Sounds like gnucash would make an interesting meeting presentation. -Lee
Alan Porter wrote:
It is basically like Quicken, with one major exception (see below). You have registers for your checking and savings accounts, and you enter your data in the same way. You reconcile the same way. You get a few basic reports (not many). The exception? GnuCash treats your "categories" (Quicken term) just like any other "account" (GnuCash term). You can click on a category and see a register of transactions, just like you do with your bank accounts. It's like looking at your transactions from the other side. In the Quicken world, it's like a detailed report on that category. For example, I can open the account called "expenses:car:gas" and see every transaction I made at gas stations. This is because GnuCash treats all transactions as if they were transfers between accounts (double-entry accounting). For example, there will be a transaction that transfers $10 from "liabilities:creditcard:visa" to "expenses:car:gas". I can see the same transaction from either "account" (or in Quicken terms, from the Visa "account" or the gas "category"). I also liked the fact that it imported my Quicken data with very little hassle. If you want a short introductory show-n-tell, reply offline and I'll show you all of my financial secrets. Alan
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