarily my way of
track
On 8/26/2020 7:16 AM, Michael Hendry wrote:
I used to run my own small Ltd. company so basic accounting methods,
VAT, etc. are not beyond me either.
What I want is more on the 'how to run a small PCC accounts with GnuCash'
sort of thing. There are some quirks to PCC accounts (I think!):-
On 26 Aug 2020, at 11:21, Chris Green wrote:
>
> I have just taken over as treasurer of a (very) small church Parochial
> Church Council. The existing accounts are all wholly manual and I
> want to move to some level of computerisation.
>
> I am a long time Linux user and was, before I retired,
I have just taken over as treasurer of a (very) small church Parochial
Church Council. The existing accounts are all wholly manual and I
want to move to some level of computerisation.
I am a long time Linux user and was, before I retired, a Software
Engineer so the 'techie' side of things shouldn
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