Re: [GNC] Suggestions for personal use of GnuCash

2019-03-05 Thread David Cousens
Richard For personal use just select Common Accounts and deselect the Business Accounts when creating the account heirarchy. This is usually the default setup. For an existing heirarchy make sure there are no transactions to the A/R, A/P accounts ( transfer them to other accounts as appropriate)

Re: [GNC] Suggestions for personal use of GnuCash

2019-03-05 Thread David Cousens
Richard, Rich Shepherd's approach is aprt of the way to accounting for a loan made but one would not usually use the business features for doing this. When you borrow money the loan is setup as a liability account as you are obligated to pay it back. Where you make a loan it will be setup as an

Re: [GNC] Suggestions for personal use of GnuCash

2019-03-05 Thread Rich Shepard
On Tue, 5 Mar 2019, rro...@pdsconnect.me wrote: I ran dual last year with MMEX (using since 2013) and GnuCash for personal finances. Today I tried to set up loans/mortgages that I have lent, not borrowed, but could not select from assets. Richard, I am not an accountant but my off-hand idea

[GNC] Suggestions for personal use of GnuCash

2019-03-05 Thread rrowan
I ran dual last year with MMEX (using since 2013) and GnuCash for personal finances. Today I tried to set up loans/mortgages that I have lent, not borrowed, but could not select from assets. Please consider those of us who are lenders and not borrowers. Also, personal use does not require