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)
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
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
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