Re: Gnucash usage for small banks and GL derivation rules

2017-06-21 Thread Robert Heller
At Wed, 21 Jun 2017 07:40:35 -0400 stepbystepf...@dialup4less.com wrote: > > On 6/20/2017 12:02 PM, Adrien Monteleone wrote: > > First, I don’t think GnuCash is recommended for any case but personal > > finances, clubs, and small businesses. A financial institution is on an > > entirely

Re: Gnucash usage for small banks and GL derivation rules

2017-06-21 Thread Les
Banking is a very complex operation (I was a banker for 15 years). You have interest accruals: interest on loans (loans are an asset and the interest is income), accruals: interest on saving, time deposits, etc. (saving, checking, etc are liabilities and the interest is an expense). Real time,